11 Hours Ago
Location
242 Spring St #501, Paterson, NJ 07503, USA|South Paterson
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Amenities for 242 Spring St #501, South Paterson
Apartment Amenities
| Freezer | Linoleum Vinyl |
| Utilities Included | Water |
Appliances
| Dishwasher | In-Unit Laundry |
| Refrigerator |
Tech
| Wired For Internet |
Building
| Intercom | Sewage |
| Wall |
Grounds
| Garage Parking |
Services
| Garbage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 242 Spring St #501
Property Id: 2253096 Welcome to your new home at 242 SPRING ST in PATERSON! This charming 2 bedroom, 1 bathroom apartment boasts modern amenities including a dishwasher, refrigerator, and shared washer/dryer. Enjoy the convenience of a shared garage and wired internet. Rent for $2450/mo with utilities included. No pets allowed. Book your viewing today!
Address details
| Neighborhood | South Paterson |
|---|---|
| Zip code | 07503 |
| Type | Apartment for rent |
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Rent trends in South Paterson
2-bedroom apartments at 242 Spring St #501 cost about 4% more than the average rent price for 2-bedroom apartments in South Paterson.
Median rents as of Feb 21 2026.
South Paterson
Paterson
| Month | Median Rent |
|---|---|
| March 2024 | $2,075 |
| April 2024 | $1,987 |
| May 2024 | $1,933 |
| June 2024 | $2,161 |
| July 2024 | $2,236 |
| August 2024 | $2,206 |
| September 2024 | $2,143 |
| October 2024 | $2,100 |
| November 2024 | $2,170 |
| December 2024 | $2,306 |
| January 2025 | $2,287 |
| February 2025 | $2,268 |
| March 2025 | $2,290 |
| April 2025 | $2,212 |
| May 2025 | $2,220 |
| June 2025 | $2,200 |
| July 2025 | $2,200 |
| August 2025 | $2,182 |
| September 2025 | $2,150 |
| October 2025 | $2,000 |
| November 2025 | $2,000 |
| December 2025 | $2,000 |
| January 2026 | $2,000 |
| February 2026 | $2,035 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,262 |
| April 2024 | $2,100 |
| May 2024 | $1,900 |
| June 2024 | $2,170 |
| October 2024 | $2,450 |
| November 2024 | $2,425 |
| December 2024 | $2,268 |
| January 2025 | $2,093 |
| February 2025 | $2,200 |
| March 2025 | $2,380 |
| April 2025 | $2,200 |
| May 2025 | $2,300 |
| June 2025 | $2,350 |
| July 2025 | $2,400 |
| August 2025 | $2,400 |
| September 2025 | $2,380 |
| October 2025 | $2,300 |
| November 2025 | $2,080 |
| December 2025 | $2,400 |
| January 2026 | $2,400 |
| February 2026 | $2,340 |
Affordability calculator
Can I afford to live at 242 Spring St #501?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$98,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $98,000 annually to afford this 2-bedrooms monthly rent price of $2,450.
For more information on rent affordability, visit our rent calculator.
Schools near 242 Spring St #501
School No. 8
35 chadwick st
paterson, NJ, 7503
K-8Public
D+
School No. 3
448 main st
paterson, NJ, 7501
K-8Public
D+
Early Childhood Center of the Paterson
90 martin st
paterson, NJ, 7501
PKPublic
School 16
11 22nd ave
paterson, NJ, 7513
PK, K-8Public
D+
Dr. Hani Awadallah School
515 marshall st
paterson, NJ, 7503
PK, K-8Public
C-
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Internet available near 242 Spring St #501
Getting around Paterson near 242 Spring St #501
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 242 Spring St #501, Paterson
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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