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modified
23 Hours Ago

Highlights

  • Pet Friendly

Location

40-42 Broadway #5B, Paterson, NJ 07505, USA|Downtown Paterson

Tour 40-42 Broadway #5B

Contact

Casa Real Property Group

(973) 684-1110

Amenities for 40-42 Broadway #5B, Downtown Paterson

Apartment Amenities

Hardwood Floor

Building

Cats OKDogs OK
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. Security deposits may be refundable, however, be sure to discuss with your landlord and check your lease agreement for specific terms. Always meet the landlord in person. Always tour the property. Never wire any money.

$2,400

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12+ months
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About 40-42 Broadway #5B

HomeApartments in PatersonDowntown Paterson 40-42 Broadway #5B, Paterson, NJ 07505, USA

Hardwood floors, beautiful natural light, and a location right in the heart of Downtown Paterson . This 1-bedroom apartment is bright, inviting, and close to shopping, dining, and transportation. Available for immediate move-in. Listed by Casa Real Property Group. Easy to show. Contact us to schedule. Applicants will be asked to complete a background check, credit check, and employment verification, and tenant is responsible for the broker fee.


Address details

NeighborhoodDowntown Paterson
Zip code07505
TypeApartment for rent

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Rent trends in Downtown Paterson

1-bedroom apartments at 40-42 Broadway #5B cost about 10% more than the average rent price for 1-bedroom apartments in Downtown Paterson.

Median rents as of Apr 18 2026.
Downtown Paterson
Paterson
A table of 1-bedroom apartment rental data trends in Paterson
MonthMedian Rent
May 2024$1,754
June 2024$1,750
July 2024$1,722
August 2024$1,757
September 2024$1,650
October 2024$1,706
November 2024$1,650
December 2024$1,625
January 2025$1,725
February 2025$1,742
March 2025$1,787
April 2025$1,794
May 2025$1,800
June 2025$1,725
July 2025$1,760
August 2025$1,792
September 2025$1,815
October 2025$1,800
November 2025$1,760
December 2025$1,775
January 2026$1,750
February 2026$1,696
March 2026$1,606
April 2026$1,600
A table of 1-bedroom apartment rental data trends in Downtown Paterson
MonthMedian Rent
May 2024$1,600
June 2024$1,425
July 2024$1,400
August 2024$1,655
September 2024$1,575
October 2024$1,725
November 2024$1,460
December 2024$1,387
January 2025$1,618
February 2025$1,750
April 2025$2,000
May 2025$1,862
July 2025$1,720
August 2025$1,680
November 2025$1,500
December 2025$1,450
February 2026$1,516
March 2026$1,443
April 2026$1,450

Affordability calculator

Can I afford to live at 40-42 Broadway #5B?

Bedrooms

1 bedroom

Rent-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

$64,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 1-bedroom monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.

Schools near 40-42 Broadway #5B

Norman S. Weir Elementary School

152 college blvd

paterson, NJ, 7505

K-8Public
C+

School No. 2

22 passaic st

paterson, NJ, 7501

K-8Public
C-

Young Mens Academy

45 smith st

paterson, NJ, 7501

3-8Public
C-

School No. 28

200 presidential blvd

paterson, NJ, 7522

PK, K-8Public
B+

Rev. Dr. Frank Napier Jr. School

55 clinton st

paterson, NJ, 7522

1-8Public
C-
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Internet available near 40-42 Broadway #5B

Getting around Paterson near 40-42 Broadway #5B

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 40-42 Broadway #5B, Paterson

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

4/10
Some bars within walking distance

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