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Location
40 Cornerstone Ln, Newark, NJ 07103, USA|University Heights
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Amenities for 40 Cornerstone Ln, University Heights
Apartment Amenities
| Air Conditioning | Balcony |
| Furnished | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Business Center | Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Swimming Pool |
Services
| On-Site Management |
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
No pets allowed.
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About 40 Cornerstone Ln
Society Hills In University Heights. Prime living area in Newark. Close to all major universities and employers..Shoprite and Whole Foods within walking distance or a 30 second ride on the light rail. Community has clubhouse,pool and tennis courts for leisure time. THIS IS A ROOM FOR RENT IN A SHARED APARTMENT. Live in a professionally managed and furnished 4-bedroom residence with three (3) other roommates in a beautiful renovated Society Hill townhouse. WIFI Internet, and light monthly cleaning services included in the rent. Private bathroom, parking, and other upgrades are available at additional cost. Share this townhouse with others looking to save money without sacrificing quality. No need to worry about purchasing the furniture just to turn around and sell it. Capstone Elite has true turnkey housing with worry-free management. Pay rent and log maintenance requests online through your online resident portal and exclusive resident access to perks like free Whole Foods delivery and discounted tickets to bar crawls and other local events. Are you roommate material? At Capstone Elite our shared living experience makes Coexisting easy! You'll find the best of convenient urban living, roommate screening, and matching plus the benefits of a socially, vibrant apartment experience. Located in the heart of historic University Heights in Newark, NJ, Capstone Elite offers a high-end shared apartment living in a professionally managed community. Live near the city's energy with local restaurants, up-and-coming nightlife, and just steps to world-renowned medical and educational institutions. Our apartments feature fully appointed kitchens, a washer & dryer in the unit, and fully furnished common areas and bedrooms. Match with the best roommates available and secure a private room with a shared or private bath. It's that easy! Call us today to learn more about Newark's easiest apartment shares!. Capstone Elite properties are nestled in neighborhoods brimming with a variety of retail, dining, entertainment, and we're conveniently located near public transit including Newark Penn Station. Just five minutes from Downtown Newark, Branch Brook Park, and along the Rutgers Shuttle bus routes, Capstone Elite has a variety of different living options and locations in vibrant Newark, NJ. No moving truck needed! Nearly all Capstone Elite properties offer fully furnished units at no extra fee. And, many properties are cable & technology-enabled, helping you stay connected to coursework, the office, friends, and loved ones. Residents appreciate living within walking distance of the universities, hospitals, grocery stores, and shopping. Commute to work or school with ease thanks to nearby Newark Penn Station, NJ Transit Light Rail, Buses & Rutgers/NJIT Shuttle. Or, navigate the world by getting to NYC or EWR Newark Liberty International Airport in under 30 minutes. No roommate? No problem! You can simply complete the Capstone Elite personal profile survey and we'll scientifically match you with someone compatible with interests, hobbies, and lifestyle habits to a 98% success rate. Nearby Newark Colleges & Universities - Newark Off-Campus: Walk or bike to class at University Hospital (UMDNJ), New Jersey Medical School (NJMS), Rutgers Graduate School of Biomedical Sciences (GSBS), Rutgers Dental School (RSDM), Rutgers University Newark (RUN), New Jersey Institute of Technology (NJIT), Seton Hall Law School (SHU Law), Rutgers Business School (RB..
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 40 Cornerstone Ln compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
Address details
| Neighborhood | University Heights |
|---|---|
| Zip code | 07103 |
| Type | Condo for rent |
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Rent trends in University Heights
studio apartments at 40 Cornerstone Ln cost about 9% less than the average rent price for studio apartments in Newark.
Median rents as of Sep 13 2025.
University Heights
Newark
| Month | Median Rent |
|---|---|
| September 2023 | $1,400 |
| October 2023 | $1,312 |
| November 2023 | $1,256 |
| December 2023 | $1,432 |
| January 2024 | $1,415 |
| February 2024 | $1,250 |
| March 2024 | $1,386 |
| April 2024 | $1,838 |
| May 2024 | $1,575 |
| June 2024 | $1,465 |
| July 2024 | $1,318 |
| August 2024 | $1,452 |
| September 2024 | $1,412 |
| October 2024 | $1,318 |
| November 2024 | $1,512 |
| December 2024 | $1,462 |
| January 2025 | $1,523 |
| February 2025 | $1,593 |
| March 2025 | $1,640 |
| April 2025 | $1,643 |
| May 2025 | $1,475 |
| June 2025 | $1,450 |
| July 2025 | $1,350 |
| August 2025 | $1,300 |
| September 2025 | $1,300 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,250 |
| October 2023 | $1,206 |
| November 2023 | $1,075 |
| December 2023 | $1,050 |
| January 2024 | $1,050 |
| February 2024 | $1,050 |
| March 2024 | $1,030 |
| April 2024 | $1,031 |
| May 2024 | $1,083 |
| June 2024 | $1,195 |
| July 2024 | $1,206 |
| August 2024 | $1,272 |
| September 2024 | $1,334 |
| October 2024 | $1,393 |
| November 2024 | $1,350 |
| December 2024 | $1,243 |
| January 2025 | $1,200 |
| February 2025 | $1,300 |
| March 2025 | $1,090 |
| April 2025 | $1,275 |
| May 2025 | $1,355 |
| June 2025 | $1,306 |
| July 2025 | $1,255 |
| August 2025 | $1,225 |
| September 2025 | $1,175 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 3 years ago | $1,000 |
Schools near 40 Cornerstone Ln
McKinley School
1 colonnade pl
newark, NJ, 7104
PK, K-8Public
C
Sussex Avenue Renew School
307 sussex ave
newark, NJ, 7107
PK, K-8Public
C
Quitman Street School
21 quitman st
newark, NJ, 7103
PK, K-8Public
C
Camden Street Elementary School
281 camden st
newark, NJ, 7103
PK, K-8Public
C-
13th Avenue School
359 thirteenth ave
newark, NJ, 7103
PK, K-8Public
C-
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Internet available near 40 Cornerstone Ln
Neighborhood
University Heights | Newark, NJ
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Newark near 40 Cornerstone Ln
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
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
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 40 Cornerstone Ln, Newark
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several 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
8/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
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