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Location

40 Jay St, Newark NJ 07103, USA|University Heights

Tour 40 Jay St

Contact

Carl Hixson

(844) 326-5691 ext. 7856

Amenities for 40 Jay St, University Heights

Apartment Amenities

Air ConditioningCentral Heat

Appliances

DishwasherIn-Unit Laundry
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?

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About 40 Jay St

HomeApartments in NewarkUniversity Heights 40 Jay St, Newark NJ 07103, USA

Beautifully Renovated University Heights 2br Apartment, with modern Design. Big stylish opening concept kitchen with quartz countertops and backsplash. In unit washer/dryer. Walking distance from top educational institutions like Rutgers University NJIT and EEC, making it an excellent choice for students and professionals alike. The location is also just blocks from all public school options, and a daycare center is across the street. It is centrally location in Newark, Ideal location for many Newark amenities and dining options. 2 blocks from Highway 280, 2 blocks from Branch Brook Park, and near 2 light rail train stations and a number of busses.


Address details

NeighborhoodUniversity Heights
Zip code07103
TypeApartment for rent

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Rent trends in University Heights

2-bedroom apartments at 40 Jay St cost about 2% less than the average rent price for 2-bedroom apartments in University Heights.

Median rents as of Aug 22 2026.
University Heights
Newark
A table of 2-bedroom apartment rental data trends in Newark
MonthMedian Rent
September 2024$2,150
October 2024$2,112
November 2024$2,140
December 2024$2,225
January 2025$2,262
February 2025$2,300
March 2025$2,180
April 2025$2,125
May 2025$2,100
June 2025$1,986
July 2025$1,990
August 2025$1,999
September 2025$2,000
October 2025$2,000
November 2025$1,995
December 2025$1,999
January 2026$2,014
February 2026$2,000
March 2026$1,999
April 2026$2,000
May 2026$1,988
June 2026$1,919
July 2026$1,890
August 2026$1,910
A table of 2-bedroom apartment rental data trends in University Heights
MonthMedian Rent
September 2024$2,400
October 2024$2,300
November 2024$2,250
March 2025$2,500
April 2025$2,498
May 2025$2,534
June 2025$2,550
July 2025$2,530
August 2025$2,721
September 2025$2,870
October 2025$2,725
November 2025$2,635
December 2025$2,600
March 2026$1,537
April 2026$1,559
May 2026$1,815
June 2026$1,872
July 2026$2,137
August 2026$2,012

Affordability calculator

Can I afford to live at 40 Jay St?

Bedrooms

2 bedrooms

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

$88,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.

Schools near 40 Jay St

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

Dr. E. Alma Flagg School

150 third st

newark, NJ, 7104

PK, K-8Public
C-

Salome Urena Elementary School

284 first ave

newark, NJ, 7104

PK, K-8Public
C

Franklin School

42 park ave

newark, NJ, 7104

PK, K-8Public
C
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Internet available near 40 Jay St

Getting around Newark NJ 07103 near 40 Jay St

Walking

10/10
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 Jay St, Newark NJ 07103

Groceries

9/10
Exceptional variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

9/10
Wide variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

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

High schools

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

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

7/10
Wide variety of bars within a short drive, including some within walking distance

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