Updated 1 Day Ago
Location
40 Jay St, Newark NJ 07103, USA|University Heights
Tour 40 Jay St
Contact
Carl Hixson
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Amenities for 40 Jay St, University Heights
Apartment Amenities
| Air Conditioning | Central Heat |
Appliances
| Dishwasher | In-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
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
| Neighborhood | University Heights |
|---|---|
| Zip code | 07103 |
| Type | Apartment for rent |
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Rent trends in University Heights
2-bedroom apartments at 40 Jay St cost about the same as the average rent price for 2-bedroom apartments in University Heights.
Median rents as of Oct 10 2026.
University Heights
Newark
| Month | Median Rent |
|---|---|
| October 2024 | $2,100 |
| 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 | $1,918 |
| September 2026 | $1,968 |
| October 2026 | $2,000 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,200 |
| 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 | $2,050 |
| September 2026 | $2,206 |
| October 2026 | $2,250 |
Affordability calculator
Can I afford to live at 40 Jay St?
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
$90,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $90,000 annually to afford this 2-bedrooms monthly rent price of $2,250.
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
Explore the area around 40 Jay St
Central Grocery Store
291 Central Ave
Norfolk Food Mart
151 Norfolk St
Food Depot
75B 1st St
Brothers Grocery
425 Orange St
Dreamers Supermarket
71 7th Ave
Newark Tees Printing Company
105 Lock St
Family Dollar
139 7th Ave
Newark Wear
379 W Market St
Goodwill Rescue Mission
79 University Ave
Family Dollar
131 Clifton Ave
Dunkin'
256 Central Ave
Yaya Tea Newark
250 Central Ave
Surf City Squeeze
186 W Market St
Starbucks
350 Dr Martin Luther King Jr Blvd
Barista Cafe Newark
25 University Ave
Barcade
494 Mayor Gibson Blvd
McGovern's Tavern
58 New St
Marcus B&P
56 Halsey St
Qdoba Mexican Eats
64 Halsey St
Di Lubio Asur Tavern
106 Broadway
Meat Town
152 Orange St
CMH Seafood Corp
370 W Market St
Unity Beef Sausage
94 Orange St
Aneuris Meat Market
115 Roseville Ave
Juicy Crab Inc
104 Roseville Ave
Park
Playground
Blue Playground
Playground
Campus Center Terrace
Dunkin'
256 Central Ave
Polleria Karpollo LLC
267 Orange St
Yaya Tea Newark
250 Central Ave
Subway
250 Central Ave
Resa Grill
12 Lock St
Norfolk St / Sussex Ave
Clifton Avenue Crosstown
Norfolk St / Sussex Ave
Clifton Avenue Crosstown
Central Avenue / Norfolk Street
Elizabethport - Newark - Orange, Tremont - Central Av - Newark Penn Sta
Central Avenue / Norfolk Street
Elizabethport - Newark - Orange, Tremont - Central Av - Newark Penn Sta
Norfolk St / Central Ave
Clifton Avenue Crosstown
Newark Broad St
Morristown Line, Montclair-Boonton Line, Gladstone Branch
Newark
Northeast Regional, Acela, Keystone Service, Carolinian, Crescent, Palmetto, Pennsylvanian, Silver Meteor, Vermonter, Cardinal
Newark Penn Station
Northeast Corridor, North Jersey Coast Line, Raritan Valley Line
East Orange
Morristown Line, Gladstone Branch
Brick Church
Morristown Line, Gladstone Branch
Norfolk Street
Newark Light Rail
Orange Street
Newark Light Rail
Warren Street
Newark Light Rail
Broad Street
Newark Light Rail
Harriet Tubman Square
Newark Light Rail
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