- 2 Beds
- 1 Bath
- 900 sqft
40 Jay St #3, Newark, NJ 07103
Home Highlights
Apartment
900 sqft
Local Information
-- mins to
About this House
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.
40 Jay St #3, Newark, NJ 07103 is a 2 bedroom, 1 bathroom, 900 sqft apartment in University Heights. More recently, it was listed as a rental in August 2026 with an asking price of $2,300 per month. That rental listing was removed on September 3, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,942/month.
Home Details for 40 Jay St #3
|
|---|
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Air Conditioner, Wall UnitHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
|
|---|
Property Type / Style Property Type: Apartment |
|
|---|
Lease Term: 1 YearAvailable: now |
Comparable Sales for 40 Jay St #3
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Apartment | $528,750 | 06/23/26 | 2 | 1 | 750 sqft | |
0.23 | Apartment | $319,094 | 03/23/26 | 4 | 2 | 1,600 sqft | |
0.50 | Apartment | $730,000 | 01/13/26 | 3 | 1 | 2,612 sqft | |
0.65 | Apartment | $363,400 | 06/04/26 | 2 | 2 | 1,600 sqft | |
0.82 | Apartment | $620,000 | 11/10/25 | 2 | 1 | 2,835 sqft | |
1.20 | Apartment | $25,200 | 10/17/25 | 2 | 1 | 1,000 sqft | |
1.01 | Apartment | $295,000 | 09/09/25 | 2 | 2 | 807 sqft | |
1.38 | Apartment | $650,000 | 05/06/26 | 2 | 1 | 650 sqft | |
1.52 | Apartment | $225,000 | 03/05/26 | 2 | 1 | 1,003 sqft | |
1.42 | Apartment | $50,000 | 05/28/26 | 2 | 1 | 500 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in University Heights
Last updated Sep 2026
Trulia Rent Estimate$1,942/mo
Average rent
$2.15K
$50MoM
Available listings
53
Around this home
What Locals Say about University Heights
At least 117 Trulia users voted on each feature.
88 % Say there are sidewalks
75 % Say it's walkable to grocery stores
67 % Say car is needed
61 % Say it's dog friendly
58 % Say streets are well-lit
57 % Say parking is easy
54 % Say yards are well-kept
51 % Say it's walkable to restaurants
45 % Say there's holiday spirit
45 % Say they plan to stay for at least 5 years
42 % Say kids play outside
39 % Say neighbors are friendly
38 % Say it's quiet
34 % Say people would walk alone at night
28 % Say there are community events
21 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 3, 2026 Source: Zillow Rentals | ListingRemoved | $2,250 |
Sep 1, 2026 Source: Zillow Rentals | PriceChange | $2,250 Price increased by 2% |
Aug 27, 2026 Source: Zillow Rentals | PriceChange | $2,200 Price decreased by 4% |
Aug 23, 2026 Source: Zillow Rentals | Listed For Rent | $2,300 |
Frequently asked questions about 40 Jay St #3
- Is Newark a buyer's or seller's market?Newark is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Newark?The median sale price in Newark is $507K. That is up $31.67K from the prior month.
- What do residents say about the University Heights neighborhood?Residents describe the University Heights neighborhood in Newark, NJ as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See recently sold homes in University Heights, Newark.
- What are the closest schools to 40 Jay St #3?The closest schools to 40 Jay St #3 in Newark, NJ are Barringer High School (rated 1/10), Central High School (rated 1/10), East Side High School (rated 2/10).
- Does 40 Jay St #3 have air conditioning?Yes, 40 Jay St #3 in Newark, NJ has air conditioning.
- Does 40 Jay St #3 have laundry facilities?Yes, 40 Jay St #3 in Newark, NJ has in-unit laundry.
Homes for rent near 40 Jay St #3
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

