The Madison at Elizabeth
310 Madison Ave,
Elizabeth, NJ 07201
$1,950 - $2,900
1-2 Beds
Situated on the west side of Newark Bay, flowing into the Atlantic Ocean, Downtown Elizabeth is a diverse neighborhood in the heart of Elizabeth, New Jersey. This quaint commercial district offers various businesses and retailers, as well as local restaurants, banks, hospitals, and historic buildings.
Downtown Elizabeth is a great place to put down roots for those looking to commute to New York. This neighborhood is about 15 miles southwest of New York City and is easily accessible by road or public transit. The Elizabeth train station with New Jersey Transit will take you all the way north to Midtown Manhattan and all the way south to Bay Head, New Jersey. If you’re a frequent flyer, proximity to Newark Liberty International Airport is a surefire perk!
A commuter-friendly neighborhood, Downtown Elizabeth offers more affordable rent for apartments and condos than neighboring areas, which is a pleasant surprise considering its close proximity to the hustle and bustle of New York’s lively boroughs!
As of May 2026, the average apartment rent in Downtown Elizabeth is $1,527 for a studio, $1,745 for one bedroom, $2,410 for two bedrooms, and $1,829 for three bedrooms. Apartment rent in Downtown Elizabeth has decreased by -3.3% in the past year.
Studio
471 sq ft
Average Sq Ft
$1,527/month
Average Rent
1 BR
710 sq ft
Average Sq Ft
$1,745/month
Average Rent
2 BR
963 sq ft
Average Sq Ft
$2,410/month
Average Rent
3 BR
957 sq ft
Average Sq Ft
$1,829/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Elizabeth - Elizabeth, NJ is for everyday living.
Exceptionally Walkable
Walkability
Exceptional Public Transit
Transit
Moderately Drivable
Drivability
Fairly Bikeable
Bikeability
In Downtown Elizabeth - Elizabeth, NJ, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Great Variety of Shops Nearby
Shopping
Downtown Elizabeth - Elizabeth, NJ provides green space and wellness resources in certain areas.
Exceptional Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Downtown Elizabeth - Elizabeth, NJ from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Very Noisy
Quiet Score
3,502
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.