The Beacon Jersey City
20 Beacon Way,
Jersey City, NJ 07304
$1,995 - $4,245 | Studio - 2 Beds
Signs reading "The Heart of Jersey City: McGinley Square" line the streets of this bustling neighborhood. The up-and-coming area of Jersey City houses small businesses, diverse eateries, and large franchises alike. The streets buzz with commuters on their way to work, students heading to class, and locals running daily errands.
Saint Peter's College allots for much of historic McGinley Square. An active redevelopment plan and local organizations aim to make the neighborhood a highly desirable place to live by upgrading older buildings and bringing in new businesses, condos, and entertainment centers.
Locals can enjoy proximity to New York City and Downtown Jersey City while enjoying a more affordable cost of living. Unique shops, diverse cuisine, and a host of dynamic recreational parks await you in this thriving community.
As of April 2025, the average apartment rent in McGinley Square is $1,907 for a studio, $1,951 for one bedroom, $2,564 for two bedrooms, and $3,180 for three bedrooms. Apartment rent in McGinley Square has increased by 1.6% in the past year.
Studio
428 sq ft
Average Sq Ft
$1,907/month
Average Rent
1 BR
606 sq ft
Average Sq Ft
$1,951/month
Average Rent
2 BR
776 sq ft
Average Sq Ft
$2,564/month
Average Rent
3 BR
941 sq ft
Average Sq Ft
$3,180/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Niche User
8 years and 11 months ago•Niche Review
West side is scared walk In the night time
Niche User
9 years and 7 months ago•Niche Review
Over the past decade, Jersey City has improved tremendously.
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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 2025.