237 5th Ave
237 5th Ave,
Paterson, NJ 07524
$2,300 | 3 Beds
The Riverside neighborhood of Paterson sits near the Passaic River. Dense residential subdivisions fill this area, but locals also enjoy access to green spaces and nature along the rivers and in the parks scattered throughout the nearby areas. Roughly 22 miles from New York City, this community offers residents the chance to commute to the city in less than an hour, and locals don't have to travel far for fun either. The heart of the Riverside neighborhood centers around the intersections of 7th Avenue and 16th Street. There and in the blocks surrounding it, fun restaurants sit among taverns, sandwich shops, and sushi bars, appealing to foodies and anyone else craving a bite. Check out apartments for rent close to those streets if you like to have amenities within walking distance, but if you prefer to have nature within walking distance, look for rentals by the river.
As of March 2025, the average apartment rent in Riverside is $1,466 for one bedroom, $2,002 for two bedrooms, and $2,347 for three bedrooms. Apartment rent in Riverside has increased by 1.7% in the past year.
1 BR
494 sq ft
Average Sq Ft
$1,466/month
Average Rent
2 BR
741 sq ft
Average Sq Ft
$2,002/month
Average Rent
3 BR
982 sq ft
Average Sq Ft
$2,347/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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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.