Comptroveby RentSpire

Avalon Boonton

1 Avalon Way, Boonton, NJ, 07005

Market rate 43 units Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: not observed. Average effective rent: not observed.

TypeAsking rentEffective rentAvg sqftObservations
Studionot observednot observed7611
1 bedroomnot observednot observed7451

HUD Fair Market Rent gap

HUD area: Newark, NJ HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

24 Hour MaintenanceBalcony/Patio (Select Homes)BarbecueConvenient to Florham Park, Montville, Mountain Lakes, Morristown, and ParsippanyFitness CenterHalf mile to the Boonton NJ Transit Station on the Montclair-Boonton Line providing access to NewarkHard-surface FlooringHigh-Speed WiFiHighway AccessIn-Unit Washer/DryerLoungeOn-site SolarPackage AcceptanceParkingPet FriendlyPoolSmoke FreeStainless Steel AppliancesWalk-in Closets

Operator

Managed by AvalonBay Communities.

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Luxury Parsippany Parsippany, NJ 1.77 mi $3,162 53%

Sources & provenance

Sourced from https://www.avaloncommunities.com/new-jersey/boonton-apartments/avalon-boonton/ — 3 observation(s), last observed May 6, 2026.

Data age: 103 days. Last observed: May 6, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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