40 Exchange Street - New Haven, CT

$2,300

Beds

1.00

Baths

1,000

SqFt

0.31

Acres

Pricing Insight: Originally listed for $2,600, the price was last adjusted to $2,300 on January 25, 2026, a –$300 (11.5%) change, approximately 0 days ago. This property has been on the market for approximately 352 days.

40 Exchange Street, New Haven, CT is a 3-bed, 1-bath, 1,000 square foot home built in 1900 , featuring apartment architecture. This residence is part of a 2-unit community.

This home is within the New Haven school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24073094

Offered Price: $2,300

Residence Type: Residential Rental

Architectural Style: Apartment

Living Area: 1,000 Sq. Ft.

Lot Size: 0.31 Acres

Neighborhood: N/A

County: New Haven

Year Built: 1900

Design & Construction: N/A

Heating: Hot Air

Cooling: None

Garage Spaces: 0

Price per Sq Ft as listed: $2

Estimated Tax: $0

Days on Market: 352

$240,000

2 Beds · 3 Baths · 1,478 Sq Ft

100 Front Street, New Haven

$220,000

2 Beds · 1 Baths · 912 Sq Ft

72 Pierpont Street, New Haven

$196,000

2 Beds · 3 Baths · 1,725 Sq Ft

674 Quinnipiac Avenue, New Haven

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Natural Gas

Fuel Type: Hot Air

Fuel Tank Location: Not specified

Cooling System: None

Hot Water System: Natural Gas, Domestic

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $2 / Sq. Ft.

Tax assessed value: $0

Estimated Tax: $0

Architectural Style: Apartment

Design & Construction: N/A

Residence Type: Residential Rental

Year Constructed: 1900

Living Area: 1,000 Sq. Ft.

Lot Size: 0.31 Acres

Fuel: Natural Gas

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in New Haven
Statistical modeling algorithms

Local Market Context

Active Listings: 322

Average Price: $105,598

Average DOM: 352 days

Complimentary CMAs, no obligation

Spacious 3-bedroom apartment nestled in the vibrant Fair Haven neighborhood, offering convenient proximity to the Mill/Quinnipiac River, Grand Avenue, and local dining hotspots. This thoughtfully designed living space features an open-concept kitchen and living area that creates a seamless, modern living experience. Open floor plan connecting kitchen and living spaces In-unit laundry facilities Dishwasher included Attractive back common area with seating and relaxation zones Upcoming improvements planned for spring/summer The apartment combines functionality with comfort, providing residents with a contemporary living environment in a desirable neighborhood location.

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain • 0.3 acres

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

322

Homes For Sale

$105,598

Average List Price

Mechanicals & Utilities: Hot Air • Natural Gas • None • Public Water Connected water

Exterior Features

Garage: Off Street Parking

Parking: 1 Total

Utilities: Water: Public Water Connected

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New Haven • Connecticut Shoreline

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40 Exchange Street, New Haven, Connecticut

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