313-315 Lake St

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Address: 313-315 Lake St, Newark, NJ 07104, USA
New York & Tri-State + Apartment Buildings
Created date: December 22, 2025
Date last updated: May 21, 2026
Price: $7,300,000Investment Analyzer NEW!
  • 20 luxury 2BR/1BA units
  • New construction (2024)
  • 30,192 SF gross building area
  • Excellent condition — fully stabilized, fully leased
  • Ground floor enclosed parking for 18 vehicles
  • 8 electric vehicle charging stations
  • Elevator building with secured lobby
  • In-unit electric heating and A/C
  • Stainless steel appliances, modern kitchens and open layouts
  • Sprinkler system and fire alarms throughout
  • Reduced sale price at $7.3M over 8% cap rate

Property Description

Reduced Sale Price: Brand New Luxury 20-Unit Apartment Building

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 20
Year Built: 2024
Lot Size: 0.17 Acres
Opportunity Zone: No
Property Website Click Here
Address: 313-315 Lake St, Newark, NJ 07104, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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