Map of Property

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

For Sale

313-315 Lake St, Newark, NJ 07104

This Newark property for sale is located at 313-315 Lake St. The current listed sale price for Reduced Sale Price: Brand New Luxury 20-Unit Apartment Building is $7,300,000. Reduced Sale Price: Brand New Luxury 20-Unit Apartment Building is situated on a lot that is 0.17 acre in size.

Contacts

Juan Disla

The Blau & Berg Company

Property Details

  • Property Type Multi-Family
  • Property Size 30,192 SF
  • Units 20
  • Lot Size 0.17 Acre
  • Year Built 2024
  • Date Updated May 14, 2026
Directly across from Branch Brook Park Steps from Bloomfield Avenue Retail and Dining Near Newark Light Rail and NJ Transit Easy access to I-280, Garden State Parkway and NJ TurnpikeReduced Sale Price: Brand New Luxury 20-Unit Apartment Building
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Highlights

  • 20 luxury 2BR/1BA units
  • 30,192 SF gross building area
  • 8 electric vehicle charging stations
  • Elevator building with secured lobby
  • Excellent condition — fully stabilized, fully leased
  • Ground floor enclosed parking for 18 vehicles
  • In-unit electric heating and A/C
  • New construction (2024)
  • Reduced sale price at $7.3M over 8% cap rate
  • Sprinkler system and fire alarms throughout
  • Stainless steel appliances, modern kitchens and open layouts

Attachments

Getting around

  • 86/100

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  • 72/100

    Transit Score ®

  • 48/100

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Location

  • City Newark, NJ
  • Neighborhood Seventh Avenue
  • Zip Code 07104
  • Market New Jersey

Points of Interest

  • Bloomfield Avenue

    0.30 miles

  • Davenport Avenue

    0.73 miles

  • Orange Street

    0.83 miles

  • Broad Street Station

    1.03 miles

  • Riverfront Stadium

    1.20 miles

  • Branch Brook Park

    1.27 miles

  • Harriet Tubman Square

    1.30 miles

  • Atlantic Street

    1.32 miles

  • Warren Street/NJIT

    1.32 miles

  • Grove Street

    1.41 miles

  • Exxon

    0.64 miles

  • Conoco

    0.67 miles

  • Sunoco

    0.69 miles

  • Delta

    0.77 miles

  • 7-Eleven

    1.27 miles

  • Lukoil

    1.27 miles

  • Speedway

    1.31 miles

  • Tesla Supercharger

    2.39 miles

  • Lot 18

    1.02 miles

  • Lot 12

    1.10 miles

  • Lot 12C

    1.11 miles

  • Lot 12B

    1.12 miles

  • Eagle West

    1.12 miles

  • Essex Lot

    1.18 miles

  • Lot 9

    1.19 miles

  • Lot 16

    1.22 miles

  • Lot 7

    1.24 miles

  • Essex County Parking Garage

    1.25 miles

  • Comfort Suites Newark - Harrison

    0.76 miles

  • Hampton Inn

    1.26 miles

  • Casa Majo

    1.55 miles

  • Best Western Robert Treat Hotel

    1.66 miles

  • TRYP Newark

    1.69 miles

  • Hotel Indigo Newark Downtown

    1.89 miles

  • Hilton

    1.93 miles

  • Courtyard Downtown Newark

    1.95 miles

  • Casa Tito

    1.97 miles

  • Ramada East Orange

    2.29 miles

  • Marshalls

    0.89 miles

  • Kearny Commons

    0.95 miles

  • ShopRite

    0.99 miles

  • Food Depot Supermarket

    1.04 miles

  • Target

    1.04 miles

  • Super Supermarket

    1.10 miles

  • SuperFresh Food World

    1.24 miles

  • Anthony's Shop and Save Supermarket

    1.41 miles

  • Stop & Shop Plaza

    1.48 miles

  • Stop & Shop

    1.53 miles

Contact Listing Broker
Juan Disla

The Blau & Berg Company

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