Rental Apartment with Resort-Style
51 Okner Pkwy # 3010, Livingston, NJ 07039
For Sale
New
Contact for pricing
The three-bedroom residence combines in-unit laundry and walk-in closets with extensive indoor and outdoor community amenities.
Property Size1,378 SF
Price / SF$4.25
Days on Market2
Property Features for 51 Okner Pkwy # 3010
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Amenities
24/7 concierge
lobby lounge
fitness center
yoga room
sports simulator
clubroom
library
co-working space
coffee lounge
private dining
courtyards
in-ground pool
firepits
Zen garden
BBQ grill space
pickleball courts
basketball court
dog park
playground
community garden
walking trail
EV charging stations
secure parking deck
Tile,Vinyl-Linoleum
Electric
First
1 Bedroom,2 Bedrooms,Bath Main,Bath(s) Other,Dining Room,Kitchen,Laundry Room,Living Room
Center Island
3
In Unit
Shades,Walk-In Closet
16x10
14x11
12x11
11x11
6x10
16x14
Public Water,Water Charge Extra
8.729 AC
8.73
Barbeque,Dog Run,Sidewalk,Underground Lawn Sprinkler
Building Details
Year Built
Listing Agency:
(551) 239-8040
Listed By:
Justin Robinson
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 9 at 7:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Justin Robinson
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3-bedroom, 2-bath apartment measures 1,378 square feet and is listed with a 2026 year built. Interior features include quartz countertops, stainless-steel appliances, a center island, tiled bathroom finishes, walk-in closets, and in-unit laundry. The community provides a concierge, fitness and yoga rooms, a sports simulator, co-working areas, a library, and resident lounges and dining space.
Outdoor amenities include three courtyards, an in-ground pool, firepits, a Zen garden, barbecue space, three pickleball courts, a full-size basketball court, a dog park, a playground, a community garden, and a walking trail. A secure parking deck and EV charging stations are also provided. The property is at 51 Okner Pkwy in Livingston Township, with access to major highways, public transportation, shopping, and dining.
Outdoor amenities include three courtyards, an in-ground pool, firepits, a Zen garden, barbecue space, three pickleball courts, a full-size basketball court, a dog park, a playground, a community garden, and a walking trail. A secure parking deck and EV charging stations are also provided. The property is at 51 Okner Pkwy in Livingston Township, with access to major highways, public transportation, shopping, and dining.
Key Highlights
- 3‑bedroom, 2‑bath apartment with 1,378 square feet
- Quartz countertops, stainless‑steel appliances, and center island
- Three courtyards with an in‑ground pool, firepits, and Zen garden
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,191
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,820
$423.8K
Cap Rate 7%
$302,729
$302.7K
Cap Rate 9%
$235,456
$235.5K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$41.3K $30.00/SF
− Vacancy
−$2.8K −$2.04/SF
EGI
$38.5K $27.96/SF
− OpEx
−$17.3K −$12.58/SF
NOI
$21.2K $15.38/SF
Area
Essex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,820
Cap Rate 7%
$302,729
Cap Rate 9%
$235,456
Alternative Uses
Best Use
Apartment 5plus
$302.7K
$264.9K – $353.2K
NOI $21,191 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.8K
$314.9K – $419.8K
NOI $25,188 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
772
Businesses Nearby
Explore this area
Business Placement
Demographics for 07039, NJ
31,325
Population
10,684
Households
2.9
Avg Household Size
43
Median Age
73%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
2,270
Density / Sq Mi
$218,416
Median Household Income
$111,109
Median Earnings
$2,953
Median Rent
$746,100
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Essex County, NJ
Properties on Market for Residential income properties in Essex County
Frequently Asked Questions
What type of property is this?
Residential income property - The three-bedroom residence combines in-unit laundry and walk-in closets with extensive indoor and outdoor community amenities.
Where is this residential income property located?
The property is located at 51 Okner Pkwy # 3010 Livingston, NJ.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath apartment with 1,378 square feet; Quartz countertops, stainless‑steel appliances, and center island; Three courtyards with an in‑ground pool, firepits, and Zen garden
