Corner Apartment
For Sale
$2,195,000
99 Pulaski St, Newark, NJ 07105
For-sale apartment building located on a corner in Essex County, Newark.
Property Size5,436 SF
Price / SF$403.79
Days on Market163
Property Features for 99 Pulaski St
General Information
Standard status
Active
Size
5,436 SF
Site & Location
Neighborhood
South Ironbound
Building Details
Year Built
1985
Listing Agency:
EXIT REALTY LUCKY ASSOCIATES
Listed By:
PATRICK DWYER · License #293621
(973) 344-1000
Source:
Luminancerealty
Added: May 15
Changed: Oct 4
Last Checked: Oct 5 at 11:03PM
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 EXIT REALTY LUCKY ASSOCIATES
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale apartment building is an income-producing residential property offered as part of a multifamily asset profile. The listing is categorized as an apartment building and residential income property.
The property is situated at a corner intersection, identified in the remarks as the corner of Pulaski and E. Kinney, in Essex County.
For more information or to schedule a showing, contact the listing team.
The property is situated at a corner intersection, identified in the remarks as the corner of Pulaski and E. Kinney, in Essex County.
For more information or to schedule a showing, contact the listing team.
Key Highlights
- For‑sale apartment building on a corner in Essex County, Newark
- Year built: 1985
- Corner location at Pulaski and E. Kinney
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,417
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,668,340
$1.7M
Cap Rate 7%
$1,191,671
$1.2M
Cap Rate 9%
$926,856
$926.9K
Market Conditions
NOI Build-Up for 5,436 SF
Gross rent
$159.8K $29.40/SF
− Vacancy
−$8.2K −$1.50/SF
EGI
$151.7K $27.90/SF
− OpEx
−$68.3K −$12.56/SF
NOI
$83.4K $15.35/SF
Area
ZIP 07105
Vacancy
5.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,668,340
Cap Rate 7%
$1,191,671
Cap Rate 9%
$926,856
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,417 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $136,100 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,065
Businesses Nearby
Explore this area
Business Placement
Demographics for 07105, NJ
50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - For-sale apartment building located on a corner in Essex County, Newark.
Where is this apartment building located?
The property is located at 99 Pulaski St Newark, NJ.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: For‑sale apartment building on a corner in Essex County, Newark; Year built: 1985; Corner location at Pulaski and E. Kinney
