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Parkway Lofts apartments in Newark, NJ

Updated

Parkway Lofts

5 Lawrence St, Bloomfield, NJ 07017, USA

4 (300 reviews) Official Website

Live pricing, refreshed

17
Units Listed
$2,100
Starting at
$2,890
Average
$3,850
Highest
$3.05
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Bloomfield 07017 rent trends

Beds

Pricing by Bedroom

Studio
$2,150
from $2,100 · 4 units
~516 sqft avg
1 Bed
$2,931
from $2,600 · 8 units
~1,040 sqft avg
2 Bed
$3,415
from $3,225 · 5 units
~1,149 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (1)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$949K

$11M annual run rate

Est. Occupancy

95%

of about 361 units (reported building size)

Effective Rent on New Leases

$2,760

vs $2,890 current asking ($130 negotiation gap)

Recent Lease Activity

56 units tracked; 39 assumed leased, 17 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

17

Good availability

9 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Newark, NJ

Similar

Comparing this building against 2 similar Newark, NJ apartments by price. Click any bar to view that building.

See rent trends on the Newark, NJ map Explore Newark, NJ on the interactive map

Available Units

17 units
Studio / 1 Bath S1
$2,100/mo
511 ft² · $4.11/ft² · #454
Studio / 1 Bath S1
$2,150/mo
511 ft² · $4.21/ft² · #706
Down $5 since Jul 30 (was $2,155)
Studio / 1 Bath S2
$2,175/mo
520 ft² · $4.18/ft² · #215
Down $100 since Jul 30 (was $2,275)
Studio / 1 Bath S2
$2,175/mo
520 ft² · $4.18/ft² · #716
1 Bed / 1 Bath A1Terrace
$2,600/mo
814 ft² · $3.19/ft² · #P25
1 Bed / 1 Bath A16Loft
$2,750/mo
1,017 ft² · $2.70/ft² · #636
1 Bed / 1 Bath A16Loft
$2,850/mo
1,017 ft² · $2.80/ft² · #304
1 Bed / 1 Bath A16Loft
$2,900/mo
1,017 ft² · $2.85/ft² · #305
1 Bed / 1 Bath A16Loft
$2,900/mo
1,017 ft² · $2.85/ft² · #435
Up $100 since Jul 20 (was $2,800)
1 Bed / 1 Bath A17Loft
$3,150/mo
1,145 ft² · $2.75/ft² · #337

Train activity

Loud train activity

Passenger line 404 ft away

  • Trains pass infrequently
  • Crossing 404 ft away. Horns expected during the day.
  • Operator: NJTR

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Newark, NJ notes

No resident notes for this property yet.

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