Construction Cost Estimates for Apartment, 4-7 Story in Newark, New Jersey

The following analysis estimates the cost to build an apartment, 4-7 story for Newark, New Jersey. Costs are derived from a building model that assumes basic components, using union labor for a 60000 square foot building.

Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build an apartment, 4-7 story in a different city or metropolitan area, go to our index of apartment, 4-7 story models by state.

NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on RSMeans Online - our online cost estimating tool.

Apartment, 4-7 Story Construction Cost Assumptions
Location: Newark, New Jersey
Stories: 6
Story Height (L.F.): 10.33
Floor Area (S.F.): 60000
Basement Included: No
Data Release: Year 2013

Apartment, 4-7 Story Square Foot Cost Assuming Decorative Concrete Block / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total $141.59 $8,495,200
Contractor Fees (GC,Overhead,Profit) 25% $35.40 $2,123,800
Architectural Fees 7% $12.39 $743,300
Total Building Cost $189.37 $11,362,300
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total $129.44 $7,766,300
Contractor Fees (GC,Overhead,Profit) 25% $32.36 $1,941,600
Architectural Fees 7% $11.33 $679,500
Total Building Cost $173.12 $10,387,400

Apartment, 4-7 Story Square Foot Cost Assuming Decorative Concrete Block / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Apartment, 4-7 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Apartment, 4-7 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Apartment, 4-7 Story Square Foot Cost Assuming Precast Concrete Panels / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Apartment, 4-7 Story Square Foot Cost Assuming Precast Concrete Panels / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
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