One Wall Partners (OWP), the real estate investment and management firm based in New York, NY, recently announced the acquisition of 10 S. Grove Street in East Orange.
This multi-family acquisition adds another 25 units to OWP’s portfolio of transit-oriented housing in northern New Jersey. Earlier this year, OWP acquired buildings at 151 and 75 N. Walnut Street, also in East Orange.
The firm’s acquisition of Grove Street adds one- and two-bedroom units to OWP’s growing portfolio of transit-oriented housing in northern New Jersey. The property is conveniently located adjacent to I-280 and the Garden State Parkway with ample on-site parking. It is also around the corner from buses and only a 10-minute walk to the East Orange train station, illustrating OWP’s commitment to providing quality, affordable, workforce housing. Northern New Jersey is rapidly becoming the “6th Borough” of New York City, offering attractive commute times for people that work in Manhattan.
Founded in 2010, OWP is a vertically integrated real estate operator whose main objective is providing naturally occurring affordable housing and quality, transit-oriented workforce housing located within a half-mile of public transportation.
One Wall continues to pursue investment opportunities in the region.
For more information about One Wall Partners, email us at email@example.com.