One Wall Partners (OWP), the real estate investment and management firm based in Newark, NJ, announces the acquisition of 151 N. Walnut St. in East Orange. The addition of 151 N. Walnut adds 32 units to OWP’s expanding portfolio of workforce-oriented housing in northern New Jersey.
OWP’s new property contains six studio and 26 one-bedroom units. The building is walk up and provides on-site parking and laundry. The North Walnut property has a walk score of 80, making errands easy to accomplish on foot; it’s also a 10-minute walk to the East Orange New Jersey Transit train station. This property provides residents with a convenient housing location and illustrates OWP’s commitment to providing affordable, high-quality workforce housing.
The acquisition of 151 N. Walnut joins 207 S. Harrison, 41 Main St. and 38 S. Walnut in OWP’s growing portfolio of workforce housing in northern New Jersey.
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. The purchase of 151 N. Walnut will provide affordable and convenient housing in northern New Jersey.
One Wall continues to pursue investment opportunities in the region.
For more information about One Wall Partners, email us at info@onewallpartners.com.
