One Wall Partners (OWP), the real estate investment and management firm based in Newark, NJ, recently announced the acquisition of 111 Glenwood in East Orange, NJ. This property pushes OWP’s portfolio to 19 buildings and 1,123 units.
The property at 111 Glenwood contains 47 one-bedroom and 23 two-bedroom options with onsite parking. The building is in a prime location, with close access to I-280, Garden State Parkway, blocks away from NJ Transit trains and less than three miles to downtown Newark.
As the demand for transit-oriented housing grows exponentially, OWP is committed to providing commuters with affordable, high-quality housing options in highly-walkable neighborhoods, close to public transportation.
OWP’s ability to identify key commuter properties, makes them an authority on transit-oriented housing in northern New Jersey. The demand for affordable, transit-oriented housing remains strong in areas that offer reasonable commutes to New York City and Newark. OWP will continue to provide residents with housing options that give access to these locations.
The 111 Glenwood property joins OWP’s growing portfolio of 110 Washington and 116 Lenox in East Orange, 212 Central in Orange and 585 Elizabeth, 595 Elizabeth, 603 Elizabeth, 343-381 Schley, 129 Chancellor and 292 Wainwright in Newark and 378-404 and 356 Stuyvesant in Irvington.
Founded in 2010, OWP is a vertically integrated real estate operator whose primary objective is providing quality, transit-oriented workforce housing located within a half-mile of public transportation. The purchase of the building at 111 Glenwood will provide affordable housing in a walkable neighborhood.
One Wall continues to pursue investment opportunities in the region. For more information about One Wall Partners, email us at firstname.lastname@example.org.