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Exterior of 172 William Street in East Orange, NJ

OneWall Partners Starts New Year with Property Acquisition in East Orange, New Jersey

One Wall Partners (OWP), the real estate investment and management firm based in Newark, NJ, recently announced the acquisition of 172 William Street in East Orange.

This multi-family acquisition adds another 17 units to OWP’s portfolio of transit-oriented housing in northern New Jersey. This is the sixth multi-family acquisition in East Orange executed by the firm, which adds two- and three-bedroom units. One Wall purchased three other properties in East Orange in 2015; 151 N. Walnut Street, 75 N. Walnut Street and 10 S. Grove Street.

The firm’s acquisition of William Street adds two- and three-bedroom units to OWP’s growing portfolio of transit-oriented housing in northern New Jersey. The property is conveniently located within blocks of I-280 and the Garden State Parkway with ample on-site parking (17 garages and 4 spaces). It is also within blocks of buses and only a 12-minute walk to the East Orange train station, illustrating OWP’s commitment to providing quality, affordable, workforce housing. In addition to NYC access, the property is only 15-25 minutes from downtown Newark via bus or train.

Founded in 2010, OWP is a vertically integrated real estate operator whose main objective is providing quality, transit-oriented workforce housing located within a half-mile of public transportation.

One Wall continues to pursue investment opportunities in the region.

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