East Belle Portfolio East Orange and Belleville, NJ

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The Offering

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East Orange and Belleville, NJ

As an exclusive agent, Cushman & Wakefield is pleased to offer 100% fee interest in East Belle Portfolio.

Situated between East Orange & Belleville in Essex County, the East Belle Portfolio represents an opportunity to acquire four buildings comprised of 366 units, three of which are new construction with tax abatement programs. The buildings all feature modern construction with contemporary highly sought-after features such as large unit sizes, premium quality finishes, and thoughtful building amenities. Essex County is rapidly emerging as a premier live-work-play community in Northern New Jersey, offering an abundance of dining, shopping, and outdoor recreational options.

As a portfolio this offering represents an opportunity to acquire four superior assets within a convenient 7-mile radius for management efficiency. The unparalleled demographics, strong demand and superior product mix make this portfolio extremely attractive to investors for its solid cash flow and growth potential. The mix of three brand new construction buildings and one property renovated in 2016 offers both low maintenance reliable income and a value-add component as well.

To receive access to the online download center, please execute the confidentiality agreement. Tours can be scheduled upon request. A call for offers will be announced at a later date.  


Investment Highlights

• Highly desirable apartment with modern open-concept floor plans and contemporary finishes

• Tax abatements creates significant savings and allows for tax certainty

• Easy access to public transportation, Interstate 280, Garden State Parkway, and Route 21

• Strong demand drivers due to nearby education, medical, and entertainment facilities

• Essex County is experiencing significant growth, driven by its proximity to New York City

Location Map

Sales Inquiries

 
NIKO NICOLAOU
Vice Chairman
+ 1 201 426 2227
niko.nicolaou@cushwake.com

RYAN W. DOWD
Managing Director
+ 1 201 508 5278
ryan.dowd@cushwake.com

ANDY SCHWARTZ
Managing Director
+ 1 973 292 4624
andrew.schwartz@cushwake.com

JORDAN SOBEL
Director
+ 1 973 292 4633
jordan.sobel@cushwake.com

DAVID JARVIS
Executive Managing Director
+ 1 201 508 5240
david.m.jarvis@cushwake.com

DAVID OROPEZA
Executive Managing Director
+ 1 201 460 3343
david.oropeza@cushwake.com

MICHAEL GUERRA
Senior Financial Analyst
+ 1 201 460 3374
michael.guerra@cushwake.com

JP HOHL
Senior Financial Analyst
+ 1 201 426 2225
jeanpierre.hohl@cushwake.com

PETER WELCH
Financial Analyst
+ 1 201 508 5267
peter.welch@cushwake.com

DAN BOTTIGLIERI
Associate
+ 1 973 292 4639
daniel.bottiglieri@cushwake.com