Newark MLK Portfolio 7 biens | Immeuble residentiel | À vendre | 29 286 919 € | Newark, NJ

The Newark MLK Portfolio comprises seven multifamily properties totaling 224 residential units, prominently situated along Dr. Martin Luther King Jr Boulevard. Rising four to five stories, the buildings feature a diverse unit mix ranging from studios to four-bedroom layouts, positioning the portfolio to serve a broad tenant base from single professionals to larger families. This scale across multiple assets in a single corridor provides investors with both operational efficiency and market presence. Current occupancy trends and the balanced composition of unit types support consistent cash flow, while the portfolio’s size and diversity create a strong foundation for long-term value through targeted capital improvements and strategic management.
The properties benefit from exceptional transit access and proximity to major employment anchors. Newark Penn Station, located approximately nine minutes away, provides NJ Transit and Amtrak services, connecting residents to Midtown and Lower Manhattan in under 20 minutes. Newark Liberty International Airport, less than 10 minutes from the portfolio, further enhances regional and global connectivity. Surrounding institutions such as Rutgers University, Prudential Financial, PSEG, and RWJ Barnabas Health reinforce durable tenant demand by anchoring employment in education, finance, energy, and healthcare. This combination of location, mobility, and economic drivers positions the portfolio as a compelling investment opportunity within one of the most strategically connected urban markets in the New York metropolitan area.
For additional information, please visit: https://mlk.hudsonatlantic.com