275 South Harrison
Spaxel acquired City Center-South Harrison Portfolio, a package of seven multifamily properties in the city of East Orange, N.J. Situated within two miles of one another near Brick Church Station, this well-located portfolio features a diverse mix of layouts with untapped value-add investment potential – all at the crossroads of the East Essex Region / North Jersey Metro, just 13 miles from New York City.
Additionally, this property is situated within short walking distance to Monte Irvin Orange Park where residents can enjoy a lush, green environment for sports, leisure or daily pet activities.
Spaxel is implementing a comprehensive base building and unit upgrade program to improve the quality of living for residents while maintaining affordability. With newly renovated kitchen appliances, bathroom amenities and bedroom areas, this portfolio will combine historically beautiful architecture and design with modern interior amenities.
Thanks to its desirable location at the intersection of the Garden State Parkway and I-280, the City Center South Harrison Portfolio offers a unique opportunity to improve quality and drive asset appreciation.