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The Monroe

Property Description

The Monroe is a 148  midrise units in Morristown, New Jersey. Morristown is strategically located with direct access to New York City transit, walkable amenities, and major employment hubs. Acquired as a co-investment with AION Partners, at a significant discount to market comparables, the two-building, mid-rise property has provided strong upside through rent growth, operational efficiencies, and targeted capital improvements.

Property Details

Acquired Date

Year Built​

January 2021

2002

Units

148

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750 Lexington Avenue, Suite 2675, New York, NY 10022

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