Robert Towers

Value-Add Opportunity

• 206 Units
• 14% Upside
• 87 vacant units
• 70% units went through a basic renovation in the last 10 years
• Auctions Dates: October 19th – October 21st
• Starting Bid: $5,000,00

Building Highlights

• 116 Parking Spots
• 12 Stories
• Strong Unit Mix of Studios, 1’s , 2’s, and 3 beds
• 4 three bed duplex units over 1,000 square on the top floor
• Laundry Onsite with potential for higher income
• Elevator Repaired in 2025
• Roof Repaired within the Last 10 Years
• Separately Metered
• Tenants pay for Electric & Cooking Gas
• Landlord pays for Heat, Hot Water, Water/Sewer, and Common Area Electric
• Prime Location in East Orange, NJ

Convenient Transportation

• The building is approximately a 13-minute walk to the East Orange Train Station, which provides a 28-minute train ride directly to midtown Manhattan.