1 Dewitt Rd Elizabeth, NJ 07208

1 Dewitt Road is a five-story multifamily asset comprising 53 units across studio, one-bedroom, two-bedroom, and three-bedroom layouts. Situated on a ±0.74-acre parcel in the Westminster neighborhood of Elizabeth. The Property provides investors with a stabilized multifamily opportunity offering durable income and operational efficiency in one of Northern New Jersey's most connected and renter-dense submarkets. The Property is strategically positioned in a high barrier to entry submarket with sustained renter demand driven by strong population density, walkable amenities, and direct connectivity to the New York metropolitan employment base. Located minutes from NJ Transit rail service, the NJ Turnpike, and Routes 1 and 9, 1 Dewitt Road provides residents with one of the most accessible living environments in Union County. With virtually no remaining land for new multifamily development in Elizabeth and a demonstrated demand for renovated, well-located rental housing, the Property offers investors a stabilized income stream today with clear upside through a clear path to revenue growth through mark-to-market rent increases.