162 S. Orange Ave., Newark, NJ

This five-story, ground-up development delivers 24 residential units in Newark’s University Heights, a high-demand submarket anchored by major medical and academic institutions. With 17 ground-floor garage parking spaces, an elevator, and a prime location directly across from The University Hospital, the property attracts a steady tenant base of medical professionals, and university staff—supporting strong occupancy and stable long-term returns.