URBAN EDGE PROPERTIES AND URBAN EDGE PROPERTIES LP

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

(in thousands)



		Initial cost to company			Gross amount at which carried at close of period
Description	Encumbrances	Land	Building and improvements	Costs capitalized subsequent to acquisition	Land	Building and improvements	Total⁽²⁾	Accumulated depreciation and amortization⁽¹⁾		Date of construction	Date acquired

SHOPPING CENTERS AND MALLS:
Baltimore (Towson), MD	—	581	3,227	18,603	581	21,830	22,411	(6,356	)	1968	1968
Bensalem, PA	—	2,727	6,698	2,042	2,727	8,740	11,467	(4,509	)	1972/ 1999	1972
Bergen Town Center - East, Paramus, NJ	—	6,305	—	42,336	6,305	42,336	48,641	(8,768	)	1957/ 2009	2003
Bergen Town Center - West, Paramus, NJ	300,000	15,812	82,240	385,142	35,850	447,344	483,194	(121,024	)	1957/ 2009	2003/ 2015
Bethlehem, PA	—	827	5,200	1,915	837	7,105	7,942	(5,870	)	1966	1966
Brick, NJ	50,000	1,391	11,179	13,342	1,391	24,521	25,912	(15,492	)	1968	1968
Bronx (Bruckner Boulevard), NY	—	66,100	259,503	591	61,618	264,576	326,194	(24,862	)	N/A	2007
Bronx (Shops at Bruckner), NY	11,582	—	32,979	38	—	33,017	33,017	(2,154	)	N/A	2017
Bronx (1750-1780 Gun Hill Road), NY	24,500	6,427	11,885	22,237	6,428	34,121	40,549	(9,502	)	2009	2005
Broomall, PA	—	850	2,171	1,399	850	3,570	4,420	(2,946	)	1966	1966
Buffalo (Amherst), NY	—	5,743	4,056	12,446	5,107	17,138	22,245	(8,916	)	1968	1968
Cambridge (leased through 2033)⁽³⁾, MA	—	—	—	97	—	97	97	(5	)	N/A	2007
Carlstadt (leased through 2050)⁽³⁾, NJ	—	—	16,458	133	—	16,591	16,591	(4,627	)	N/A	2007
Charleston (leased through 2063)⁽³⁾, SC	—	—	3,634	308	—	3,942	3,942	(1,123	)	N/A	2006
Cherry Hill (Cherry Hill Commons), NJ	—	5,864	2,694	1,850	4,144	6,264	10,408	(3,970	)	1964	1964
Cherry Hill (Plaza at Cherry Hill), NJ	28,930	14,602	33,666	(125)	14,602	33,541	48,143	(3,129	)	N/A	2017
Chicopee, MA	—	895	—	—	895	—	895	—		1969	1969
Commack (leased through 2021)⁽³⁾, NY	—	—	43	184	—	227	227	(243	)	N/A	2006
Dewitt (leased through 2041)⁽³⁾, NY	—	—	7,116	—	—	7,116	7,116	(2,158	)	N/A	2006
Rockaway, NJ	27,800	559	6,363	5,403	559	11,766	12,325	(6,581	)	1964	1964
East Brunswick, NJ	63,000	2,417	17,169	7,512	2,417	24,681	27,098	(18,152	)	1957/ 1972	1957/ 1972
East Hanover (200 - 240 Route 10 West), NJ	63,000	2,232	18,241	19,349	2,671	37,151	39,822	(18,719	)	1962	1962/ 1998
East Hanover (280 Route 10 West), NJ	—	—	—	7,075	—	7,075	7,075	(2,543	)	N/A	1962/ 1998
East Rutherford, NJ	23,000	—	36,727	542	—	37,269	37,269	(8,109	)	2007	2007
Freeport (240 West Sunrise Highway) (leased through 2040)⁽³⁾, NY	—	—	—	260	—	260	260	(240	)	N/A	2005
Freeport (437 East Sunrise Highway), NY	43,100	1,231	4,747	4,765	1,382	9,361	10,743	(6,558	)	1981	1981



		Initial cost to company			Gross amount at which carried at close of period
Description	Encumbrances	Land	Building and improvements	Costs capitalized subsequent to acquisition	Land	Building and improvements	Total⁽²⁾	Accumulated depreciation and amortization⁽¹⁾		Date of construction	Date acquired

Garfield, NJ	40,300	45	8,068	45,110	44	53,179	53,223	(14,338	)	2009	1998
Glen Burnie, MD	—	462	2,571	3,950	462	6,521	6,983	(3,504	)	1958	1958
Glenolden, PA	—	850	1,820	741	850	2,561	3,411	(2,295	)	1975	1975
Hackensack, NJ	66,400	692	10,219	7,145	692	17,364	18,056	(10,415	)	1963	1963
Hazlet, NJ	—	7,400	9,413	(2,135)	7,400	7,278	14,678	(2,098	)	N/A	2007
Huntington, NY	—	21,200	33,667	6,385	21,200	40,052	61,252	(10,313	)	N/A	2007
Inwood, NY	—	12,419	19,097	3,115	12,419	22,212	34,631	(7,755	)	N/A	2004
Jersey City (Hudson Commons), NJ	29,000	652	7,495	950	652	8,445	9,097	(3,584	)	1965	1965
Jersey City (Hudson Mall), NJ	24,326	15,824	37,593	(3,922)	15,824	33,671	49,495	(3,215	)	N/A	2017
Kearny, NJ	—	309	3,376	10,315	296	13,704	14,000	(4,855	)	1938	1959
Lancaster, PA	—	3,140	63	2,131	3,140	2,194	5,334	(886	)	1966	1966
Las Catalinas, Puerto Rico	130,000	15,280	64,370	15,438	15,280	79,808	95,088	(38,631	)	1996	2002
Lawnside, NJ	—	1,226	3,164	2,896	1,226	6,060	7,286	(3,857	)	1969	1969/ 2015
Lodi (Route 17 North), NJ	—	238	9,446	42	238	9,488	9,726	(4,544	)	1999	1975
Lodi (Washington Street), NJ	—	7,606	13,125	2,754	7,606	15,879	23,485	(5,292	)	N/A	2004
Manalapan, NJ	—	725	7,189	6,982	1,046	13,850	14,896	(9,912	)	1971	1971
Manchester, MO	12,500	4,409	13,756	13	4,409	13,769	18,178	(696	)	N/A	2017
Marlton, NJ	37,400	1,611	3,464	14,140	1,454	17,761	19,215	(11,151	)	1973	1973
Middletown, NJ	31,400	283	5,248	3,147	283	8,395	8,678	(6,722	)	1963	1963
Milford (leased through July 2019)⁽³⁾, MA	—	—	—	—	—	—	—	—		N/A	1976
Millburn, NJ	24,000	15,783	25,837	(911)	15,783	24,926	40,709	(2,096	)	N/A	2017
Montclair, NJ	—	66	419	1,439	448	1,476	1,924	(743	)	1972	1972
Montehiedra, Puerto Rico	114,860	9,182	66,751	27,829	9,267	94,495	103,762	(42,620	)	1996/ 2015	1997
Morris Plains, NJ	—	1,104	6,411	5,576	1,104	11,987	13,091	(7,181	)	1961	1985
Mount Kisco, NY	13,987	22,700	26,700	1,840	22,614	28,626	51,240	(7,371	)	N/A	2007
New Hyde Park (leased through 2029)⁽³⁾, NY	—	—	4	—	—	4	4	(4	)	1970	1976
Newington, CT	—	2,421	1,200	2,052	2,421	3,252	5,673	(1,401	)	1965	1965
Norfolk (leased through 2069)⁽³⁾, VA	—	—	3,927	15	—	3,942	3,942	(3,686	)	N/A	2005
North Bergen (Kennedy Boulevard), NJ	—	2,308	636	261	2,308	897	3,205	(575	)	1993	1959
North Bergen (Tonnelle Avenue), NJ	100,000	24,493	—	73,062	33,988	63,567	97,555	(16,298	)	2009	2006
North Plainfield, NJ	25,100	6,577	13,983	693	6,577	14,676	21,253	(4,056	)	1955	1989
Oceanside, NY	—	2,710	2,306	—	2,710	2,306	5,016	(668	)	N/A	2007
Paramus (leased through 2033)⁽³⁾, NJ	—	—	—	12,569	—	12,569	12,569	(4,310	)	1957/ 2009	2003
Queens, NY	—	14,537	12,304	3,744	14,537	16,048	30,585	(1,258	)	N/A	2015
Rochester (Henrietta) (leased through 2056)⁽³⁾, NY	—	—	2,647	1,293	—	3,940	3,940	(3,604	)	1971	1971
Rochester, NY	—	2,172	—	—	2,172	—	2,172	—		1966	1966



		Initial cost to company			Gross amount at which carried at close of period
Description	Encumbrances	Land	Building and improvements	Costs capitalized subsequent to acquisition	Land	Building and improvements	Total⁽²⁾	Accumulated depreciation and amortization⁽¹⁾		Date of construction	Date acquired

Rockville, MD	—	3,470	20,599	2,736	3,470	23,335	26,805	(8,084	)	N/A	2005
Salem (leased through 2102)⁽³⁾, NH	—	6,083	—	(3,084)	2,994	5	2,999	—		N/A	2006
Signal Hill, CA	—	9,652	2,940	1	9,652	2,941	12,593	(901	)	N/A	2006
South Plainfield (leased through 2039)⁽³⁾, NJ	—	—	10,044	2,240	—	12,284	12,284	(3,659	)	N/A	2007
Springfield, MA	—	—	—	80	—	80	80	(80	)	N/A	2005
Springfield (leased through 2025)⁽³⁾, PA	—	2,797	2,471	1,244	2,797	3,715	6,512	(1,353	)	1993	1966
Staten Island, NY	—	11,446	21,262	4,378	11,446	25,640	37,086	(9,424	)	N/A	2004
Totowa, NJ	50,800	120	11,994	4,910	92	16,932	17,024	(14,008	)	1957/ 1999	1957
Turnersville, NJ	—	900	1,342	3,056	900	4,398	5,298	(2,341	)	1974	1974
Tyson’s Corner (leased through 2035)⁽³⁾, VA	—	—	—	—	—	—	—	—		N/A	2006
Union (2445 Springfield Avenue), NJ	45,600	19,700	45,090	—	19,700	45,090	64,790	(13,057	)	N/A	2007
Union (Route 22 and Morris Avenue), NJ	—	3,025	7,470	2,780	3,025	10,250	13,275	(6,041	)	1962	1962
Vallejo (leased through 2043)⁽³⁾, CA	—	—	2,945	221	—	3,166	3,166	(1,073	)	N/A	2006
Walnut Creek (1149 South Main Street), CA	—	2,699	19,930	(1,000)	2,699	18,930	21,629	(1,552	)	N/A	2006
Walnut Creek (Mt. Diablo), CA	—	5,909	—	1,540	5,908	1,541	7,449	(262	)	N/A	2007
Watchung, NJ	27,000	4,178	5,463	2,939	4,441	8,139	12,580	(5,715	)	1994	1959
West Babylon, NY	—	6,720	13,786	(4,160)	6,720	9,626	16,346	(8	)	N/A	2007
Westfield, NJ	4,730	5,728	4,305	(211)	5,728	4,094	9,822	(255	)	N/A	2017
Wheaton (leased through 2060)⁽³⁾, MD	—	—	5,367	—	—	5,367	5,367	(1,644	)	N/A	2006
Wilkes-Barre (461 - 499 Mundy Street), PA	—	6,053	26,646	1,932	6,053	28,578	34,631	(8,140	)	N/A	2007
Woodbridge (Woodbridge Commons), NJ	22,100	1,509	2,675	4,997	1,539	7,642	9,181	(3,094	)	1959	1959
Woodbridge (Plaza at Woodbridge), NJ	55,340	21,547	75,017	(2,753)	17,280	76,531	93,811	(4,885	)	N/A	2017
Wyomissing (leased through 2065)⁽³⁾, PA	—	—	2,646	1,961	—	4,607	4,607	(3,887	)	N/A	2005
Yonkers, NY	31,704	63,341	110,635	15,010	63,461	125,525	188,986	(6,580	)	N/A	2017
York, PA	—	409	2,568	2,504	409	5,072	5,481	(3,482	)	1970	1970

WAREHOUSES:
East Hanover, NJ	40,700	576	7,752	30,832	691	38,469	39,160	(18,352	)	1972	1972

TOTAL UE PROPERTIES	1,562,159	508,849	1,385,212	868,256	525,819	2,236,498	2,762,317	(644,367	)



			Initial cost to company						Gross amount at which carried at close of period
Description	Encumbrances		Land		Building and improvements		Costs capitalized subsequent to acquisition		Land		Building and improvements		Total⁽²⁾		Accumulated depreciation and amortization⁽¹⁾			Date of construction	Date acquired

Leasehold Improvements, Equipment and Other	—		—		—		6,675		—		6,675		6,675		(1,505		)

TOTAL	$	1,562,159	$	508,849	$	1,385,212	$	874,931	$	525,819	$	2,243,173	$	2,768,992	$	(645,872	)


⁽¹⁾	Depreciation of the buildings and improvements are calculated over lives ranging from the life of the lease to forty years.


⁽²⁾	Adjusted tax basis for federal income tax purposes was $1.5 billion as of December 31, 2018.


⁽³⁾	The Company is a lessee under a ground or building lease. The building will revert to the lessor upon lease expiration.