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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Essex) (Details)
9 Months Ended
Sep. 30, 2025
USD ($)
property
Sep. 12, 2016
USD ($)
Sep. 30, 2015
USD ($)
Mar. 07, 2005
USD ($)
item
Sep. 30, 2025
USD ($)
property
Sep. 30, 2024
USD ($)
property
Dec. 31, 2024
USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Investments in joint venture $ 1,405,627       $ 1,405,627   $ 1,417,470
Repayment of loan   $ 5,158,000          
Refinancing costs 2,930,000       2,930,000    
Distribution to the Partnership         15,412,283 $ 9,844,390  
Mortgage Notes Payable $ 511,247,097       $ 511,247,097   $ 406,205,910
Hamilton Essex 81              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Number of units 49     48 49 49  
Number of properties in which borrowing amount collateralized | item       1      
Purchase price of real estate properties       $ 14,300,000      
Capacity of real estate property (in cars per lot) | item       50      
Refinancing costs $ 169,967       $ 169,967    
Basis of interest rate     one month        
Investment, Variable Interest Rate, Type [Extensible Enumeration]     nen:LiborMember        
Distribution to the Partnership     $ 978,193        
Mortgage Notes Payable $ 12,044,033       $ 12,044,033 $ 9,986,211  
Hamilton Essex 81 | Maximum              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Carrying value     $ 0        
Hamilton Essex Development              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Number of units | property 1       1 1  
Hamilton Essex 81              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Investments in joint venture       $ 2,000,000      
Ownership interest (as a percent)       50.00%      
Mortgages payable | Maximum              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Interest rate (as a percent) 5.99%       5.99%    
Mortgages payable | Hamilton Essex 81              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Margin over basis of interest rate (as a percent)     2.18%        
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]     nen:LiborMember        
Repayment of loan $ 10,000,000            
Cash reserves 2,210,000       $ 2,210,000    
Mortgage amount $ 12,214,000   $ 10,000,000   $ 12,214,000    
Interest rate (as a percent) 5.61%       5.61%    
Term of debt     10 years   10 years    
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]     nen:LiborMember        
Mortgage Notes Payable $ 12,214,000       $ 12,214,000    
Borrowings       $ 10,750,000      
Mortgages payable | Hamilton Essex Development, LLC and Hamilton Essex 81, LLC              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Repayment of loan     $ 8,040,719