Zion Towers

515 Elizabeth Avenue, Newark, NJ 07112

Property Type:

Affordable, Preservation

Number of Units:

268

Property Size:

270,000 SF

Architect(s):

Inglese Architecture + Engineering

Acquired in 2017, L+M has completed preservation work at Zion Towers in Newark’s South Ward. The work modernized 268 units, including providing each with upgrades of new kitchens and bathrooms. Additionally, common areas were updated, roof and façade repairs made, the elevators were modernized, new windows installed, and the heating and air conditioning systems overhauled. Collaborative Support Programs of New Jersey also provides supportive services and outreach for 12 one-bedroom units reserved for mental health, special needs residents.

 

 

 


News

L+M Provides Daily Meals to Newark Residents Through Food Donations

The Newark Community Street Team delivers food to Georgia King Village and Zion Tower residents.

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Our Community Comes Together for the Holidays

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L+M Development Secures $20M in Financing for Newark Housing

The refinancing will allow for substantial renovations at the Zion Towers complex, which L+M acquired in 2017.

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More Than 265 Units to be Modernized at Zion Towers

L+M Development Partners and Prudential Financial have secured financing to preserve and renovate a government-subsidized housing complex in Newark’s South Ward.

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L+M Continues Significant Preservation Work at Zion Towers

The building’s 268 apartments will be modernized with new kitchens and bathrooms, as well as updates to the common areas, roof, building façade and elevators.

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L+M Acquires Newark’s Zion Towers

Rehabilitation plans are in progress for the residential high-rise containing 268 units and a four-story parking garage.

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