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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Essex) (Details)
6 Months Ended
Sep. 12, 2016
USD ($)
Sep. 30, 2015
USD ($)
Mar. 07, 2005
USD ($)
item
Jun. 30, 2025
USD ($)
item
property
Jun. 30, 2024
USD ($)
property
Dec. 31, 2024
USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture       $ 1,408,780   $ 1,417,470
Number of properties in which borrowing amount collateralized | item       2    
Repayment of loan $ 5,158,000          
Distribution to the Partnership       $ 13,999,902 $ 8,443,134  
Mortgage Notes Payable       $ 511,175,005   $ 406,205,910
Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units     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      
Basis of interest rate   one month        
Investment, Variable Interest Rate, Type [Extensible Enumeration]   nen:LiborMember        
Distribution to the Partnership   $ 978,193        
Mortgage Notes Payable       $ 9,996,553 $ 9,982,764  
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  
Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture     $ 2,000,000      
Ownership interest (as a percent)     50.00%      
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        
Mortgage amount   $ 10,000,000        
Term of debt   10 years        
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]   nen:LiborMember        
Mortgage Notes Payable       $ 10,000,000    
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