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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Balance Sheet) (Details)
Jun. 30, 2025
USD ($)
property
Dec. 31, 2024
USD ($)
Jun. 30, 2024
USD ($)
property
Dec. 31, 2023
USD ($)
May 31, 2018
USD ($)
Oct. 28, 2009
item
Mar. 07, 2005
item
Mar. 02, 2005
item
ASSETS                
Rental Properties $ 456,339,814 $ 278,516,649            
Cash & Cash Equivalents 16,677,504 17,615,940            
Rent Receivable 1,295,709 1,220,761            
Real Estate Tax Escrow 2,534,266 2,598,073            
Prepaid Expenses & Other Assets 13,516,193 8,553,360            
Total Assets 494,775,576 393,508,658            
LIABILITIES AND PARTNERS' CAPITAL                
Mortgage Notes Payable 511,175,005 406,205,910            
Accounts Payable & Accrued Expense 9,640,987 9,004,962            
Advance Rental Pmts & Security Deposits 12,419,915 10,199,807            
Total Liabilities 563,748,914 455,942,560            
Partners' Capital (68,973,338) (62,433,902) $ (66,987,763) $ (65,354,385)        
Total Liabilities and Partners' Capital 494,775,576 393,508,658            
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures (30,513,007) $ (30,531,881)            
Investment Properties                
ASSETS                
Rental Properties 98,359,173   101,051,070          
Cash & Cash Equivalents 7,789,616   3,878,642          
Rent Receivable 467,518   446,111          
Real Estate Tax Escrow 144,223   334,200          
Prepaid Expenses & Other Assets 3,692,422   4,351,960          
Total Assets 110,452,952   110,061,983          
LIABILITIES AND PARTNERS' CAPITAL                
Mortgage Notes Payable 172,223,009   165,905,350          
Accounts Payable & Accrued Expense 1,442,918   1,195,814          
Advance Rental Pmts & Security Deposits 5,346,339   5,519,946          
Total Liabilities 179,012,266   172,621,110          
Partners' Capital (68,559,314)   (62,559,127)          
Total Liabilities and Partners' Capital 110,452,952   110,061,983          
Investment in Unconsolidated Joint Ventures 1,408,780   1,413,318          
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures (30,513,007)   (27,439,764)          
Total Investment in Unconsolidated Joint Ventures (Net) $ (29,104,227)   $ (26,026,446)          
Total units/ condominiums                
Total | property 690   690          
Investment Properties | Apartments                
Total units/ condominiums                
Total | property 687   687          
Investment Properties | Commercial                
Total units/ condominiums                
Total | property 3   3          
Hamilton Essex 81                
ASSETS                
Rental Properties $ 5,065,184   $ 5,246,865          
Cash & Cash Equivalents 1,364,311   1,141,309          
Rent Receivable 197,025   197,191          
Real Estate Tax Escrow 68,876   81,453          
Prepaid Expenses & Other Assets 306,479   351,532          
Total Assets 7,001,875   7,018,350          
LIABILITIES AND PARTNERS' CAPITAL                
Mortgage Notes Payable 9,996,553   9,982,764          
Accounts Payable & Accrued Expense 282,111   136,741          
Advance Rental Pmts & Security Deposits 369,428   374,170          
Total Liabilities 10,648,092   10,493,675          
Partners' Capital (3,646,217)   (3,475,325)          
Total Liabilities and Partners' Capital $ 7,001,875   $ 7,018,350          
Partners' Capital %-NERA 50.00%   50.00%          
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (1,823,109)   $ (1,737,662)          
Total units/ condominiums                
Total 49   49       48  
Hamilton Essex 81 | Apartments                
Total units/ condominiums                
Total | property 48   48          
Hamilton Essex 81 | Commercial                
Total units/ condominiums                
Total | property 1   1          
Hamilton Essex Development                
ASSETS                
Rental Properties $ 2,579,456   $ 2,581,946          
Cash & Cash Equivalents 67,004   38,045          
Rent Receivable 65,560   75,733          
Prepaid Expenses & Other Assets 29,207   41,042          
Total Assets 2,741,227   2,736,766          
LIABILITIES AND PARTNERS' CAPITAL                
Accounts Payable & Accrued Expense 6,311   2,000          
Total Liabilities 6,311   2,000          
Partners' Capital 2,734,916   2,734,766          
Total Liabilities and Partners' Capital $ 2,741,227   $ 2,736,766          
Partners' Capital %-NERA 50.00%   50.00%          
Investment in Unconsolidated Joint Ventures $ 1,367,458   $ 1,367,383          
Total units/ condominiums                
Total | property 1   1          
Hamilton Essex Development | Commercial                
Total units/ condominiums                
Total | property 1   1          
345 Franklin                
ASSETS                
Rental Properties $ 4,010,711   $ 4,308,810          
Cash & Cash Equivalents 65,073   160,348          
Rent Receivable 15,696   1,293          
Real Estate Tax Escrow 43,268   31,596          
Prepaid Expenses & Other Assets 61,802   110,132          
Total Assets 4,196,550   4,612,179          
LIABILITIES AND PARTNERS' CAPITAL                
Mortgage Notes Payable 8,099,455   8,337,358          
Accounts Payable & Accrued Expense 64,117   70,945          
Advance Rental Pmts & Security Deposits 258,189   307,229          
Total Liabilities 8,421,761   8,715,532          
Partners' Capital (4,225,211)   (4,103,353)          
Total Liabilities and Partners' Capital $ 4,196,550   $ 4,612,179          
Partners' Capital %-NERA 50.00%   50.00%          
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (2,112,606)   $ (2,051,676)          
Total units/ condominiums                
Total | property 40   40          
345 Franklin | Apartments                
Total units/ condominiums                
Total | property 40   40          
Hamilton 1025                
ASSETS                
Rental Properties $ 70,131   $ 73,395          
Cash & Cash Equivalents 14,483   17,673          
Rent Receivable     3,309          
Prepaid Expenses & Other Assets 7   1,038          
Total Assets 84,621   95,415          
LIABILITIES AND PARTNERS' CAPITAL                
Accounts Payable & Accrued Expense 1,977   3,545          
Total Liabilities 1,977   3,545          
Partners' Capital 82,644   91,870          
Total Liabilities and Partners' Capital $ 84,621   $ 95,415          
Partners' Capital %-NERA 50.00%   50.00%          
Investment in Unconsolidated Joint Ventures $ 41,322   $ 45,935          
Total units/ condominiums                
Total 1   1         176
Units to be retained | item               49
Hamilton 1025 | Apartments                
Total units/ condominiums                
Total | property     0          
Hamilton 1025 | Commercial                
Total units/ condominiums                
Total | property 1   1          
Hamilton Minuteman Apts                
ASSETS                
Rental Properties $ 3,847,684   $ 4,054,581          
Cash & Cash Equivalents 479,150   123,723          
Rent Receivable 3,888   2,211          
Real Estate Tax Escrow 32,079   29,661          
Prepaid Expenses & Other Assets 54,603   71,628          
Total Assets 4,417,404   4,281,804          
LIABILITIES AND PARTNERS' CAPITAL                
Mortgage Notes Payable 5,949,194   5,941,010          
Accounts Payable & Accrued Expense 55,030   68,813          
Advance Rental Pmts & Security Deposits 179,124   176,456          
Total Liabilities 6,183,348   6,186,279          
Partners' Capital (1,765,944)   (1,904,475)          
Total Liabilities and Partners' Capital $ 4,417,404   $ 4,281,804          
Partners' Capital %-NERA 50.00%   50.00%          
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (882,972)   $ (952,238)          
Total units/ condominiums                
Total | property 42   42          
Hamilton Minuteman Apts | Apartments                
Total units/ condominiums                
Total | property 42   42          
Hamilton on Main Apts                
ASSETS                
Rental Properties $ 13,180,990   $ 12,884,525          
Cash & Cash Equivalents 588,855   795,809          
Rent Receivable 36,070   19,042          
Real Estate Tax Escrow     191,490          
Prepaid Expenses & Other Assets 299,310   363,109          
Total Assets 14,105,225   14,253,975          
LIABILITIES AND PARTNERS' CAPITAL                
Mortgage Notes Payable 23,366,292   16,897,325          
Accounts Payable & Accrued Expense 240,187   190,892          
Advance Rental Pmts & Security Deposits 483,952   537,218          
Total Liabilities 24,090,431   17,625,435          
Partners' Capital (9,985,206)   (3,371,460)          
Total Liabilities and Partners' Capital $ 14,105,225   $ 14,253,975          
Partners' Capital %-NERA 50.00%   50.00%          
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (4,992,603)   $ (1,685,730)          
Total units/ condominiums                
Total | property 148   148          
Hamilton on Main Apts | Apartments                
Total units/ condominiums                
Total | property 148   148          
Dexter Park                
ASSETS                
Rental Properties $ 69,605,017   $ 71,900,948          
Cash & Cash Equivalents 5,210,740   1,601,735          
Rent Receivable 149,279   147,332          
Prepaid Expenses & Other Assets 2,941,014   3,413,479          
Total Assets 77,906,050   77,063,494          
LIABILITIES AND PARTNERS' CAPITAL                
Mortgage Notes Payable 124,811,515   124,746,893   $ 82,000,000      
Accounts Payable & Accrued Expense 793,185   722,878          
Advance Rental Pmts & Security Deposits 4,055,646   4,124,873          
Total Liabilities 129,660,346   129,594,644          
Partners' Capital (51,754,296)   (52,531,150)          
Total Liabilities and Partners' Capital $ 77,906,050   $ 77,063,494          
Partners' Capital %-NERA 40.00%   40.00%          
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (20,701,718)   $ (21,012,460)          
Total units/ condominiums                
Total 409   409     409    
Dexter Park | Apartments                
Total units/ condominiums                
Total | property 409   409