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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Balance Sheet) (Details)
Dec. 31, 2023
USD ($)
property
Dec. 31, 2022
USD ($)
property
Dec. 31, 2021
USD ($)
property
Dec. 31, 2020
USD ($)
May 31, 2018
USD ($)
Oct. 28, 2009
item
Mar. 07, 2005
item
Mar. 02, 2005
item
Sep. 30, 2004
item
ASSETS                  
Rental Properties $ 269,804,946 $ 241,076,431              
Cash & Cash Equivalents 18,230,463 49,560,723              
Rent Receivable 953,761 655,814              
Real Estate Tax Escrows 2,229,703 1,943,680              
Prepaid Expenses & Other Assets 8,369,775 8,240,629              
Total Assets 385,730,690 391,820,280              
LIABILITIES AND PARTNERS' CAPITAL                  
Mortgage Notes Payable 408,660,292 410,966,199              
Accounts Payable & Accrued Expense 5,720,088 7,271,729              
Advance Rental Pmts & Security Deposits 9,996,887 9,032,580              
Total Liabilities 451,085,074 451,689,637              
Partners' Capital (65,354,384) (59,869,357) $ (49,292,608) $ (41,469,045)          
Total Liabilities and Partners' Capital 385,730,690 391,820,280              
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures (26,707,807) (24,419,129)              
Investment Properties                  
ASSETS                  
Rental Properties 102,406,871 107,135,557 111,783,510            
Cash & Cash Equivalents 4,678,735 7,055,942 3,391,632            
Rent Receivable 433,138 403,902 537,327            
Real Estate Tax Escrows 276,474 267,947 252,689            
Prepaid Expenses & Other Assets 3,211,400 2,988,297 2,789,752            
Total Assets 111,006,618 117,851,645 118,754,910            
LIABILITIES AND PARTNERS' CAPITAL                  
Mortgage Notes Payable 165,969,481 166,090,968 166,203,707            
Accounts Payable & Accrued Expense 1,359,083 3,047,643 1,033,689            
Advance Rental Pmts & Security Deposits 4,370,346 4,165,573 3,525,469            
Total Liabilities 171,698,910 173,304,184 170,762,865            
Partners' Capital (60,692,292) (55,452,539) (52,007,955)            
Total Liabilities and Partners' Capital 111,006,618 117,851,645 118,754,910            
Investment in Unconsolidated Joint Ventures 1,441,291 1,437,387 1,455,888            
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures (26,707,807) (24,419,129) (22,992,420)            
Total Investment in Unconsolidated Joint Ventures (Net) $ (25,266,517) $ (22,981,742) $ (21,536,532)            
Total units/ condominiums                  
Total | property 690 865 865            
Units to be retained | property 690 690 690            
Total number of units sold | property 175 175              
Investment Properties | Residential buildings                  
Total units/ condominiums                  
Total | property 687 862 862            
Investment Properties | Commercial                  
Total units/ condominiums                  
Total | property 3 3 3            
Hamilton Essex 81                  
ASSETS                  
Rental Properties $ 5,403,706 $ 5,829,640 $ 6,263,331            
Cash & Cash Equivalents 1,141,751 985,849 333,699            
Rent Receivable 208,968 202,221 232,521            
Real Estate Tax Escrows 75,475 74,423 76,651            
Prepaid Expenses & Other Assets 320,627 321,912 301,043            
Total Assets 7,150,527 7,414,045 7,207,245            
LIABILITIES AND PARTNERS' CAPITAL                  
Mortgage Notes Payable 9,975,869 9,962,080 9,948,291            
Accounts Payable & Accrued Expense 141,743 165,576 68,265            
Advance Rental Pmts & Security Deposits 337,593 310,443 180,497            
Total Liabilities 10,455,205 10,438,099 10,197,053            
Partners' Capital (3,304,678) (3,024,054) (2,989,808)            
Total Liabilities and Partners' Capital $ 7,150,527 $ 7,414,045 $ 7,207,245            
Partners' Capital %-NERA 50.00% 50.00% 50.00%            
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (1,652,340) $ (1,512,027) $ (1,494,905)            
Total units/ condominiums                  
Total 49 49 49       48    
Units to be retained | property 49 49 49            
Hamilton Essex 81 | Residential buildings                  
Total units/ condominiums                  
Total | property 48 48 48            
Hamilton Essex 81 | Commercial                  
Total units/ condominiums                  
Total | property 1 1 1            
Hamilton Essex Development                  
ASSETS                  
Rental Properties $ 2,583,190 $ 2,585,680 $ 2,588,169            
Cash & Cash Equivalents 108,348 110,907 98,674            
Rent Receivable 78,753 78,436 68,828            
Prepaid Expenses & Other Assets 44,182 53,316 62,399            
Total Assets 2,814,473 2,828,339 2,818,070            
LIABILITIES AND PARTNERS' CAPITAL                  
Accounts Payable & Accrued Expense 3,000 43,000 3,000            
Advance Rental Pmts & Security Deposits 20,660                
Total Liabilities 23,660 43,000 3,000            
Partners' Capital 2,790,813 2,785,339 2,815,070            
Total Liabilities and Partners' Capital $ 2,814,473 $ 2,828,339 $ 2,818,070            
Partners' Capital %-NERA 50.00% 50.00% 50.00%            
Investment in Unconsolidated Joint Ventures $ 1,395,406 $ 1,392,669 $ 1,407,535            
Total units/ condominiums                  
Total | property 1 1 1            
Units to be retained | property 1 1 1            
Hamilton Essex Development | Commercial                  
Total units/ condominiums                  
Total | property 1 1 1            
345 Franklin                  
ASSETS                  
Rental Properties $ 4,481,606 $ 4,810,934 $ 5,062,602            
Cash & Cash Equivalents 155,557 358,016 155,627            
Rent Receivable 117   9,905            
Real Estate Tax Escrows 29,290 27,771 29,999            
Prepaid Expenses & Other Assets 73,604 111,018 117,197            
Total Assets 4,740,174 5,307,739 5,375,330            
LIABILITIES AND PARTNERS' CAPITAL                  
Mortgage Notes Payable 8,452,812 8,676,945 8,892,331            
Accounts Payable & Accrued Expense 64,335 84,025 52,392            
Advance Rental Pmts & Security Deposits 304,499 269,326 228,803            
Total Liabilities 8,821,646 9,030,296 9,173,526            
Partners' Capital (4,081,472) (3,722,557) (3,798,196)            
Total Liabilities and Partners' Capital $ 4,740,174 $ 5,307,739 $ 5,375,330            
Partners' Capital %-NERA 50.00% 50.00% 50.00%            
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (2,040,737) $ (1,861,278) $ (1,899,098)            
Total units/ condominiums                  
Total | property 40 40 40            
Units to be retained | property 40 40 40            
345 Franklin | Residential buildings                  
Total units/ condominiums                  
Total | property 40 40 40            
Hamilton 1025                  
ASSETS                  
Rental Properties $ 75,027 $ 78,291 $ 81,555            
Cash & Cash Equivalents 16,339 29,065 11,845            
Rent Receivable 4,120 4,915 6,111            
Prepaid Expenses & Other Assets 505 493 446            
Total Assets 95,991 112,764 99,957            
LIABILITIES AND PARTNERS' CAPITAL                  
Accounts Payable & Accrued Expense 3,486 23,329 3,251            
Advance Rental Pmts & Security Deposits 735                
Total Liabilities 4,221 23,329 3,251            
Partners' Capital 91,770 89,435 96,706            
Total Liabilities and Partners' Capital $ 95,991 $ 112,764 $ 99,957            
Partners' Capital %-NERA 50.00% 50.00% 50.00%            
Investment in Unconsolidated Joint Ventures $ 45,885 $ 44,718 $ 48,353            
Total units/ condominiums                  
Total 176 176 176         176  
Units to be retained 1 1 1         (49)  
Total number of units sold | property 175 175              
Unsold units | property     175            
Hamilton 1025 | Residential buildings                  
Total units/ condominiums                  
Total | property 175 175 175            
Hamilton 1025 | Commercial                  
Total units/ condominiums                  
Total | property 1 1 1            
Hamilton Minuteman                  
ASSETS                  
Rental Properties $ 4,190,275 $ 4,467,772 $ 4,697,616            
Cash & Cash Equivalents 148,334 328,742 156,058            
Rent Receivable 2,957 2,600 6,999            
Real Estate Tax Escrows 34,998 34,842 36,451            
Prepaid Expenses & Other Assets 50,327 26,238 24,009            
Total Assets 4,426,891 4,860,194 4,921,133            
LIABILITIES AND PARTNERS' CAPITAL                  
Mortgage Notes Payable 5,936,919 5,928,736 5,920,552            
Accounts Payable & Accrued Expense 50,990 162,623 48,145            
Advance Rental Pmts & Security Deposits 173,222 171,680 159,324            
Total Liabilities 6,161,131 6,263,039 6,128,021            
Partners' Capital (1,734,240) (1,402,845) (1,206,888)            
Total Liabilities and Partners' Capital $ 4,426,891 $ 4,860,194 $ 4,921,133            
Partners' Capital %-NERA 50.00% 50.00% 50.00%            
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (867,121) $ (701,422) $ (603,445)            
Total units/ condominiums                  
Total 42 42 42           42
Units to be retained | property 42 42 42            
Hamilton Minuteman | Residential buildings                  
Total units/ condominiums                  
Total | property 42 42 42            
Hamilton on Main Apts                  
ASSETS                  
Rental Properties $ 12,493,492 $ 13,456,133 $ 14,334,539            
Cash & Cash Equivalents 1,204,116 1,377,250 565,171            
Rent Receivable 22,319 9,565 37,750            
Real Estate Tax Escrows 136,711 130,911 109,588            
Prepaid Expenses & Other Assets 227,421 186,990 181,941            
Total Assets 14,084,059 15,160,849 15,228,989            
LIABILITIES AND PARTNERS' CAPITAL                  
Mortgage Notes Payable 16,889,299 16,873,248 16,857,197            
Accounts Payable & Accrued Expense 352,780 556,239 188,012            
Advance Rental Pmts & Security Deposits 500,103 463,963 434,126            
Total Liabilities 17,742,182 17,893,450 17,479,335            
Partners' Capital (3,658,123) (2,732,601) (2,250,346)            
Total Liabilities and Partners' Capital $ 14,084,059 $ 15,160,849 $ 15,228,989            
Partners' Capital %-NERA 50.00% 50.00% 50.00%            
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (1,829,063) $ (1,366,300) $ (1,125,174)            
Total units/ condominiums                  
Total | property 148 148 148            
Units to be retained | property 148 148 148            
Hamilton on Main Apts | Residential buildings                  
Total units/ condominiums                  
Total | property 148 148 148            
Dexter Park                  
ASSETS                  
Rental Properties $ 73,179,575 $ 75,907,107 $ 78,755,698            
Cash & Cash Equivalents 1,904,290 3,866,113 2,070,558            
Rent Receivable 115,904 106,165 175,213            
Prepaid Expenses & Other Assets 2,494,734 2,288,330 2,102,717            
Total Assets 77,694,503 82,167,715 83,104,186            
LIABILITIES AND PARTNERS' CAPITAL                  
Mortgage Notes Payable 124,714,582 124,649,959 124,585,336   $ 82,000,000        
Accounts Payable & Accrued Expense 742,749 2,012,851 670,624            
Advance Rental Pmts & Security Deposits 3,033,534 2,950,161 2,522,719            
Total Liabilities 128,490,865 129,612,971 127,778,679            
Partners' Capital (50,796,362) (47,445,256) (44,674,493)            
Total Liabilities and Partners' Capital $ 77,694,503 $ 82,167,715 $ 83,104,186            
Partners' Capital %-NERA 40.00% 40.00% 40.00%            
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures $ (20,318,546) $ (18,978,102) $ (17,869,797)            
Total units/ condominiums                  
Total 409 409 409     409      
Units to be retained | property 409 409 409            
Dexter Park | Residential buildings                  
Total units/ condominiums                  
Total | property 409 409 409