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Northern New Jersey luxury apartment complex sells for $131 million

SYM Investments acquires historic 334-unit Edison Lofts in West Orange
Edison Lofts in West Orange, New Jersey, includes a conversion of the historic Thomas Edison Battery Building. (CoStar)
Edison Lofts in West Orange, New Jersey, includes a conversion of the historic Thomas Edison Battery Building. (CoStar)
By Rachel Whaley with
CoStar Research
August 19, 2026 | 9:15 P.M.

SYM Investments bought Edison Lofts, a 334-unit luxury multifamily complex at 33 Ashland Ave. in West Orange, New Jersey, from Prism Capital Partners and its capital partners for $131 million, or $392,216 per unit.

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