Company: NEN
Filing Date: 2025-09-12
Form Type: 8-K/A
Source: 0001104659-25-089533
Chunk: 2

Company: NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
Filing Date: 2025-09-12
Form: 8-K/A
Chunk 2
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 Hill Estates et al would result in an
approximately $21,000,000 reduction in the pro forma taxable income of NERA for the most recent available year ended December 31, 2024,
or $179.45 per unit or $5.98 per receipt.

D. NERA PRO FORMA CASH AVAILABLE BY OPERATIONS

The pro forma acquisition of Hill Estates et al would result in a decrease
in pro forma cash available by operations of approximately $3,000,000 or $25.63 per unit or $0.85 per receipt.

<div align='center'>SIGNATURES</div>

Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.

|                           | NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP |                                           |
|                           | -Registrant                                       |                                           |
|                           | By:                                               | NEWREAL, INC., ITS GENERAL PARTNER        |
|                           |                                                   | (Functional Equivalent of Chief Executive |
|                           |                                                   | Officer and Principal Financial Officer)  |
| Dated  September 12, 2025 | By:                                               | /s/ RONALD BROWN                          |
|                           |                                                   | Ronald Brown, President                   |