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Table of Contents ( Mark One ) ☑ ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-31568 New England Realty Associates Limited Partnership Massachusetts ( State or other jurisdiction of incorporation or organization ) ( Exact name of registrant as specified in its charter ) 39 Brighton Avenue , Allston , Massachusetts ( Address of principal executive offices ) Registrant's telephone number , including area code : ( 617 ) 783-0039 Securities registered pursuant to Section 12 ( b ) of the Act : Depositary Receipts ( Title of each Class ) Securities registered pursuant to Section 12 ( g ) of the Act : Class A Limited Partnership Units ( Title of class ) 04-2619298 ( I.R.S. employer identification no . ) 02134 ( Zip Code ) NYSE MKT ( Name of each Exchange on which Registered ) Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes ☐ No ☑ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Exchange Act . Yes ☐ No ☑ Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes ☑ No ☐ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S - K is not contained herein , and will not be contained , to the best of the registrant's knowledge , in definitive proxy or information statements incorporated by reference in Part III of this Form 10 - K or any amendments to this Form 10 - K ☑ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large Accelerated Filer Accelerated Filer ☑ Non - accelerated Filer Smaller reporting company ☐ Emerging growth company ☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes ☐ No × At June 30 , 2020 , the aggregate market value of the registrant's securities held by non - affiliates of the registrant was $ 107,198,436 based on the closing price of the registrant's traded securities on the NYSE MKT Exchange on such date . For this computation , the Registrant has excluded the market value of all Depositary Receipts reported as beneficially owned by executive officers and directors of the General Partner of the Registrant ; such exclusion shall not be deemed to constitute an admission that any such person is an affiliate of the Registrant . Class A Title of each class : NEN Trading Symbol Name of each exchange on which registered : NYSE MKT Exchange As of March 2 , 2021 , there were 97,405 of the registrant's Class A units ( 2,922,151 Depositary Receipts ) of limited partnership issued and outstanding and 23,134 Class B units issued and outstanding . DOCUMENTS INCORPORATED BY REFERENCE : None .