Montclair, NJ 07042 129 Maple Avenue
$2,749,999



38 more







































Presented By: David E. Arteaga with Keller Williams Prosperity Realty - 973-696-0077
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
Don't miss this rare investment opportunity in the heart of Montclair! Fully renovated in 2024, this turnkey 7-unit mixed-use property on Maple Ave features 6 residential apartments and 1 commercial unit, currently leased to a well-established hair salon. The residential mix includes five spacious 2-bedroom units and one studio, each with its own designated parking space in a brand new, exclusive blacktop lot. The building has been completely overhauled with all-new electrical and plumbing systems, brand-new tankless water heaters for every unit, a new roof, and a renovated common area. Four of the six apartments feature brand new HVAC systems. The basement includes dedicated storage for each unit and individual washers/dryers for tenant convenience. The building is stabilized with market rents in 6 of the 7 units, with the final unit offering strong upside and easy lease-up potential in this high-demand rental market. Ideally located just blocks from Bay Street Station (with Midt
Presented By: David E. Arteaga with Keller Williams Prosperity Realty - 973-696-0077
Interior Features for 129 Maple Avenue
Other Interior Features
Heating Y/NNo
General for 129 Maple Avenue
CityMontclair
CoolingGas, Zoned
CountyESSEX
HOANo
HeatingBaseboard, Natural Gas, Hot Air, Zoned
Lease Considered Y/NNo
MLS Area Minor100
ModificationTimestamp2025-05-04T20:37:18.7+00:00
OwnershipREO
Property Sub Type AdditionalOther
Property SubtypeRetail
Property TypeCommercial Sale/Lease
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount29521.0
UtilitiesSep Elec, Sep Gas, Sep Water
Waterfront FeaturesNone
Additional Details
Price History
