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
Commercial
$29,521 Annual Tax
MLS/Listing ID 25013013
Heating - Gas
Heating - Baseboard
Listing Courtesy of KELLER WILLIAMS PROSPERITY REALTY, DAVID ARTEAGA - 862-621-5890
Source of Data: NEW JERSEY MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Douglas Elliman of NJ are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 04/29/2025.
Source: New Jersey Multiple Listing Service, Inc.
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