Montclair Twp., NJ 07042,129 Maple Ave
Montclair Twp., NJ 07042,129 Maple Ave
Montclair Twp., NJ 07042,129 Maple Ave
Montclair Twp., NJ 07042,129 Maple Ave
Montclair Twp., NJ 07042,129 Maple Ave
Montclair Twp., NJ 07042,129 Maple Ave
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$ 2,749,999
Est. payment | /mo

5,472 SqFt


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$ 2,749,999
Est. payment | /mo
Save

5,472 SqFt

OPEN HOUSE

Sat Apr 26, 1:00pm - 3:00pm

Sun Apr 27, 2:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 5,472 sqft

Price per Sqft $502

MLS Listing ID 3957991

Year Built 1914

Annual Tax Amount $29,521

Tax Year 2024

Lot Size 6,098 Sqft

Property Sub-Type Mixed Use

Property Description

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 Midtown Direct service) and the newly re-developed Glenfield Park, this is a prime, income-generating asset in one of Montclair's most sought-after neighborhoods!

Location

State NJ

County Essex

Zoning R3

Rooms

Basement Finished, Full

Interior

Heating Gas-Natural

Cooling Ductless Split AC, Window A/C(s)

Flooring Vinyl-Linoleum, Wood

Equipment Fire Alarm, Smoke Detector, Storage Area(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Garage Spaces 8.0

Utilities Available Gas-Natural

Roof Type Flat

Building

Lot Description Corner

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS PROSPERITY REALTY
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Making real estate simple, fun and easy for you!

+1(973) 354-5000

bhalick@njhomesmart.com

1599 Hamburg Turnpike, Wayne, NJ, 07470

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129 Maple Ave