Montclair, NJ 07042,129 Maple AVE
Montclair, NJ 07042,129 Maple AVE
Montclair, NJ 07042,129 Maple AVE
43
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$2,749,999
$2,749,999
Est. payment /mo
Sold on 09/30/2025

129 Maple AVE Montclair, NJ 07042

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Jonathan Greene
Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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Key Details

Sold Price $2,749,999

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 25013013

Style Retail

Property Sub-Type Retail

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

Interior

Heating Baseboard, Gas, Hot Air, Multi-Zone


New Jersey MLS (NJMLS)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

Name
Phone*
Message

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129 Maple AVE