129 Maple Ave, Montclair Twp., NJ, 07042

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$2,749,999
6 Days On Site

129 Maple Ave
Montclair Twp., NJ 07042

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
5,472
SqFt
$503
/SqFt
1914
Built
County:
Essex

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129 Maple Ave129 Maple Ave129 Maple Ave129 Maple Ave
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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!

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Listing Snapshot
Price 
$2,749,999
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,472 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1914
MLS® Number 
3957991
Status 
Active
Property Tax 
$29,521
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
6 days agoListing first seen on site
General Features
Acres 
0.14
Number Of Stories 
3
Parking Spaces 
8
Property Sub Type 
Mixed Use
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
5472
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
R3
Interior Features
Basement 
FinishedFull
Cooling 
Window Unit(s)Ductless
Flooring 
VinylWood
Heating 
BaseboardForced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner Lot
Listing courtesy of KELLER WILLIAMS PROSPERITY REALTY 8626215890

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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