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!
Under contract
$2,749,999
129 Maple Ave #., Montclair Twp., NJ 07042
--beds
0baths
5,472sqft
Est.:
Apartment
Built in 1914
-- sqft lot
$-- Zestimate®
$503/sqft
$-- HOA
What's special
- 120 days
- on Zillow |
- 137 |
- 6 |
Zillow last checked: August 19, 2025 at 11:55pm
Listing updated: July 24, 2025 at 05:53am
Listed by:
David Edwin Arteaga 973-696-0077,
Keller Williams Prosperity Realty
Source: GSMLS,MLS#: 3957991

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard - Hotwater, Forced Air, Natural Gas
Cooling
- Ductless Split AC, Window Unit(s)
Features
- Flooring: Vinyl-Linoleum, Wood
- Doors: Max Door Height: 0
- Basement: Yes,Finished,Full
Interior area
- Total structure area: 5,472
- Total interior livable area: 5,472 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Blacktop, Parking Lot-Exclusive
- Garage spaces: 8
Features
- Stories: 3
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 50 x 125
- Features: Corner Lot, Corner, Residential Area
Details
- Parcel number: 1613041060000000010000
- Zoning description: R3
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block, Formed Concrete
- Roof: Flat
Condition
- Updated/Remodeled
- Year built: 1914
- Major remodel year: 2024
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Garbage Included, Prewired for Internet
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s)
Location
- Region: Montclair
Financial & listing details
- Price per square foot: $503/sqft
- Tax assessed value: $867,500
- Annual tax amount: $29,521
- Date on market: 4/26/2025
- Inclusions: Building Only
- Ownership type: Fee Simple
- Tenant pays: Electricity, Gas, Heat, Hot Water, Sewer, Water, All Utilities
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