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Under contract
  • $2,749,999

    129 Maple Ave #., Montclair Twp., NJ 07042

    --beds
    0baths
    5,472sqft
    : 
    Apartment
    Built in 1914
    -- sqft lot
    $-- Zestimate®
    $503/sqft
    $-- HOA

    What's special

    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!
    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#: 3957991MLS Logo
    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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