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Montclair, NJ Apartment Buildings for Sale

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Mixed-Use Property with Restaurant Lease
Updated: Mar 24
Mixed-Use Property with Restaurant Lease

571 Bloomfield Ave, Montclair, NJ 07042

$3,000,000
10,000 sqft
Restaurant has a long‑term lease (10 years with two 5‑year options).
Commercial lease includes annual 3% rent increases.
Six apartments provide rental income.
Apartments rent easily due to the location.
Restaurant lease is in its second year.
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Mixed-Use Property with Restaurant
Updated: Feb 8
Mixed-Use Property with Restaurant

571 BLOOMFIELD AVE Unit ALL, Montclair, NJ 07042

$3,500,000
10,000 sqft
10,000‑square‑foot mixed‑use property built in 1928
Restaurant lease has a 10‑year term, two five‑year options, and 3% annual increases
Six apartments included in the property
50 on‑site parking spaces
Two 25X101 IRR lots
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Multifamily Residence in Prime Location
Multifamily Residence in Prime Location

163 Park St, Montclair, NJ 07042

$1,600,000
4,945 sqft 0.80 AC lot

Spacious multifamily property near Watchung Plaza and NYC train.

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Six-Unit Multifamily Property
Six-Unit Multifamily Property

44 Gates Ave, Montclair, NJ 07042

$1,990,000

Six-unit residential income building with four garage bays and on-site laundry hook ups.

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20-Unit Apartment Portfolio
20-Unit Apartment Portfolio

22 High St, Montclair, NJ 07042

Contact for pricing

Four nearby buildings offer studio, one-bedroom, and two-bedroom apartment layouts.

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11-Unit Apartment Building
11-Unit Apartment Building

179 Walnut St, Montclair, NJ 07042

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Rooming house designation and rent-control status shape the property's operating framework.

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Two-Building Multifamily Property
Two-Building Multifamily Property

103-105 Pine Street, MontC, Montclair, NJ 07042

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Two buildings totaling 11 units in a 1925 multifamily asset with one-, two-, and four-bedroom layouts.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 7 Active listings in Montclair, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Licensed Rooming House
Licensed Rooming House

49 Fremont St, Bloomfield, NJ 07003

Contact for pricing
3,992 sqft 0.20 AC lot

The grandfathered operation includes 18 rooms and 5.5 bathrooms.

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East Orange Multifamily Investment Opportunity
East Orange Multifamily Investment Opportunity

214 Glenwood Avenue, East Orange, NJ 07017

Contact for pricing
70,520 sqft

45-unit apartment building near transit and employment centers.

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Mixed-Use Apartment Building Site
Mixed-Use Apartment Building Site

444 Main St, East Orange, NJ 07018

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Six-story, 68-unit dual-elevator apartment building with two ground-floor commercial components on a corner lot.

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Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

415 Bloomfield Ave, Bloomfield, NJ 07003

Contact for pricing

Seven-unit mixed-use building includes three storefronts and four residential apartments with on-site parking and separate entrances.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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Off-Market Properties in Montclair, NJ

Consider similar Off-Market properties in Montclair, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

31 Un St
APARTMENT HOUSE (UNDER 5 UNITS)

31 Un St, Montclair, NJ 07042-3387

$335,000
Estimated value
3,646 sqft 0.17 AC lot
View details
53 Un St
APARTMENT HOUSE (UNDER 5 UNITS)

53 Un St, Montclair, NJ 07042-3377

$1,700,000
Estimated value
6,174 sqft 0.25 AC lot
View details
211 Lorraine Ave
APARTMENT HOUSE (UNDER 5 UNITS)

211 Lorraine Ave, Montclair, NJ 07043-1960

$840,000
Estimated value
2,908 sqft 0.24 AC lot
View details
21 Trinity Pl
APARTMENT HOUSE (UNDER 5 UNITS)

21 Trinity Pl, Montclair, NJ 07042-2703

$1,150,000
Estimated value
20,928 sqft 0.27 AC lot
View details
25 Trinity Pl
APARTMENT HOUSE (UNDER 5 UNITS)

25 Trinity Pl, Montclair, NJ 07042-2710

$1,130,000
Estimated value
20,328 sqft 0.24 AC lot
View details
20 Madison Ave
APARTMENT HOUSE (UNDER 5 UNITS)

20 Madison Ave, Montclair, NJ 07042

$1,500,000
Estimated value
4,130 sqft 1.11 AC lot
View details
145 Park St
APARTMENT HOUSE (UNDER 5 UNITS)

145 Park St, Montclair, NJ 07042-3901

$1,425,000
Estimated value
4,087 sqft 0.32 AC lot
View details
191 Bellevue Ave
APARTMENT HOUSE (UNDER 5 UNITS)

191 Bellevue Ave, Montclair, NJ 07043-1864

$6,725,000
Estimated value
15,852 sqft 0.46 AC lot
View details
34 Un St
APARTMENT HOUSE (UNDER 5 UNITS)

34 Un St, Montclair, NJ 07042-3685

$1,385,000
Estimated value
6,046 sqft 0.43 AC lot
View details
41 Willow St
APARTMENT HOUSE (UNDER 5 UNITS)

41 Willow St, Montclair, NJ 07042-7302

$1,320,000
Estimated value
4,794 sqft 0.32 AC lot
View details
17 High St
APARTMENT HOUSE (UNDER 5 UNITS)

17 High St, Montclair, NJ 07042-2453

$7,095,000
Estimated value
31,236 sqft 2.41 AC lot
View details
235 Claremont Ave
APARTMENT HOUSE (UNDER 5 UNITS)

235 Claremont Ave, Montclair, NJ 07042-2841

$2,425,000
Estimated value
4,486 sqft 0.28 AC lot
View details
231 Claremont Ave
APARTMENT HOUSE (UNDER 5 UNITS)

231 Claremont Ave, Montclair, NJ 07042-2866

$2,080,000
Estimated value
5,383 sqft 0.31 AC lot
View details
232 Orange Rd
APARTMENT HOUSE (UNDER 5 UNITS)

232 Orange Rd, Montclair, NJ 07042-2527

$1,145,000
Estimated value
3,669 sqft 0.45 AC lot
View details
176 Bellevue Ave
APARTMENT HOUSE (UNDER 5 UNITS)

176 Bellevue Ave, Montclair, NJ 07043-1830

$640,000
Estimated value
6,544 sqft 0.46 AC lot
View details
28 Un St
APARTMENT HOUSE (UNDER 5 UNITS)

28 Un St, Montclair, NJ 07042-3321

$1,130,000
Estimated value
4,335 sqft 0.23 AC lot
View details
390 Orange Rd
APARTMENT HOUSE (UNDER 5 UNITS)

390 Orange Rd, Montclair, NJ 07042-4368

$1,225,000
Estimated value
3,876 sqft 0.48 AC lot
View details

Montclair, NJ Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Montclair, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 24,945 square feet of properties for sale, with an estimated market value of $10,090,000.

Sale prices for two-family homes in Montclair, NJ start at $1,600,000, averaging $2,522,500, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 41K
Population Growth (5Y) +5.1%
Median Household Income $167,885

High-Yield Neighborhoods for Investment

Identify Montclair submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07042 $2.5M

Taxes & Financing

Tax Rate (average for all types) 3.39%
Property Tax per SF $8.76 per SF
Tax Rate vs County Average 0.30 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Essex County

Residential Income

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