Mixed-Use Building with
For Lease
$1,550,000
119 Watchung Avenue, Montclair, NJ 07043
A street-level commercial space is paired with three apartments, including two one-bedroom units.
Space SizeContact for details
Days on Market107
Property Features for 119 Watchung Avenue
General Information
Standard status
Active
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$33,191
Listing Agency:
Prestige Property Group Montclair
Listed By:
Joseph Aziz
(201) 708-5067
Source:
Josephazizrealestate
Added: Jul 13
Changed: Oct 26
Last Checked: Oct 26 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prestige Property Group Montclair
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Investment Insights
Based on property information with market context.
The property combines approximately 2,500 square feet of retail space with three apartments accessed from the rear. The retail space is occupied by Mr. Dino’s Pizza; the business is not included in the offering. Two apartments each have one bedroom, a family room, an eat-in kitchen, and a bathroom. The third is a two-bedroom apartment with a kitchen that does not have a stove.
The building is in downtown Watchung Plaza, a short walk from Watchung Ave Train Station. The pizza business has operated in Montclair since 1981.
The building is in downtown Watchung Plaza, a short walk from Watchung Ave Train Station. The pizza business has operated in Montclair since 1981.
Key Highlights
- Approximately 2,500 square feet of retail space
- Three apartments accessed from the rear
- Two one‑bedroom apartments, each with a family room, eat‑in kitchen, and bathroom
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 07043, NJ
14,219
Population
4,499
Households
3.2
Avg Household Size
36
Median Age
84%
College-Educated
99%
High-School Grad
2.5 sq mi
ZIP Area
5,688
Density / Sq Mi
$250,001
Median Household Income
$102,273
Median Earnings
$2,287
Median Rent
$948,300
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-level commercial space is paired with three apartments, including two one-bedroom units.
Where is this mixed-use property located?
The property is located at 119 Watchung Avenue Montclair, NJ.
What is the lease rate?
The lease rate is $1,550,000.
What are key features of this property?
This property features: Approximately 2,500 square feet of retail space; Three apartments accessed from the rear; Two one‑bedroom apartments, each with a family room, eat‑in kitchen, and bathroom
