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Two-Family Residential Income Property
For Sale
$930,000

16 Rosedale Ave 2, Montclair, NJ 07042

Two separate units plus finished basement offer multiple rooms, hardwood floors, and separate utilities.

Property SizeContact for details
Days on Market12

Property Features for 16 Rosedale Ave 2

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1929
Listing Agency: REALTY ONE GROUP LEGEND
Listed By: LUIS CRUZ · License #294552
Source: Elliman
Added: Jul 25 Changed: Jul 26 Last Checked: Aug 5 at 9:10AM

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 REALTY ONE GROUP LEGEND

Investment Insights

Based on property information with market context.

This two-family property in Montclair includes two distinct residential units with separate utilities. The first-floor unit features 2 bedrooms, 1 full bath, a living room, dining room, office space, and kitchen. The second unit spans the second and third floors and offers 3 bedrooms, a sunroom, living room, dining room, 1 full bath, and a modern kitchen with sliding doors leading to a private deck overlooking the backyard.

A finished basement adds additional flexibility with a full bathroom, three extra rooms, and a separate entrance to the utility room. The utility room includes two water heaters and two house heating systems. Outside, the property provides a serene backyard with a koi pond and patio, along with a two-car detached garage and a driveway that fits four cars.

The home is described as conveniently located within walking distance to shops, parks, schools, a public pool, and transportation.

Key Highlights

  • 1929‑built two‑family home with separate utilities and hardwood floors throughout
  • First‑floor unit: 2 bedrooms, 1 full bath, living room, dining room, office space, and kitchen
  • Second unit (2nd/3rd floors): 3 bedrooms plus sunroom, living room, dining room, full bath, and modern kitchen with deck access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 07042, NJ

27,384
Population
11,682
Households
2.3
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
7,206
Density / Sq Mi
$127,083
Median Household Income
$75,856
Median Earnings
$2,017
Median Rent
$733,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate units plus finished basement offer multiple rooms, hardwood floors, and separate utilities.
Where is this duplex located?
The property is located at 16 Rosedale Ave 2 Montclair, NJ.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: 1929‑built two‑family home with separate utilities and hardwood floors throughout; First‑floor unit: 2 bedrooms, 1 full bath, living room, dining room, office space, and kitchen; Second unit (2nd/3rd floors): 3 bedrooms plus sunroom, living room, dining room, full bath, and modern kitchen with deck access
More about this property
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