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20-Unit Apartment Portfolio
For Sale
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22 High St, Montclair, NJ 07042

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

Property SizeContact for details
Days on Market142

Property Features for 22 High St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 98%

Additional Details

Public Transit Yes
Multifamily Units 20

Building Details

Buildings 4
Listing Agency: CBRE - Saddle Brook
Listed By: Fahri Ozturk · License #NJ 1430421
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:58PM

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 CBRE - Saddle Brook

Investment Insights

Based on property information with market context.

This multifamily offering comprises four apartment buildings in Montclair, New Jersey, totaling 20 units. The unit mix includes studios, one-bedroom apartments, and two-bedroom apartments, with the properties positioned within one mile of one another. Current occupancy is 98%, and renovations are identified as a path to 31% achievable rent upside.

The portfolio is located at 22 High St and includes properties near Montclair’s downtown restaurants, shops, and arts venues. Six local train stations provide direct service to Midtown Manhattan in approximately thirty minutes, while bus routes reach New York within 40 minutes. The town is 15 miles from New York City and 13 miles from Newark Liberty Airport.

Key Highlights

  • 20‑unit portfolio across four multifamily properties
  • Unit mix includes studios, one‑bedroom, and two‑bedroom apartments
  • 98% current occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Carpet & Flooring Store Home Appliance Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service

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

Lease Details

20
Residential units
98%
Occupancy

Location Intelligence

Trade Area within ½ mile

581
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Four nearby buildings offer studio, one-bedroom, and two-bedroom apartment layouts.
Where is this apartment building located?
The property is located at 22 High St Montclair, NJ.
What are key features of this property?
This property features: 20‑unit portfolio across four multifamily properties; Unit mix includes studios, one‑bedroom, and two‑bedroom apartments; 98% current occupancy
More about this property
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