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Montclair Redevelopment Opportunity
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39 S Willow St, Montclair, NJ 07042

Spacious four-story building near downtown Montclair.

Property SizeContact for details
Days on Market122

Property Features for 39 S Willow St

General Information

Standard status Active
Property subtype Hospitality, Mixed Use, Multifamily, Office, Special Purpose, Senior Living
Zoning R-3
Listing Agency: KW Commercial
Listed By: Marcos Claudius, CCIM · License #1645747
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 3:39PM

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 KW Commercial

Investment Insights

Based on property information with market context.

Located a half block from Montclair's downtown retail and business district, this four-story building presents various redevelopment opportunities. Currently operating as The Willows, a Residential Health Care Facility for independent retirees and mobile seniors with long-term tenants, the property is registered with the State of New Jersey for 16 residents. The building features 16 bedrooms and 12 baths occupied by tenants on three levels. The fourth floor, offering partial New York City skyline views, includes four additional bedrooms, a spacious living room, and a large full-size bath, presenting an opportunity for additional tenant occupancy. Potential business uses include continuing its operation as a residential health care facility, conversion to an Air B&B, a downtown boutique hotel, or a bed and breakfast. The property is near the Wellmont Theatre, shopping, entertainment, galleries, the new Montclair Redevelopment Project, and NYC transportation. It is being sold AS IS for continued operation as an existing business investment or varied conversion uses based on zoning code, including single or multi-family homes or garden apartments. Alternative housing can be secured for senior residents (who are all on Month-to-Month lease) and the real estate can then be redeveloped.

Key Highlights

  • Prime redevelopment opportunity in a premiere downtown location, suitable for ventures like AirB&B, boutique hotel, or multi‑family housing.
  • Existing Residential Health Care Facility with 16 registered residents and long‑term tenants, providing immediate income potential.
  • Centrally located 1/2 block from Montclair's downtown retail and business district, near the Wellmont Theatre, shopping, entertainment, and NYC transportation.

Property Analytics

Current Use

The Willows Home Retirement Community

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Mobile Phone Store Storage Facility Supermarket Locksmith

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

3,677
Businesses Nearby
Under-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Horizon Manor 89 Christopher St, Upper Montclair, NJ 07042
  • Senior Care & Activities Center 110 Greenwood Ave, Montclair, NJ 07042
  • Signature Medical Daycare of Montclair 110 Greenwood Ave, Montclair, NJ 07042
  • Signature Health Cr-Mntclr 110 Greenwood Ave, Montclair, NJ 07042
  • Globex Healthcare Services 460 Bloomfield Ave Suite 1A, Montclair, NJ 07042

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Spacious four-story building near downtown Montclair.
Where is this senior housing / retirement home located?
The property is located at 39 S Willow St Montclair, NJ.
What are key features of this property?
This property features: Prime redevelopment opportunity in a premiere downtown location, suitable for ventures like AirB&B, boutique hotel, or multi‑family housing.; Existing Residential Health Care Facility with 16 registered residents and long‑term tenants, providing immediate income potential.; Centrally located 1/2 block from Montclair's downtown retail and business district, near the Wellmont Theatre, shopping, entertainment, and NYC transportation.
(973) 783-7400 Call to check price and availability
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