Building Details

Tenancy Multi

Listing Agency: Century 21 The Crossing Show Phone

Listed By: Christopher Hill · License #2670758 Show Phone

Source: Exprealty

Added: Oct 5 Changed: Oct 11 Last Checked: Oct 13 at 12:05AM

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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 Century 21 The Crossing

Investment Insights

Based on property information with market context.

This three-unit residential property includes two apartments with two bedrooms and one bath each, plus a one-bedroom, one-bath apartment. A garage is also part of the property. Each residence has washer and dryer hookups in the basement, and utilities are separately metered by unit. All three apartments and the garage are leased.

The property is within walking distance of Bloomfield Avenue shops, restaurants, and NJ Transit rail service to Manhattan, and near downtown Montclair.

Key Highlights

• Unit mix: two 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment
• Garage included; currently leased along with all three apartments
• Separate utilities for each apartment

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

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

3

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

541

Businesses Nearby

Explore this area Business Placement

Demographics for 07028, NJ

8,094

Population

2,629

Households

3.1

Avg Household Size

40

Median Age

83%

College-Educated

100%

High-School Grad

1.3 sq mi

ZIP Area

6,226

Density / Sq Mi

$246,500

Median Household Income

$99,845

Median Earnings

$2,395

Median Rent

$725,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - Three apartments have separate utilities and individual basement washer/dryer hookups.

Where is this triplex located?

The property is located at 42 Willow St Glen Ridge, NJ.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Unit mix: two 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment; Garage included; currently leased along with all three apartments; Separate utilities for each apartment