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Multifamily Property

48 Gates Ave # C2, Montclair, NJ 07042

For Sale
New
Contact for pricing

The property has public water service.

Property SizeContact for details
Days on Market2

Property Features for 48 Gates Ave # C2

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Second
1
In Building
Bathroom
Public Water
135X22 IRR
0.18

Building Details

Year Built 1945
Listing Agency:
Listed By: Reisha Baker
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 8 at 4:46PM

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 Reisha Baker

Rey
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Investment Insights

Based on property information with market context.

This multifamily property was built in 1945 and has public water service. The parcel is listed at 0.18 acres, with irregular dimensions of 135 by 22 feet.

Key Highlights

  • 0.18‑acre parcel with irregular dimensions of 135 by 22 feet
  • Built in 1945
  • Public water service

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

3,245
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Montclair, NJ

$397 Jul
$339 Aug
$371 Sep
$367 Oct

Properties on Market for Multifamily properties in Montclair

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The property has public water service.
Where is this multifamily property located?
The property is located at 48 Gates Ave # C2 Montclair, NJ.
What are key features of this property?
This property features: 0.18‑acre parcel with irregular dimensions of 135 by 22 feet; Built in 1945; Public water service
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