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Renovated Two-Family Duplex Property
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For Sale
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54 Label Street, Montclair, NJ 07042

Separate heating systems and individual water and electric meters serve the two apartments.

Property SizeContact for details
Days on Market2

Property Features for 54 Label Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family 2-4 Units

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2BR/2BA, 3BR/1BA
Multifamily Units 2

Amenities

laundry
storage shed
three-season room
seating area
landscaping

Building Details

Buildings 1
Stories 4
Listing Agency: Prominent Properties Sotheby's International Realty-Montclair
Listed By: Elizabeth Ruvo
Source: Capmarkrealty
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:49AM

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 Prominent Properties Sotheby's International Realty-Montclair

Investment Insights

Based on property information with market context.

This renovated two-family property contains two duplex apartments across four finished floors and will be delivered vacant. The lower apartment has two bedrooms, a renovated kitchen, living and dining rooms, two full bathrooms, and a finished lower level with recreation and office areas and laundry. The upper apartment includes three bedrooms, a renovated kitchen, living and dining rooms, a full bathroom, dedicated laundry, and a three-season room. Separate heating systems and water and electric meters serve the units. A fenced rear area provides parking for four cars, and each apartment has its own storage shed.

The property faces Christopher Park and is across from Walnut Street train station, with Midtown Direct and Hoboken service. A farmers market, cafes, restaurants, bakeries, and a craft brewery are one block away. The south-facing front includes a seating area and landscaped space.

Key Highlights

  • Two duplex apartments with 2 bedrooms downstairs and 3 upstairs
  • Four finished floors, including a lower‑level recreation and office area
  • Renovated kitchens in both apartments; laundry in each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tech Support Center Mobile Phone Store Fish Market Supermarket

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,916
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

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?
Duplex - Separate heating systems and individual water and electric meters serve the two apartments.
Where is this duplex located?
The property is located at 54 Label Street Montclair, NJ.
What are key features of this property?
This property features: Two duplex apartments with 2 bedrooms downstairs and 3 upstairs; Four finished floors, including a lower‑level recreation and office area; Renovated kitchens in both apartments; laundry in each unit
More about this property
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