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    Montclair, NJ Multifamily Properties for Sale

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    Mixed-Use Five-Unit with Restaurant
    Updated: Apr 7
    Mixed-Use Five-Unit with Restaurant

    381 BLOOMFIELD AVE Unit 381, Montclair, NJ 07042

    $1,999,999
    5,500 sqft
    Five‑unit mixed‑use property with a ground‑floor restaurant and four residential apartments
    Approx. 5,500 SF total: two 3‑bedroom units and two 1‑bedroom units
    Approx. $143,000 gross income and approx. $85,000 net operating income reported
    Restaurant tenant has a lease through September 2028 with annual rent increases and contributes to utilities and certain operating expenses
    3 of 4 residential units currently on a month‑to‑month basis, providing leasing flexibility
    View details
    Victorian Two-Family with Studios
    Updated: Jan 6
    Victorian Two-Family with Studios

    69 N Fullerton Ave, Montclair, NJ 07042

    $1,250,000
    2,485 sqft
    Grand Victorian farmhouse built in 1880 with high ceilings and wood floors
    Huge lot with parking for 15 cars
    On‑site additional finished studio structures with separate utilities (2 total)
    Utilities include public water and public sewer
    Two finished studios plus main home offer options for legal two‑family use or conversion into a single‑family with an ADU
    View details
    Two-Family Home with Detached Garage
    Two-Family Home with Detached Garage

    29 Warman St, Montclair, NJ 07042

    $849,900
    0.09 AC lot

    Well-maintained two-family residence with recent HVAC and water-heater updates plus a detached two-car garage.

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    Mixed-Use Property with Restaurant Lease
    Mixed-Use Property with Restaurant Lease

    571 Bloomfield Ave, Montclair, NJ 07042

    $3,500,000
    10,000 sqft

    Mixed-use property featuring a restaurant and six apartments.

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    Renovated Investment Portfolio Near Train
    Renovated Investment Portfolio Near Train

    73 Glenridge Ave, Montclair, NJ 07042

    $4,200,000
    99 sqft

    Renovated mixed-use investment property near Bay Street Train Station.

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    Multifamily Residence in Prime Location
    Multifamily Residence in Prime Location

    163 Park St, Montclair, NJ 07042

    $1,600,000
    4,945 sqft 0.80 AC lot

    Spacious multifamily property near Watchung Plaza and NYC train.

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    Updated Two-Family Home
    Updated Two-Family Home

    203 N Fullerton Ave, Montclair, NJ 07042

    $1,095,000

    Two separate residences with updated kitchens, in-unit laundry, and separately metered utilities, plus garage and off-street parking.

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    Two-Family Home with Off-Street Parking
    Two-Family Home with Off-Street Parking

    116 Forest St, Montclair, NJ 07042

    $699,000

    Flexible Montclair residence with two front porches, separate entrances, and parking for four cars.

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    Montclair Two-Family Renovation Opportunity
    Montclair Two-Family Renovation Opportunity

    197 N Fullerton Ave, Montclair, NJ 07042

    $698,000
    0.19 AC lot

    Two-family property in Montclair ready for renovation and expansion.

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    Six-Unit Multifamily Property
    Six-Unit Multifamily Property

    44 Gates Ave, Montclair, NJ 07042

    $1,990,000

    Six-unit residential income building with four garage bays and on-site laundry hook ups.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Montclair, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Family Residential Income Property
    Four-Family Residential Income Property

    1 Bay Ave, Bloomfield, NJ 07003

    $999,999
    0.09 AC lot

    Four-unit residential building with three 2-bedroom units and one 3-bedroom unit, plus a brand-new sewer line.

    View details
    Multifamily Building with Six Units
    Multifamily Building with Six Units

    61-63 Chestnut Street, West Orange, NJ 07052

    $1,250,000
    6,615 sqft 0.11 AC lot

    Three-story building offers six rental units, including five two-bedroom units and one one-bedroom unit, plus four off-street spaces.

    View details
    Renovated Mixed-Use Investment Property
    Renovated Mixed-Use Investment Property

    67 Park Avenue, Bloomfield, NJ 07003

    $2,490,000
    7,000 sqft

    Mixed-use property near Glen Ridge train station with on-site parking.

    View details
    Renovated Three-Family Income Property
    Renovated Three-Family Income Property

    23 Watson Ave, West Orange, NJ 07052

    $890,000

    Turnkey renovated three-unit building with three 3-bedroom units, each with central air and new appliances.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft 0.10 AC lot

    Two-family home on a large lot with significant development potential.

    View details
    Flatbush Development Property For Sale
    Flatbush Development Property For Sale

    14 E 32nd Street lot: 13, Brooklyn, NY 11226

    $1,249,000
    1,407 sqft 0.09 AC lot

    40 x 100 lot with R6, C1-2 zoning.

    View details
    Expansive Land Parcel in Holmes
    Expansive Land Parcel in Holmes

    545 Grape Hollow Road, Holmes, NY 12531

    $750,000
    2,480 sqft 75.32 AC lot

    75+ acre land parcel with garage near I-84.

    View details
    Land Near Camelback Resort
    Land Near Camelback Resort

    250 Big Hill Pass, Scotrun, PA 18355

    Contact for pricing
    0.18 AC lot

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

    View details

    Off-Market Properties in Montclair, NJ

    Consider similar Off-Market properties in Montclair, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    31 Un St
    APARTMENT HOUSE (UNDER 5 UNITS)

    31 Un St, Montclair, NJ 07042-3387

    Value Estimation by Request
    3,646 sqft 0.17 AC lot
    View details
    53 Un St
    APARTMENT HOUSE (UNDER 5 UNITS)

    53 Un St, Montclair, NJ 07042-3377

    $1,700,000
    Estimated value
    6,174 sqft 0.25 AC lot
    View details
    211 Lorraine Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    211 Lorraine Ave, Montclair, NJ 07043-1960

    $840,000
    Estimated value
    2,908 sqft 0.24 AC lot
    View details
    21 Trinity Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    21 Trinity Pl, Montclair, NJ 07042-2703

    $3,055,000
    Estimated value
    20,928 sqft 0.27 AC lot
    View details
    25 Trinity Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    25 Trinity Pl, Montclair, NJ 07042-2710

    $2,985,000
    Estimated value
    20,328 sqft 0.24 AC lot
    View details
    20 Madison Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    20 Madison Ave, Montclair, NJ 07042

    $1,500,000
    Estimated value
    4,130 sqft 1.11 AC lot
    View details
    145 Park St
    APARTMENT HOUSE (UNDER 5 UNITS)

    145 Park St, Montclair, NJ 07042-3901

    $1,425,000
    Estimated value
    4,087 sqft 0.32 AC lot
    View details
    191 Bellevue Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    191 Bellevue Ave, Montclair, NJ 07043-1864

    $4,535,000
    Estimated value
    15,852 sqft 0.46 AC lot
    View details
    34 Un St
    APARTMENT HOUSE (UNDER 5 UNITS)

    34 Un St, Montclair, NJ 07042-3685

    $1,190,000
    Estimated value
    6,046 sqft 0.43 AC lot
    View details
    41 Willow St
    APARTMENT HOUSE (UNDER 5 UNITS)

    41 Willow St, Montclair, NJ 07042-7302

    $1,245,000
    Estimated value
    4,794 sqft 0.32 AC lot
    View details
    17 High St
    APARTMENT HOUSE (UNDER 5 UNITS)

    17 High St, Montclair, NJ 07042-2453

    $7,095,000
    Estimated value
    31,236 sqft 2.41 AC lot
    View details
    235 Claremont Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    235 Claremont Ave, Montclair, NJ 07042-2841

    $1,620,000
    Estimated value
    4,486 sqft 0.28 AC lot
    View details
    231 Claremont Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    231 Claremont Ave, Montclair, NJ 07042-2866

    $1,435,000
    Estimated value
    5,383 sqft 0.31 AC lot
    View details
    232 Orange Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    232 Orange Rd, Montclair, NJ 07042-2527

    $990,000
    Estimated value
    3,669 sqft 0.45 AC lot
    View details

    Montclair, NJ Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Montclair, NJ, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 23,029 square feet of properties for sale, with an estimated market value of $12,549,999.

    Sale prices for multifamily properties in Montclair, NJ start at $1,250,000, averaging $2,509,999, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 9
    Apartment buildings 7
    Quadplexes 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) +5.1%
    Median Household Income $167,885

    High-Yield Neighborhoods for Investment

    Identify Montclair submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07042 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 3.39%
    Property Tax per SF $8.76 per SF
    Tax Rate vs County Average 0.30 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

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    Most Searched ZIP Codes in Montclair, NJ

    • 07042

    Featured Montclair Real Estate Agencies

    Realmo connects you with licensed Montclair CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Stanton Company, LLC
    25 North Fullerton Avenue Montclair, NJ 07042
    Phone: 19737461313
    www.stantonrealtors.com
    NJ Metro Group LLC
    237 Lorraine Ave Montclair, NJ 07043
    Phone: 19737837400
    www.kwmetrogroup.com/

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