Montclair - Mixed-Use Building — Sale in Montclair, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Montclair, NJ 07042

Investment Figures

Cap rate
7.16%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Milichap is pleased to exclsuively present 26 Orange Road, Montclair, Essex County, New Jersey. Investment Highlights: • Mixed-Use Property Comprised of Three (3) Residential Apartments Above 1,500 Square Feet Vacant Ground-Floor Commercial Space, Offering Immediate Flexibility at Closing • Positioned Just Off Bloomfield Avenue, Within Close Proximity to Whole Foods Market, Starbucks, and the Full Array of Retail and Dining Options Montclair Has to Offer • Located in a High-income Market with $162,00 Average Household Income (One-Mile) and 560,000 Residents Within Five Miles

Market Context

This mixed use in Montclair, NJ is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 100 days. Compare it against other mixed use listings for sale in Montclair, NJ — view the full market.

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