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Multi-Residential Homes for Sale in Montclair, NJ

Welcome to your dedicated resource for multi-residential homes for sale in Montclair, NJ. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Montclair, NJ agent, The Courtney Orlando Group specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the multi-residential properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Multi-Residential Homes for Sale in Montclair, NJ

$1,600,000
7 Beds 4 Baths 4023097 MLS
Exceptional investment opportunity in the heart of Montclair! 41 & 43 Mission Street are being offered together, presenting two adjacent lots. 41 Mission featuring a grandfathered three-unit property and 43 Mission along with a shared gravel parking area. All four units are currently tenant-occupied, generating approximately $107,000 in annual income, making this an ideal turnkey investment with immediate cash flow. The three-family at 41 Mission was fully gut renovated in 2022 and showcases modern upgrades throughout, including vinyl plank flooring, updated kitchen appliances, new plumbing and electrical systems, new windows, furnaces, hot water heaters, and the added convenience of a washer and dryer in the basement. The single-family home at 43 Mission offers additional income potential or future redevelopment flexibility. Zoned R2, this unique offering provides multiple paths for value creation. Investors may choose to maintain the current income stream by extending tenant leases or explore redevelopment opportunities, including converting the single-family to a two-family or reimagining both lots once leases expire. Ideally located near NYC direct train access, Glenfield School and Park, and Montclair's vibrant restaurant and shopping scene, this property combines strong income with long-term upside in a prime location. A 3D Matterport tour is available for virtual preview. Detailed expense information will be provided to qualified buyers upon request.

41 Mission St, Montclair Twp.

$6,500,000
6 Beds 8.2 Baths 4008354 MLS
Step into a world where elevated design meets effortless living -where every inch is thoughtfully curated- and every space invites you to linger. Just off vibrant Watchung Plaza, 82-84 Watchung Avenue features two four-story showpiece Townhomes that redefine Montclair luxury. Each offers 3 bedrooms, 4.5 baths, an in-home elevator connecting all levels and a heated/cooled 2-car garage ideal for vehicles, creative studio or fitness zone. This exceptional home unlocks next-level flexibility perfect for a savvy investment or living stylishly in one while earning income from the other. Start your morning with a stroll to local cafes, bagel in hand and the NYC train just steps away. Back home, the main level is anchored by a dramatic double-sided gas fireplace perfect for cozy nights or lively gatherings. white oak floors, custom lighting and organic textures infuse each space with warmth and modern elegance. The heart of the home - a sunlit kitchen that's both a showstopper and a sanctuary, with top-tier appliances, custom cabinetry, quartz countertops and a 9-foot island made for brunch spreads or nightly dinners. A top-floor bedroom stuns with spa-like bath with radiant floor heating and walk-in closet. The finished lower level flexes as a family room, guest suite or office. Outside, enjoy the wraparound porch and expansive backyard. 82-84 Watchung Avenue; timeless design, thoughtful detail, a soulful way to live in the heart of Montclair. Taxes TBD

82 Watchung Avenue, Montclair Twp.

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