44-46 Gates Ave Montclair, NJ $ 1,990,000
44-46 Gates Ave
$ 1,990,000
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44-46 Gates Ave

Montclair, NJ, 07042
$ 1,990,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,253

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Commercial Property for sale in Montclair, NJ

for $1,990,000. This building was built in 1907 on a lot size of 0.29.

Outstanding income-producing property in the heart of Montclair's newly redeveloped business district. Close to NYC bus/train, restaurants & shopping. 6 total units - 2 units with 2BRs & 2 full baths; 2 units with 2 BRs & 1 full bath; and 2 units with 1 BR & 1 bath. 4 garage bays. Ample parking. Unfinished basement with laundry hook ups.

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Commercial Active

Price

$ 1,990,000

Property Type

Commercial

Taxes

$ 22,196

Style

Apartment Complex

Lot Size

0.29

Year Built

1907

Town/City

Montclair

County/Region

Essex

MLS | Web ID

4031294

Features
General
Sewer Public Sewer
Construction Brick/Block See Remarks
Heating 4+ Units
Cooling No Cool
Utilities Electric Gas-Natural
Possession TBD
Roof Asphalt Shingle
Zoning Residential
Year Built 1907
Tenant Pays Electric Gas Heat Hot Water Sewer Water
Township Montclair Twp.
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Residential Area See Remarks
Gross Income 147511
County Essex
Net Operating Income 119915
Operating Expense 27596
Status Active
Directions Bloomfield Avenue to Gates Avenue
Number Of Units Total 6
Tax Annual Amount 22196
Drive Off-Street Parking Parking Lot-Exclusive
Leasable Area 0
Standard Status Active
Tax Assessed Value 631300
Town # 1613
Tax Lot 15.01
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 0
Half Baths 0
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 0
Lot Dimensions 12850SF
Lot Size Acres 0.29
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* Excluded Features
List By
SIBEL OZ

Listing Agent

Prominent Properties Sir

Broker

sibeloz@sibeloz.com

Email

Affordability Calculator

$14,102
Per Month
87%
13%
0%
Monthly Principal & Interest
$12,253
Monthly Property Taxes
$1,850
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$1,990,000 Listed Price

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44-46 Gates Ave, Montclair, NJ, 07042 is a Commercial Property for sale at $1,990,000 with a lot size of 0.29. 44-46 Gates Ave was built in 1907. The property's zip code is 07042 which is in Montclair, NJ