Mixed-Use Building In Montclair Selling For $2.5M In Watchung Plaza

MONTCLAIR, NJ —A mixed-use building in Montclair with multiple apartments and several retail tenants is selling for $2,499,000. Check out the full listing at the below link.

• Address: 127 Watchung Ave, Montclair Twp., NJ
• Price: $2499000
• Square feet: 8000
• Listing Description: Rare opportunity to purchase beloved landmark Watchung Plaza Tudor mix-use building which has been family owned since 1971. Set in the heart of Montclair, Watchung Plaza is surrounded by a desirable residential neighborhood and features unique shops and restaurants with high volume foot traffic. A mid-town direct train station to Penn Station and lovely gazebo for DeCamp bus stop with service to Port Authority are nearby. The accessibility, charm and popularity of this area results in stable tenants and low vacancy for both residential and retail units. Municipal lot located behind building. Great retail tenants include Well-Founded Barbershop, Dot Reeder Boutique, Bob Fraser Locksmith, Yarnia, Oro Hair Salon and Raven Color Studio. Three 2BR apartments above. 3 dedicated parking spots.

Listed by: June Raegner, Stanton Company

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