10 Elm St - Commercial LAND FOR SALE


Montclair, NJ 07042 17,424 SF
$6,250,000 USD
201-355-3103
10 Elm St, Montclair, NJ for Sale
$6,250,000 USD
Commercial LAND - FOR SALE
1/11
17,424 SF

10 Elm St
Montclair, NJ 07042


HIGHLIGHTS

  • Premium Luxury Multifamily Approved Project
  • Desirable Downtown Montclair Location
  • Amenities: Gym, Locker Room, Parcel Room, Bike Room, EV Charging, Balconies, Roof Terrace, Lounge

OVERVIEW

The development project is situated on a single lot of 0.4 acres. The site is fully approved for a 4-story building containing 20 apartment units and a 1,100 SF office on the second floor. The project will include 41 garage parking spaces with 5 electric vehicle charging stations and all others capable of EV charger install. Amenities include: Gym, Locker Room, Parcel Room, Bike Room, EV Charging, Balconies, Roof Terrace, Lounge. Designed with premium grade finishes. The luxury apartment unit mix is four (4) 2-bedroom and sixteen (16) 3-bedroom with unit sizes ranging from 1260 SF to 1865 SF, detailed as follows (4) 2-bedroom 2 bath units, (5) 3-bedroom 2 bath units; (8) 3-bedroom 2.5 bath units, and (3) 3-bedroom 3 bath units. Four of the units are designated for affordable housing including two 2-bedroom units and two 3-bedroom units. The gross building area (GBA) will be 41,814 square feet and the net rentable area (NRA) will be 32,513 square feet.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/ACRE

$15,625,000/AC

PRICE/SF

$359 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family

LAND ACRES

0.4 AC

LAND SF

17,424 SF

OFFSITE IMPROVEMENTS

-

ZONING

C-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Marcos ClaudiusKW CommercialMore Info
201-355-3103

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Marcos ClaudiusKW CommercialMore Info
201-355-3103

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