Walden Apartments 14 Walden Pl 15 Unit Apartment Building $3,850,000 ($256,667/Unit) 4% Cap Rate Montclair, NJ 07042

Walden Apartments is a well-maintained multifamily community ideally situated in the heart of Montclair, one of Essex County’s most desirable suburban markets known for its vibrant restaurant scene, boutique retail, and local arts and theater. The property offers residents exceptional connectivity to New York City via both bus (within walking distance) and train service from Montclair’s town center (~10 min drive), making it highly attractive to commuters.
Walden Apartments offers a balanced mix of 6 one-bedroom apartments, 8 two-bedroom apartments, and 1 three-bedroom townhouse. The complex features well-designed floor plans for an older building and abundant closet space. Units have been updated with granite countertops in kitchens and baths, hardwood floors throughout, and individually controlled heat and air conditioning. On-site amenities such as laundry facilities, professional landscaping, and 24-hour maintenance support enhance resident satisfaction and retention. Residents further benefit from ample on-premise parking and 9 available garages. The property is in excellent condition, with no investment needed in the next several years.
Walden Apartments represents a compelling opportunity to acquire an apartment complex in a high-demand, commuter-friendly market.
The Property is being offered directly to investors, and the Owner does not intend to list the Property with, or sell the Property through, a real estate broker or intermediary. Any party choosing to engage a broker shall be solely responsible for any commission or fees owed to such broker.