76 Grove St, Montclair Twp., NJ 07042 - MLS#4003954

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Lynn Fitzgerald

lynn@lynnfitzgerald.com +1(732) 983-1018

$1,450,000

Est. payment - /mo

6 Beds

4 Baths

3,550 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $408

MLS Listing ID 4003954

Style 3-Three Story, See Remarks

Bedrooms 6

Full Baths 4

Year Built 1890

Annual Tax Amount $16,320

Tax Year 2024

Lot Size 0.290 Acres

Property Description

A rare Montclair multi-family opportunity offering timeless architecture, strong income, and a location that's second to none. This fully leased four-unit Colonial delivers approximately a 5.8% cap rate with consistent, low-maintenance income and includes two spacious 2-bedroom apartments, one 1-bedroom, and a studio. Updated systems furnace, electric panels, and water heater along with underground oil tank removal provide peace of mind, while a detached 4-car garage and additional parking for 4"6 vehicles offer added convenience and income potential. Ideally situated between two NYC-direct train stations and just steps from Montclair's vibrant downtown restaurants, boutiques, caf s, and the Wellmont Theater, this is a compelling opportunity for the savvy investor or owner seeking long-term stability in one of New Jersey's most desirable rental markets.

Location

State NJ

County Essex

Zoning Residential

Rooms

Basement Full, Unfinished, Walkout

Interior

Interior Features High Ceilings, See Remarks, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors

Heating Gas-Natural, See Remarks

Cooling None, SeeRem

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature See Remarks

Parking Features Detached Garage, See Remarks

Garage Spaces 4.0

Utilities Available See Remarks

Roof Type Composition Shingle, See Remarks

Building

Lot Description Level Lot

Sewer Public Sewer, Sewer Charge Extra

Water Public Water, See Remarks

Architectural Style 3-Three Story, See Remarks

Schools

Elementary Schools Magnet

Middle Schools Magnet

High Schools Montclair

Others

Senior Community No

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Listed by BROWN HARRIS STEVENS NEW JERSEY

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Lynn Fitzgerald

+1(732) 983-1018

Team Lead | Realtor® | License ID: 0123770

Team Lead | Realtor® License ID: 0123770

76 Grove St Montclair Twp., NJ 07042

Lynn Fitzgerald

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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