973.595.1500
76 Grove St Montclair Twp. 07042-3723
$1325000

Details

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.

Basic Information

County : Essex
Style : ,
Rooms : 16
Bedrooms : 6
Full Baths : 4
Half Baths : 0
Total Baths : 4
LotSize : 63X200 IRR
Acres : 0
Living Room Level :
Dining Room Level :
Kitchen Level :
Bedroom 1 Level :
Bedroom 2 Level :
Bedroom 3 Level :
Bedroom 4 Level :
Basement/Description : , ,
Garage : ,
HeatSource : ,
Heat System : , , ,
Cooling System : ,
Water :
Sewer :
Utilities :

Additional Information

Tax Amount : 16320
Tax Year : 2024
Association Fee :
Grade School : MAGNET
Middle School : MAGNET
High School : MONTCLAIR