76 Grove St 4, Montclair Twp., NJ 07042
- 6 beds |
- 4 baths
Multi-Family Home
Built in 1890
0.29acre lot
4 car garage
$——/sqft
Listed 3 months ago
Property Description
Discover a prime Montclair investment that delivers both strong returns and unbeatable location. This fully leased four-unit Colonial offers an approximate 5.8% cap rate and timeless curb appeal just blocks from Montclair?s best dining, shopping, and arts scene. The property includes two spacious 2-bedroom units, one 1-bedroom, and one studio apartment?each well-maintained with reliable tenants. Updates include a newer water heater, electrical panels, and furnace, and the underground oil tank has already been removed. A detached 4-car garage plus additional parking for 4?6 vehicles adds exceptional convenience and potential income. Perfectly positioned between two NYC-direct train stations and moments from the Montclair Farmers Market, Wellmont Theater, and Art Museum?this property is an ideal blend of location, stability, and long-term value.
- Listing Status:
- Active
- Listing Office:
- BROWN HARRIS STEVENS NEW JERSEY : 973-744-6033
- MLS ID:
- 3968991
- General: Aluminum SidingPartially FencedSee Remarks
- Parking: Parking spaces: 8
- Roofing: Composition Shingle
- County: Essex
- Driveway: Additional ParkingBlacktopCrushed StoneOff-Street ParkingSee Remarks
- Zoning: Residential1613-03212-0000-00029-0000-
- Utilities: See Remarks
- Water: Public WaterSee Remarks
- Sewer: Public SewerSewer Charge Extra
- Exclusions: Tenant's Personal Belongings
This listing courtesy of BROWN HARRIS STEVENS NEW JERSEY
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Charles H. Bullock School
55 Washington St, Montclair, NJ, 07042
Grades KG-5
0.31 miles away
Glenfield Middle School
25 Maple Ave, Montclair, NJ, 07042
Grades 6-8
0.47 miles away
Montclair High School
100 Chestnut St, Montclair, NJ, 07042
Grades 9-12
0.71 miles away