$1,450,000

76 Grove St 4, Montclair Twp., NJ 07042

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon 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: Carbon Monoxide DetectorSee RemarksSmoke DetectorStain Glass WindowsTile FloorsVinyl-Linoleum FloorsWalk-In ClosetWood Floors
  • Basement: FullUnfinishedWalkout
  • A/C: None
  • Heating: 1 UnitBaseboard - HotwaterRadiators - Hot WaterGas-Natural
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charles H. Bullock School

55 Washington St, Montclair, NJ, 07042

Grades KG-5

0.31 miles away

G

Glenfield Middle School

25 Maple Ave, Montclair, NJ, 07042

Grades 6-8

0.47 miles away

M

Montclair High School

100 Chestnut St, Montclair, NJ, 07042

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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