76 Grove St, Montclair Twp., NJ 07042
- $1,325,000
- 6
- BD
- 4
- BA
- List Price
- $1,325,000
- Price Change
- ▼ $125,000 1778201100
- MLS#
- 4003954
- Dom
- 174
- Year Built
- 1890
- Status
- ACTIVE
- County
- Essex
- City
- Montclair Twp.
- Bedrooms
- 6
- Bathrooms
- 4
- Baths Full
- 4
- Acres
- 0.29
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.
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Additional Information
- Taxes
- $16,320
- Cooling
- None, SeeRem
- Exterior
- See Remarks
- Garage Spaces
- 4
- Garage Description
- Detached Garage, See Remarks
- Heating
- 1 Unit, Baseboard - Hotwater, Radiators - Hot Water, See Remarks
- Interior
- High Ceilings, See Remarks, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
- Roof
- Composition Shingle, See Remarks
- Elementary School
- MAGNET
- Middle School
- MAGNET
- High School
- MONTCLAIR
- Sewer
- Public Sewer, Sewer Charge Extra
- Water
- Public Water, See Remarks
- Basement
- Yes
- Lot Description
- Level Lot
- Exterior Features
- Partially Fenced, See Remarks
- Garage Description
- Detached Garage, See Remarks
Mortgage Calculator
Listing Courtesy Of BROWN HARRIS STEVENS NEW JERSEY, Contact: 973-744-6033
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