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76 Grove St, Montclair Twp., NJ 07042

$1,325,000
6
BD
4
BA
3,550
SqFt
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List Price
$1,325,000
MLS#
4003954
Year Built
1890
Status
ACTIVE
County
Essex
City
Montclair Twp.
Bedrooms
6
Bathrooms
4
Baths Full
4
Acres
0.29
Living Area
3,550
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732-921-1825 (Cell)

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.

732-921-1825 (Cell)
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Additional Information

Taxes
$16,320
Cooling
See Remarks, None
Garage Spaces
4
Heating
Baseboard, Radiator(s), Other
Roof
Composition, Other
Elementary School
MAGNET
Middle School
MAGNET
High School
MONTCLAIR
Sewer
Public Sewer
Basement
Walkout, Unfinished, Full
Exterior Features
Fence, See Remarks
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