Homes for sale - 76 Grove St, Montclair Twp., NJ 07042

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Jan-Michael McClintic

info@janmichaelrealestate.com +1(908) 279-0593

$ 1,450,000

Est. payment | -/mo

6 Beds

4 Baths

3,550 SqFt

Save

$ 1,450,000

Est. payment | -/mo

Save

6 Beds

4 Baths

3,550 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $408

MLS Listing ID 3968991

Style 3-Three Story

Bedrooms 6

Full Baths 4

Year Built 1890

Annual Tax Amount $16,320

Tax Year 2024

Lot Size 0.290 Acres

Property Description

Fully leased four-unit Colonial offering an approximate 5.8% cap rate in one of New Jersey?s most desirable towns. The property features two spacious 2-bedroom units, one 1-bedroom, and one studio apartment. Conveniently located between two NYC-direct train stations and just steps from Montclair?s popular farmers market, dining, boutique shopping, the Wellmont Theater, Montclair Art Museum, and the Public Library. Recent updates include water heater, electric panels, and furnace, plus the underground oil tank has been removed. A 4-car detached garage and additional parking for 4?6 vehicles provide added convenience and potential rental income. A rare opportunity to enjoy consistent returns in a prime Montclair location.

Location

State NJ

County Essex

Zoning Residential

Rooms

Basement Full, Unfinished, Walkout

Interior

Interior Features Carbon Monoxide Detector, See Remarks, Smoke Detector, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Parking Features Detached Garage, Garage Parking, See Remarks

Garage Spaces 4.0

Utilities Available See Remarks

Roof Type Composition Shingle

Building

Lot Description Level Lot

Sewer Public Sewer, Sewer Charge Extra

Water Public Water, See Remarks

Architectural Style 3-Three Story

Schools

Elementary Schools Magnet

Middle Schools Magnet

High Schools Montclair

Others

Senior Community No

Listed by BROWN HARRIS STEVENS NEW JERSEY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(908) 279-0593

info@janmichaelrealestate.com

165 Passaic Ave, Fairfield, NJ, 07004, USA

76 Grove St Montclair Twp., NJ 07042