Properties

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.

Features

  • Heating System : Baseboard - Hotwater, 1 Unit, See Remarks, Radiators - Hot Water
  • Cooling System : None, Seerem
  • Basement : Full, Unfinished, Walkout
  • Roof Deck : Composition Shingle, See Remarks
  • Parking : 8
  • Parking Description: Crushed Stone, Off-Street Parking, See Remarks
  • Interior Features: High Ceilings, See Remarks, Stain Glass Windows, T
  • Exterior Features: Partially Fenced, See Remarks
  • Lot Description: Level Lot
  • Tax Assessed Valuation: 479600
  • Sewer: Public Sewer, Sewer Charge Extra
  • Water: Public Water, See Remarks

Appliances

  • Utilities: See Remarks

Additional Info

  • Office Name: BROWN HARRIS STEVENS NEW JERSEY
  • Office MLS ID: 378301
  • Agent ID: 240071
  • Tax: 16320
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: Residential

Multi-Family For Sale

For Sale
$1,325,000

76 Grove St, Montclair Twp., *

  • SQFT 63 Acre
  • Bedroom 6
  • Built Year 1890

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5404504
  • Price: $1,325,000
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1890
  • Year Built Description: Approximate
  • Lot Area: 63 Acre
  • Status: Active
  • Days On Market: 174

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Montclair Twp.
  • Zipcode *
  • Street: Grove St
  • Street Number: 76
  • Street Direction: Grove Street, between Glenridge and Claremont Aven
  • Floor Number: 0
  • Longitude: W75° 47' 22.2''
  • Latitude: N40° 48' 45.8''
  • Internet Display Address: No
Property