76 Grove St, Montclair Twp., NJ 07042-3723

Beds
6
Baths
4
Garage
Yes

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Listed byBROWN HARRIS STEVENS NEW JERSEY
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
4
Lot size (acres)
0.29
Year built
1890

Interior features

Basement
Yes, Finished
Fireplaces
3

Garage and parking

Garage parking spaces
4

Utilities

Heating
See Remarks
Cooling
None
Sewer
Public Sewer, Sewer
Water
See Remarks, Public Water

Taxes

Tax Annual Amount (2024)
$16,320

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Garden State MLS MLS®#: 4003954 Last checked:

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