ListWithoutRealtor Group

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.

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Property Details

  • Price: $1,450,000
  • Land Area: 16320 Sq Ft
  • Bedrooms:6
  • Class:2-4 Family
  • Style:Mixedflr
  • Floodzone:None
  • Rooms:16
  • Property Status: Status For Sale
  • Property Type: ,
  • Amenities and Features

    Features
  • Laundry:Basement,Coin/Card
  • Location

  • Address76 Grove Street,Montclair, NJ 07042
  • Postal code07042
  • CountryESSEX, Montclair
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