76 Grove St, Montclair Twp., NJ 07042
- $1,325,000
- 6
- BD
- 4
- BA
- List Price
- $1,325,000
- Status
- ACTIVE
- MLS#
- 4003954
- Price Change
- ▼ $125,000 1778201100
- Bedrooms
- 6
- Bathrooms
- 4
- County
- Essex
- City
- Montclair Twp.
- Year Built
- 1890
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.
Additional Information
- Exterior
- See Remarks
- Lot Description
- Level Lot
- Basement
- Yes
- Garage
- Detached Garage, See Remarks
- Water
- Public Water, See Remarks
- Sewer
- Public Sewer, Sewer Charge Extra
- Fuel
- Gas-Natural, See Remarks
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Listing Courtesy Of BROWN HARRIS STEVENS NEW JERSEY, Contact: 973-744-6033