76 Grove St Active Save Request In-Person Tour Request Virtual Tour
Montclair Twp.,NJ 07042
Key Details
Property Type Multi-Family
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
Interior
Heating Gas-Natural
Cooling None
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
Schools
Elementary Schools Magnet
Middle Schools Magnet
High Schools Montclair