$1,450,000

76 Grove Street, Montclair, NJ 07042

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
June 12, 2025 at 05:00AM
Listing Office:
Brown Harris Stevens New Jersey : 973-744-6033
Listing Agent:
Barbara P Hughes : 973-508-7363
MLS ID:
25020466
  • Rooms: 16
  • Laundry: BasementCoin/Card

This listing courtesy of Barbara P Hughes, Brown Harris Stevens New Jersey

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charles H. Bullock School

55 Washington St, Montclair, NJ, 07042

Grades KG-5

0.31 miles away

G

Glenfield Middle School

25 Maple Ave, Montclair, NJ, 07042

Grades 6-8

0.47 miles away

M

Montclair High School

100 Chestnut St, Montclair, NJ, 07042

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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