Asking Price $1,450,000
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.
| Year Built: | 1890 |
| Garage: | Detached Garage, See Remarks |
| Lot Dimens: | 63X200 IRR |
| Lot Desc: | Level Lot |
| Heating/Cooling Type: | 1 Unit, Baseboard - Hotwater, Radiators - Hot Water, See Remarks |
| Fuel: | Gas-Natural, See Remarks |
| Siding/Exterior: | See Remarks Partially Fenced, See Remarks |
| Roof: | Composition Shingle, See Remarks |
| Public Util: | Public Sewer, Sewer Charge Extra |
| Interior: | High Ceilings, See Remarks, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, |
| Fireplaces: | |
| Excluded: | Tenant's PErsonal Belongings |
| Elem School: | MAGNET |
| Middle School: | MAGNET |
| High School: | MONTCLAIR |
Listing Agent:
Listing Broker:

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