Spacious 4-unit investment property in a fabulous location. Well maintained, updated apartments. All 4 one-bedroom units are occupied. Close to shopping, restaurants, NYC transportation. Separate utilities. Tenants pay heat, hot water, electric, water, sewer. Photos are from previous listing.
Active
$899,000
137 Valley Rd, Montclair Twp., NJ 07042
4beds
--sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 8 days |
- 839 |
- 50 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sibel Oz 201-218-5487,
Prominent Properties Sir
Source: GSMLS,MLS#: 4020296
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- 4+ Units, Natural Gas
Appliances
- Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
Features
- Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
- Flooring: Tile, Wood
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 30 x 125
- Features: Level
Details
- Parcel number: 1613015090000000450000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt Shingle
Condition
- Year built: 1930
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Montclair
Financial & listing details
- Tax assessed value: $453,800
- Annual tax amount: $15,955
- Date on market: 4/15/2026
- Total actual rent: 6366
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,915/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Listed for sale | $899,000+2.7% |
Source:  NJMLS #26012571 Report a problem | ||
| 8/9/2024 | Listing removed | -- |
Source:  GSMLS #3891412 Report a problem | ||
| 5/17/2024 | Listed for sale | $875,000 |
Source: GSMLS #3891412 Report a problem | ||
| 5/13/2024 | Pending sale | $875,000 |
Source: NJMLS #24008007 Report a problem | ||
| 4/6/2024 | Price change | $875,000-7.9% |
Source: NJMLS #24008007 Report a problem | ||
| 3/18/2024 | Listed for sale | $950,000+18.9% |
Source: NJMLS #24008007 Report a problem | ||
| 12/1/2021 | Listing removed | -- |
Source:  New Jersey Multiple Listing Service, Inc Report a problem | ||
| 11/21/2021 | Listed for rent | $1,450+1.8% |
Source: New Jersey Multiple Listing Service, Inc #21045719 Report a problem | ||
| 7/3/2021 | Listing removed | -- |
Source: New Jersey Multiple Listing Service, Inc Report a problem | ||
| 6/18/2021 | Price change | $799,000-5.9% |
Source: New Jersey Multiple Listing Service, Inc #21021834 Report a problem | ||
| 6/3/2021 | Listed for sale | $849,000+30.6% |
Source: New Jersey Multiple Listing Service, Inc #21021834 Report a problem | ||
| 11/1/2019 | Sold | $650,000+420% |
Source: Public Record Report a problem | ||
| 3/15/2019 | Listing removed | $1,425 |
Source: Coldwell BankerResidential Brokerage Report a problem | ||
| 2/28/2019 | Price change | $1,425-4.7% |
Source: Coldwell BankerResidential Brokerage Report a problem | ||
| 2/12/2019 | Price change | $1,495-6.6% |
Source: Coldwell BankerResidential Brokerage Report a problem | ||
| 2/8/2019 | Listed for rent | $1,600 |
Source: Coldwell BankerResidential Brokerage Report a problem | ||
| 5/9/1997 | Sold | $125,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,956 +3.3% | $453,800 |
| 2024 | $15,443 +3.5% | $453,800 |
| 2023 | $14,921 +1.8% | $453,800 |
| 2022 | $14,662 +1.1% | $453,800 |
| 2021 | $14,503 +1.6% | $453,800 |
| 2020 | $14,277 +34.1% | $453,800 |
| 2019 | $10,646 | $453,800 |
| 2018 | $10,646 -24.6% | $453,800 +16.8% |
| 2017 | $14,114 +3.1% | $388,400 |
| 2016 | $13,695 +3.5% | $388,400 |
| 2015 | $13,237 +3.2% | $388,400 |
| 2014 | $12,821 -5% | $388,400 |
| 2012 | $13,499 +1.7% | $388,400 -26.3% |
| 2011 | $13,278 +5.5% | $527,100 |
| 2010 | $12,582 +3.7% | $527,100 |
| 2009 | $12,129 -13.2% | $527,100 |
| 2008 | $13,971 +61.6% | $527,100 |
| 2007 | $8,646 | $527,100 +226.8% |
| 2006 | -- | $161,300 |
| 2005 | -- | $161,300 |
| 2004 | $7,920 | $161,300 |
| 2003 | -- | $161,300 |
| 2002 | -- | $161,300 |
| 2001 | -- | $161,300 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,874/mo
Principal & interest
$4361
Property taxes
$1513
More affordability tools
Climate risks
Neighborhood: 07042
Nearby schools
GreatSchools rating
- 8/10Hillside Elementary SchoolGrades: PK,3-5Distance: 0.5 mi
- 6/10Renaissance Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Montclair High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Magnet
- Middle: Magnet
- High: Montclair
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Montclair
- 07042
- 137 Valley Rd
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