Investor alert! Solid brick 4-unit property located in the heart of Downtown Montclair, just moments from major shopping centers, restaurants, and public transportation. Property also includes a private backyard, unfinished basement, driveway + garage, and a beautifully built foundation. Two units are currently rented through Section 8 housing assistance, providing built-in income. Don't miss this rare multifamily opportunity in one of Montclair's most desirable locations! A little TLC and cosmetic updates can go a long way in boosting value and maximizing returns. This is a fantastic opportunity for investors or buyers looking to customize and add value.
Active
$1,200,000
20 Monroe Pl, Montclair Twp., NJ 07042
1beds
2,856sqft
Est.:
Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$420/sqft
$-- HOA
What's special
Private backyardUnfinished basementBeautifully built foundation
- 2 days
- on Zillow |
- 599 |
- 30 |
Zillow last checked: 17 hours ago
Listing updated: August 07, 2025 at 05:48am
Listed by:
James Debrosse 973-377-7377,
Lone Eagle Management
Source: GSMLS,MLS#: 3980013

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard - Electric, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Water Heater (See Remarks)
Features
- See Remarks, Bedrooms, Kitchen, Living Room, Living/Dining Room
- Basement: Yes,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
Property
Parking
- Total spaces: 5
- Parking features: 1 Car Width, Additional Parking, Driveway-Exclusive, See Remarks, Detached Garage, Garage
- Has garage: Yes
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Fencing: Partial
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 50 x 100
Details
- Parcel number: 1613041050000000460000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: See Remarks
Condition
- Year built: 1924
Utilities & green energy
- Gas: Gas-Natural
- Sewer: See Remarks
- Water: See Remarks
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Montclair
Financial & listing details
- Price per square foot: $420/sqft
- Tax assessed value: $380,000
- Annual tax amount: $12,931
- Date on market: 8/7/2025
- Total actual rent: 19998
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
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