A solid performer in the heart of Montclair—this fully leased four-unit Colonial offers approximately a 5.8% cap rate and consistent, low-maintenance income. Featuring two large 2-bedroom apartments, one 1-bedroom, and a studio unit, the property has updated systems (furnace, electric panels, and water heater) and a removed underground oil tank for peace of mind. The detached 4-car garage and additional parking for 4–6 cars open the door to added revenue potential. Steps from downtown Montclair's vibrant restaurants, shops, and commuter trains to NYC, this is a rare chance to own a turnkey multi-family in one of New Jersey's most sought-after rental markets.
For sale
$1,450,000
76 Grove St, Montclair, NJ 07042
6beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Updated systemsRemoved underground oil tank
- 128 days |
- 391 |
- 9 |
- Loading
- Loading