Making First-Time Buying Simple

3-Three Story, See Remarks

76 Grove St

Montclair Twp. , NJ 07042

MLS#: 4003954

$1,450,000

Status: Active
Listing number: 4003954
Listing provided by: BROWN HARRIS STEVENS NEW JERSEY
Listing agent phone: None
Last update: 4 days ago
On site: 4 days ago
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Property

Beds

6

Full Baths

4

1/2 Baths

None

Year Built

1890

Sq.Footage

3,550

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.

Features & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s)

  • Total Bedrooms

    6

  • Bathrooms

    4

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Baseboard, Natural Gas, Hot Water, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Parking

    Off Street, Detached

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.29

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    3-Three Story, See Remarks

Price

  • Sales Price

    $1,450,000

  • Tax Amount

    16320.0

  • Zoning

    Residential

  • Sq. Footage

    3, 550

  • Price/SqFt

    $408

HOA

  • Association

    No

School District

  • Elementary School

    MAGNET

  • Middle School

    MAGNET

  • High School

    MONTCLAIR

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

County

Essex

Elementary School

MAGNET

Middle School

MAGNET

High School

MONTCLAIR

Listing Courtesy of None , BROWN HARRIS STEVENS NEW JERSEY

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(973) 945-9979

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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.

76 Grove St

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