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.
Property Features
Heating Information
Baseboard
Natural Gas
Hot Water
Radiant
Basement
Full
Unfinished
Walk-Out Access
Parking
Off Street
Detached
Water Features
Public
House Interior
Walk-In Closet(s)
School Information
School Information for 76 Grove St, Montclair Twp., NJ 07042
Elementary School
MAGNET
Middle School
MAGNET
High School
MONTCLAIR
Listing Courtesy: BROWN HARRIS STEVENS NEW JERSEY - 973-744-6033