76 Grove ST Active

Montclair,NJ 07042

$ 1450000

- Bed

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25020466

Style 4 Family

Full Baths 4

Property Sub-Type 4 Family

Property Description

Prime Montclair Investment & Lifestyle Opportunity " Fully leased four-unit Colonial delivering approximately 4% cap rate in one of New Jersey's most sought-after towns. Two 2 bedroom units, a studio and 1 bedroom unit. Perfectly positioned between two NYC Direct train stations and just blocks from Montclair's famed farmers market, vibrant dining scene, boutique shopping, the Wellmont Theater, Montclair Art Museum, and the Public Library. Major systems(water heater, electric panels and furnace) have been updated, and the underground oil tank has been removed for peace of mind. The property includes a 4-car detached garage plus space for an additional 4"6 cars offering potential for extra rental income. A rare blend of steady returns and an unbeatable location.

Location

State NJ

County Essex

Interior

Laundry Basement,Coin/Card

Exterior

Garage Spaces 4.0

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