NJ > Montclair
Montclair, NJ 07043,1283 Valley RD #7
Montclair, NJ 07043,1283 Valley RD #7,Video Tour
Montclair, NJ 07043,1283 Valley RD #7
Montclair, NJ 07043,1283 Valley RD #7
Montclair, NJ 07043,1283 Valley RD #7
Montclair, NJ 07043,1283 Valley RD #7
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Carlos "Alex" Jesus

Carlos "Alex" Jesus

+1(201) 852-3753
Listed by Hugo A. Palacios Keller Williams Village Square Realty
$ 220,000
Est. payment | /mo

1 Bed

1 Bath

Save Virtual Tour
$ 220,000
Est. payment | /mo
Save Virtual Tour

1 Bed

1 Bath

Open House

Sun Nov 09, 1:00pm - 3:00pm

Key Details

Property Type Condo, Townhouse

Sub Type Condo

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25038244

Style Condo

Bedrooms 1

Full Baths 1

HOA Fees $382/mo

HOA Y/N Yes

Annual Tax Amount $3,751

Property Sub-Type Condo

Property Description

Investor Opportunity – Cash Buyers Only Welcome to 1283 Valley Road, Unit 7, an excellent turnkey investment opportunity located in one of Montclair’s most desirable and vibrant neighborhoods. This charming ground-level 1-bedroom, 1-bath condo is part of a beautifully restored Victorian home just steps from Montclair State University, dining, shopping, and NYC transportation. The unit is currently tenant-occupied with a lease in place through May 21, 2026, generating $1,900/month in rental income, with the tenant expressing interest in staying beyond the lease term—offering investors stable, immediate cash flow. Inside, the apartment features a renovated kitchen with granite countertops, a marble backsplash, and stainless steel appliances, along with a modern bathroom, freshly painted walls, and updated fixtures. Residents enjoy off-street parking and a PET-FRIENDLY community. Low annual taxes ($3,661) and a $382 monthly HOA fee that includes heat, hot water, insurance, landscaping, snow removal, water, and sewer make this a truly attractive, low-maintenance investment. Note: Building is non-warrantable — cash buyers only. Showings by appointment only with 24-hour notice.

Location

State NJ

County Essex

Building/Complex Name None

Rooms

Basement None

Interior

Cooling Win/AC

Fireplaces Number None

Fireplace Yes

Appliance Dishwasher, Ov/Rng/Ele, Refrigerator

Exterior

Amenities Available Common Area

Waterfront Description None

Building

Lot Description 1st Flr Primary Bdrm, Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living

Schools

Elementary Schools Call B.O.E.

High Schools Call B.O.E.

Others

Ownership Private

Miscellaneous None

Virtual Tour https://my.matterport.com/show/?m=vjWj4JRWxp6&mls=1

New Jersey MLS (NJMLS)

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Carlos "Alex" Jesus
Carlos "Alex" Jesus

Broker | Lic# 9798051

+1(201) 852-3753

Kearny, NJ

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1283 Valley RD #7