Montclair, NJ 07042,129 Chestnut ST
Listed by Pierce Conway • Compass New Jersey, LLC-Montclair • (973) 618-6368

$1,625,000

$1,500,000

8.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

3 Baths


SOLD DATE : 07/22/2024

Key Details

Sold Price $1,625,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24017557

Sold Date 07/22/24

Style 3 Family

Bedrooms 6

Full Baths 3

Annual Tax Amount $17,112

Property Description

Top to bottom renovation, meets central location, meets passive income with this legal 3-family home in the heart of Montclair. This smartly designed residence offers three 2-bed, 1-bath units with all new electrical and plumbing, HVAC systems, separately metered utilities, creative storage and laundry IN-UNT. The first floor feels more like a home than an apartment with a perfect layout, and the 2nd & 3rd floor units feel like you are floating in the trees. The basement offers 3 storage rooms, w/ access to the backyard, plus room for a gym, studio or additional storage. Outside you have a 3 car garage, additional parking and comfortable outdoor living spaces. Conveniently located between Walnut St & Watchung Plaza, this property offers easy access to a variety of parks, recreation, dining and NYC commute options. You can collect $6500/month in rent while living in a brand new home.

Location

State NJ

County Essex

Area Montclair

Rooms

Basement Yes, Bilco-Style Door, Full, Unfinished

Interior

Heating Gas, Hot Air, Multi-Zone

Fireplaces Type None

Laundry In Unit

Exterior

Exterior Feature Vinyl

Garage Detached, Park Space

Utilities Available Sep Elec, Sep Gas, Sep Heat, Sep Water

Waterfront Description None

View None

Building

Lot Description Regular

Others

Senior Community No

Ownership Private

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


New Jersey MLS (NJMLS)

GET MORE INFORMATION

Carlos "Alex" Jesus

Broker | Lic# 9798051

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.