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Listed by Barbara P. Hughes Brown Harris Stevens New Jersey
$ 1,450,000
Est. payment | /mo
4 Baths
$ 1,450,000
Est. payment | /mo
4 Baths
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
A solid performer in the heart of Montclair—this fully leased four-unit Colonial offers approximately a 5.8% cap rate and consistent, low-maintenance income. Featuring two large 2-bedroom apartments, one 1-bedroom, and a studio unit, the property has updated systems (furnace, electric panels, and water heater) and a removed underground oil tank for peace of mind. The detached 4-car garage and additional parking for 4–6 cars open the door to added revenue potential. Steps from downtown Montclair’s vibrant restaurants, shops, and commuter trains to NYC, this is a rare chance to own a turnkey multi-family in one of New Jersey’s most sought-after rental markets.
Location
State NJ
County Essex
Interior
Laundry Basement, Coin/Card
Exterior
Garage Spaces 4.0
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