20 Monroe Place Montclair, NJ 07042
Estimated payment $6,490/month
Highlights
- 5 Car Detached Garage
- Electric Baseboard Heater
- Private Driveway
- Nishuane School Rated A
About This Home
Investor alert! Solid brick 4-unit property located in the heart of Downtown Montclair, just moments from major shopping centers, restaurants, and public transportation. Property also includes a private backyard, unfinished basement, driveway + garage, and a beautifully built foundation. Two units are currently rented through Section 8 housing assistance, providing built-in income. Don't miss this rare multifamily opportunity in one of Montclair's most desirable locations! A little TLC and cosmetic updates can go a long way in boosting value and maximizing returns. This is a fantastic opportunity for investors or buyers looking to customize and add value.
Listing Agent
LONE EAGLE MANAGEMENT Brokerage Phone: 973-377-7377 Listed on: 08/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,931
Year Built
- Built in 1924
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 1 Bedroom
- 4 Full Bathrooms
Parking
- 5 Car Detached Garage
- Private Driveway
- Additional Parking
- Parking Garage Space
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Standard Electricity
Additional Features
- Basement Fills Entire Space Under The House
- 4,792 Sq Ft Lot
Community Details
- 2,856 Sq Ft Building
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 1613-04105-0000-00046-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,931 | $380,000 | $118,800 | $261,200 |
| 2024 | $12,844 | $380,000 | $118,800 | $261,200 |
| 2022 | $12,494 | $380,000 | $118,800 | $261,200 |
| 2021 | $12,278 | $380,000 | $118,800 | $261,200 |
| 2020 | $12,080 | $380,000 | $118,800 | $261,200 |
| 2019 | $11,955 | $380,000 | $118,800 | $261,200 |
| 2018 | $11,757 | $380,000 | $118,800 | $261,200 |
| 2017 | $12,673 | $339,400 | $85,000 | $254,400 |
| 2016 | $12,334 | $339,400 | $85,000 | $254,400 |
| 2015 | $11,967 | $339,400 | $85,000 | $254,400 |
| 2014 | $11,567 | $339,400 | $85,000 | $254,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Price Changed | $999,969 | 0.0% | $350 / Sq Ft |
| 05/08/2026 05/08/26 | For Sale | $999,969 | -16.7% | $350 / Sq Ft |
| 10/22/2025 10/22/25 | Pending | -- | -- | -- |
| 08/07/2025 08/07/25 | For Sale | $1,200,000 | -- | $420 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Garden State MLS
MLS Number: 3980013
APN: 13-04105-0000-00046
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
- 28 Irving St
- 32 Irving St
- 30 1/2 Irving St
- 76 Mission St
- 39 Draper Terrace
- 63 Mission St
- 18 Gardiner Place
- 29 Hillcrest Rd
- 287 Orange Rd
- 41 Mission St
- 926 Bloomfield Ave Unit 3A
- 926 Bloomfield Ave Unit 3L
- 926 Bloomfield Ave Unit 5E
- 926 Bloomfield Ave Unit 1K
- 33 Woodland Ave
- 971 Bloomfield Ave
- 971 Bloomfield Ave Unit A-12
- 90 Gates Ave
- 72 Glen Ridge Ave
- 190 Ridgewood Ave
- 22 Willowdale Ave Unit 2
- 116 Maple Ave Unit 3
- 7 Woodland Ave Unit 2
- 99 Lincoln St
- 58 Maple Ave
- 82 Mission St
- 56 Maple Ave Unit 1
- 48 Maple Ave Unit 48 maple duplex
- 48 Maple Ave Unit 2
- 46 Elmwood Ave
- 71 Mission St Unit A
- 50 Mission St Unit Second floor
- 20 Maple Ave Unit 1
- 20 Maple Ave Unit 2
- 960 Bloomfield Ave
- 27 Mission St Unit 2
- 17 Mission St Unit 1
- 10 Lincoln St
- 133 Willowdale Ave
- 125 Bloomfield Ave
Ask me questions while you tour the home.