26 Orange Rd Montclair, NJ 07042
Estimated payment $9,183/month
About This Home
Prime Mixed-Use Investment Opportunity. Nestled just off the bustling Bloomfield Avenue, this exceptional mixed-use property offers a strategic location directly across from The MC Hotel. Located in the heart of Montclair's thriving artistic community, attracting a steady stream of visitors and locals alike. Three pristine and fully renovated residential apartments currently generate a monthly income of $6,500. Ground floor office space tenant just vacated which was paying $3500 per month. This property is perfect for an owner occupant to move into the commercial space on the ground floor and collect rent from the three residential apartments above. A new owner may also convert the bottom floor to residential space to live in or rent out (see below). The ground-floor commercial space, recently enhanced with comprehensive interior improvements, stands ready for occupancy or offers the potential for residential conversion, with APPROVALS secured for the next three years. Recent Upgrades:
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,700
Lot Details
- 2,900 Sq Ft Lot
- Lot Dimensions are 29 x 100
Home Design
Additional Features
- 5 Bedrooms
- Laundry in unit
Listing and Financial Details
- Legal Lot and Block 13 / 1405
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 | $28,720 | $849,700 | $126,600 | $723,100 |
| 2024 | $28,720 | $849,700 | $126,600 | $723,100 |
| 2022 | $27,938 | $849,700 | $126,600 | $723,100 |
| 2021 | $27,454 | $849,700 | $126,600 | $723,100 |
| 2020 | $27,012 | $849,700 | $126,600 | $723,100 |
| 2019 | $26,732 | $849,700 | $126,600 | $723,100 |
| 2018 | $26,290 | $849,700 | $126,600 | $723,100 |
| 2017 | $22,172 | $593,800 | $118,100 | $475,700 |
| 2016 | $21,579 | $593,800 | $118,100 | $475,700 |
| 2015 | $20,937 | $593,800 | $118,100 | $475,700 |
| 2014 | $20,237 | $593,800 | $118,100 | $475,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Pending | -- | -- | -- |
| 04/28/2025 04/28/25 | For Sale | $1,295,000 | 0.0% | -- |
| 04/16/2025 04/16/25 | Off Market | $1,295,000 | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $1,295,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Fidelity National Title | |
| Bargain Sale Deed | $799,000 | Spirit Title Agency Inc | |
| Deed | $610,000 | Multiple | |
| Deed | $500,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $500,000 | Commercial | |
| Previous Owner | $427,000 | Commercial |
Source: New Jersey MLS
MLS Number: 25011114
APN: 13-01405-0000-00013
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