$1,450,000

76 Grove St Unit 4 Montclair, NJ 07042

Estimated payment $8,950/month

Total Views 26,788
6 Beds
4 Baths
3,550 Sq Ft
$408 Price per Sq Ft

Highlights

  • 4 Car Detached Garage
  • Walk-In Closet
  • 4-minute walk to Kaveny Field
  • Hillside School Rated A
  • Level Lot

About This Home

Discover a prime Montclair investment that delivers both strong returns and unbeatable location. This fully leased four-unit Colonial offers an approximate 5.8% cap rate and timeless curb appeal just blocks from Montclair?s best dining, shopping, and arts scene. The property includes two spacious 2-bedroom units, one 1-bedroom, and one studio apartment?each well-maintained with reliable tenants. Updates include a newer water heater, electrical panels, and furnace, and the underground oil tank has already been removed. A detached 4-car garage plus additional parking for 4?6 vehicles adds exceptional convenience and potential income. Perfectly positioned between two NYC-direct train stations and moments from the Montclair Farmers Market, Wellmont Theater, and Art Museum?this property is an ideal blend of location, stability, and long-term value.

Listing Agent

Barbara P. Hughes

BROWN HARRIS STEVENS NEW JERSEY Brokerage Phone: 973-744-6033 Listed on: 06/12/2025

BROWN HARRIS STEVENS NEW JERSEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,320

Year Built

  • Built in 1890

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Parking

  • 4 Car Detached Garage
  • Stone Driveway
  • Additional Parking
  • Parking Garage Space
  • Off-Street Parking

Home Design

  • Composition Shingle Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Radiator
  • Gas Water Heater

Community Details

  • 3,550 Sq Ft Building
  • Net Operating Income $58,123

Listing and Financial Details

  • Assessor Parcel Number 1613-03212-0000-00029-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,320

Year Built

Built in 1890

Lot Details

0

Parking

4

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1890
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Tenant's Personal Belongings
  • Directions: Grove St, between Claremont & Glenridge Avenues
  • I D: 5364527
  • Attribution Contact: 973-744-6033
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 9999

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Partially Fenced
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Parking
  • Number Garage Spaces: 4
  • Number Parking Spaces: 8
  • Parking Driveway Description: Additional Parking, Blacktop, Crushed Stone, Off-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Radiators - Hot Water
  • Sewer: Public Sewer, Sewer Charge Extra
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 63X200 IRR
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.29
  • Zoning: Residential

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16320
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-03212-0000-00029-0000-
  • Tax Rate Amount: 3.403
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: MAGNET

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2025 06/12/25 For Sale $1,450,000 -- $408 / Sq Ft
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3968991

Garden State MLS
New Jersey Essex County Montclair 07042

76 Grove St Unit 4, Montclair, NJ

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Barbara P. Hughes
Listing Agent
Barbara P. Hughes
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BROWN HARRIS STEVENS NEW JERSEY
(862) 362-7988