76 Grove St Montclair, NJ 07042
Estimated payment $9,078/month
Highlights
- Coin Laundry
- Hillside School Rated A
- 4-minute walk to Kaveny Field
About This Home
Fully leased four-unit Colonial offering an approximate 5.8% cap rate in one of New Jerseya€TMs most desirable towns. The property features two spacious 2-bedroom units, one 1-bedroom, and one studio apartment. Conveniently located between two NYC-direct train stations and just steps from Montclaira€TMs popular farmers market, dining, boutique shopping, the Wellmont Theater, Montclair Art Museum, and the Public Library. Recent updates include water heater, electric panels, and furnace, plus the underground oil tank has been removed. A 4-car detached garage and additional parking for 4a€“6 vehicles provide added convenience and potential rental income. A rare opportunity to enjoy consistent returns in a prime Montclair location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,320
Parking
- 4 Car Garage
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Additional Features
- Laundry in Basement
- Lot Dimensions are 63x200
Community Details
- Coin Laundry
Listing and Financial Details
- Legal Lot and Block 29 / 3212
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 | $16,210 | $479,600 | $170,000 | $309,600 |
| 2024 | $16,210 | $479,600 | $170,000 | $309,600 |
| 2022 | $15,769 | $479,600 | $170,000 | $309,600 |
| 2021 | $15,496 | $479,600 | $170,000 | $309,600 |
| 2020 | $15,246 | $479,600 | $170,000 | $309,600 |
| 2019 | $15,088 | $479,600 | $170,000 | $309,600 |
| 2018 | $14,839 | $479,600 | $170,000 | $309,600 |
| 2017 | $13,084 | $350,400 | $123,800 | $226,600 |
| 2016 | $12,734 | $350,400 | $123,800 | $226,600 |
| 2015 | $12,355 | $350,400 | $123,800 | $226,600 |
| 2014 | $11,942 | $350,400 | $123,800 | $226,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $1,450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $357,000 | New Conventional |
Source: New Jersey MLS
MLS Number: 25020466
APN: 13-03212-0000-00029
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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