$1,325,000
$13M PRICE DROP

Estimated payment $8,580/month

Total Views 61,303
6 Beds
4 Baths
3,550 Sq Ft
$373 Price per Sq Ft

Highlights

  • Wood Flooring
  • High Ceiling
  • Stained Glass
  • Hillside School Rated A
  • 4 Car Detached Garage
  • 4-minute walk to Kaveny Field

About This Home

A rare Montclair multi-family opportunity offering timeless architecture, strong income, and a location that's second to none. This fully leased four-unit Colonial delivers approximately a 5.8% cap rate with consistent, low-maintenance income and includes two spacious 2-bedroom apartments, one 1-bedroom, and a studio. Updated systems furnace, electric panels, and water heater along with underground oil tank removal provide peace of mind, while a detached 4-car garage and additional parking for 4"6 vehicles offer added convenience and income potential. Ideally situated between two NYC-direct train stations and just steps from Montclair's vibrant downtown restaurants, boutiques, caf s, and the Wellmont Theater, this is a compelling opportunity for the savvy investor or owner seeking long-term stability in one of New Jersey's most desirable rental markets.

Listing Agent

Barbara P. Hughes

BROWN HARRIS STEVENS NEW JERSEY Brokerage Phone: 973-744-6033 Listed on: 01/07/2026

BROWN HARRIS STEVENS NEW JERSEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,320

Year Built

  • Built in 1890

Lot Details

  • 12,632 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

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

Home Design

  • Composition Shingle Roof

Interior Spaces

  • High Ceiling
  • Stained Glass

Flooring

  • Wood
  • Tile
  • Vinyl

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
  • Hot Water Baseboard Heater
  • 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

0.29 Acres

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 Street, between Glenridge and Claremont Avenues
  • I D: 5404504
  • Attribution Contact: 973-744-6033
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 9999

Interior Features

  • Interior Amenities: High Ceilings, 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 Features: Partially Fenced
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 4
  • Number Parking Spaces: 8
  • Parking Driveway Description: 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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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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
2026 $16,863 $479,600 $170,000 $309,600
2025 $16,863 $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
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 Price Changed $1,325,000 -8.6% $373 / Sq Ft
01/07/2026 01/07/26 Price Changed $1,450,000 -90.0% $408 / Sq Ft
01/07/2026 01/07/26 For Sale $14,500,000 -- $4,085 / Sq Ft
Source: Garden State MLS

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
Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed -- None Available
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $353,000 New Conventional
Closed $357,000 New Conventional
Source: Public Records

Source: Garden State MLS

MLS Number: 4003954

Garden State MLS

APN: 13-03212-0000-00029

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