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Verona, NJ Multifamily Home for Sale

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    $825,000

    • 5 Beds
    • 3 Baths

    176 Grove Ave, Verona, NJ 07044

    Make this beauty your home or enjoy this solid investment opportunity in a prime Verona location! This two-family home offers great rental potential with two updated units and bonus space to work with.Unit 1 offers 2 bedrooms, 2 full baths, and a finished basement perfect for added living space or a home office setup. Unit 2, upstairs, is a spacious 3 bed, 1 bath layout spread over two floors.

    Susan Horowitz WEST OF HUDSON REAL ESTATE

    176 Grove Ave, Verona, NJ 07044

Why Live in Verona

Verona, NJ, offers a small-town atmosphere with picturesque hilly mountain terrain that provides stunning sunrises and sunsets. The spacious homes on Afterglow Avenue and Afterglow Way are particularly sought after for their views. The town is known for its beautiful parks, such as the 54-acre Verona Park, which features lakes, bridges, bocce ball courts, and a playground. Hilltop Reservation, a nearly 300-acre nature preserve, offers hiking and biking paths. Verona has a vibrant downtown along Bloomfield Avenue, with numerous small businesses and foot traffic. Dining options range from the eclectic Bloom restaurant, serving French and Korean cuisine, to the local favorite Verona Inn. Events like the Fair in the Square festival and Verona Restaurant Week are organized by the Chamber of Commerce. The town has a lower crime risk compared to the national average. Children attend highly rated schools, including Laning Avenue Elementary, H.B. Whitehorne Middle, and Verona High School, which offers dual enrollment classes at Montclair State University. Housing styles include Cape Cods, Craftsman-style Colonials, and Tudor homes, along with luxury condominium complexes like Claridge Houses and Kips Ridge. Commuting is convenient with bus lines on Lakeside Avenue, Bloomfield Avenue, and Pompton Avenue, and Verona is about 20 miles west of New York City.

Home Trends in Verona, NJ

Housing Trends

Median Sale Price
$685,000
Median Single Family Sale Price
$825,000
Median Townhouse Sale Price
$712,500
Median 2 Bedroom Sale Price
$522,500
Median 1 Bedroom Sale Price
$306,000
Average Price Per Sq Ft
$384
Number of Homes for Sale
39
Last 12 months Home Sales
265
Months of Supply
1.80
Median List Price
$650,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
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