16 New Street
Montclair Twp, NJ 07042
Price: $745,000
GSMLS: 3969049Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 4
Baths: 3 Full
Garage: No
Year Built: 1900
Acres: 0.07
Property Tax: $10,161
Description
Discover An Exceptional Opportunity With This Newly Renovated And Well-maintained Two-family Home, Perfect For Investors Or Owner Occupied. Strategically Located Just 0.2 Miles From Bay St Train Station And In Close Proximity To Montclair's Dynamic Dining, Shopping, And Vibrant Cultural Scene, This Property Presents A Unique Chance To Live In One Unit While Generating Rental Income From The Other, Perfectly Balancing Personal Use With Investment Growth Potential. The Inviting Front Porch Sets The Tone For The Bright And Comfortable Interiors Found Throughout. Unit 1 Offers A Single-level Layout Featuring A Bright Eat-in Kitchen, Spacious Living Room, A Cozy Den, One Bedroom, And A Full Bath Ideal For Guest Suite. Easy Access To Back Patio And Rear Yard. Unit 2 Spans Two Levels, Providing Generous Space And Flexibility. This Unit Includes An Eat-in Kitchen, Den, Three Well-sized Bedrooms, A Full Bath, And A Convenient Jack-and-jill Bathroom Perfect For Shared Access Between The Two-3rd Level Two Bedrooms. Full Unfinished Basement With Laundry And Lots Of Storage. Don't Miss Chance To Own A Versatile Property With Great Income Potential!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
Yes - French Drain, Full, Unfinished
Interior:
Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Skylight, Smoke Detector, Vinyl-Linoleum Floors, Walk-In Closet
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X129
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking, See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Den, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
Cable TV Available, Fiber Optic Available, Garbage Included
School Information
Elementary:
MAGNET
Middle:
MONTCLAIR
High School:
MONTCLAIR
Community Information
County:
Essex
Town:
Montclair Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$745,000
Tax Amount:
$10,161
Land Assessment:
$116,100
Build. Assessment:
$260,100
Total Assessment:
$376,200
Tax Rate:
3.40
Tax Year:
2024
Listing Information
MLS ID:
3969049
List Date:
06-12-2025
Days On Market:
2
Listing Broker:
WEICHERT REALTORS
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
