76 Grove St

Montclair Twp, NJ 07042


 

Price: $1,450,000

GSMLS:  4003954
Type: Multi-Family
Style: 3-Three Story, See Remarks
Total Units: 4
Beds: 6
Baths: 4 Full
Garage: 4-Car
Year Built: 1890
Acres: 0.29
Property Tax: $16,320
Description
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.
General Info
Style:
3-Three Story, See Remarks
SqFt Building:
3,550
Total Rooms:
16
Basement:
Yes - Full, Unfinished, Walkout
Interior:
High Ceilings, See Remarks, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
Roof:
Composition Shingle, See Remarks
Exterior:
See Remarks
Lot Size:
63X200 IRR
Lot Desc:
Level Lot
Parking
Garage Capacity:
4-Car
Description:
Detached Garage, See Remarks
Parking:
Crushed Stone, Off-Street Parking, See Remarks
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, See Remarks, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
2
Room Description:
Bedrooms, Kitchen, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, See Remarks, Storage
Levels:
4
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, See Remarks, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Utilities
Heating:
1 Unit, Baseboard - Hotwater, Radiators - Hot Water, See Remarks
Heating Fuel:
Gas-Natural, See Remarks
Cooling:
None,SeeRem
Water Heater:
Gas, See Remarks
Water:
Public Water, See Remarks
Sewer:
Public Sewer, Sewer Charge Extra
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
MAGNET
Middle:
MAGNET
High School:
MONTCLAIR
Community Information
County:
Essex
Town:
Montclair Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$1,450,000
Tax Amount:
$16,320
Land Assessment:
$170,000
Build. Assessment:
$309,600
Total Assessment:
$479,600
Tax Rate:
3.40
Tax Year:
2024
Listing Information
MLS ID:
4003954
List Date:
01-07-2026
Days On Market:
4
Listing Broker:
BROWN HARRIS STEVENS NEW JERSEY
Listing Agent:
Barbara Hughes
 

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RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
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Web: TownsquareVillageLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox