76 Grove St
Montclair Twp, NJ 07042
Price: $1,450,000
GSMLS: 3968991Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 6
Baths: 4 Full
Garage: 4-Car
Year Built: 1890
Acres: 0.29
Property Tax: $16,320
Description
Discover A Prime Montclair Investment That Delivers Both Strong Returns And Unbeatable Location. This Fully Leased Four-unit Colonial Offers An Approximate 5.8% Cap Rate And Timeless Curb Appeal Just Blocks From Montclair?s Best Dining, Shopping, And Arts Scene. The Property Includes Two Spacious 2-bedroom Units, One 1-bedroom, And One Studio Apartment?each Well-maintained With Reliable Tenants. Updates Include A Newer Water Heater, Electrical Panels, And Furnace, And The Underground Oil Tank Has Already Been Removed. A Detached 4-car Garage Plus Additional Parking For 4?6 Vehicles Adds Exceptional Convenience And Potential Income. Perfectly Positioned Between Two Nyc-direct Train Stations And Moments From The Montclair Farmers Market, Wellmont Theater, And Art Museum?this Property Is An Ideal Blend Of Location, Stability, And Long-term Value.
General Info
Style:
3-Three Story
SqFt Building:
3,550
Total Rooms:
16
Basement:
Yes - Full, Unfinished, Walkout
Interior:
Carbon Monoxide Detector, See Remarks, Smoke Detector, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
Roof:
Composition Shingle
Exterior:
Aluminum Siding
Lot Size:
63X200 IRR
Lot Desc:
Level Lot
Parking
Garage Capacity:
4-Car
Description:
Detached Garage, Garage Parking, See Remarks
Parking:
Additional Parking, Blacktop, Crushed Stone, Off-Street Parking, See Remarks
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, 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:
2
Square Foot:
n/a
Fireplaces:
n/a
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:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
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
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, 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
Heating Fuel:
Gas-Natural
Cooling:
None
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:
3968991
List Date:
06-12-2025
Days On Market:
119
Listing Broker:
BROWN HARRIS STEVENS NEW JERSEY
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: DrakesvilleCondos.com
