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  • Price$450,000
  • Beds5
  • Baths3
  • Built1914

51 New St, Montclair Twp.

Great chance to pickup a legal two family in one of NJ's most desired townships just .3 miles to NYC train. Current cap rate of about a 7% with opportunity to make improvements & increase rents. Upstairs unit is decently updated and well kept by the stable tenants with SS appliances, hardwood floors & rear sun room with washer & dryer. Lower unit includes first floor & basement with 3 bedrooms, 2 full baths, & lots of space. Young driveway allows for off street parking & garage can be additional rental income. Just blocks away from the heart of Montclair's booming downtown, Glenfield Middle School, & around the corner from the 10 year old Charles Bullock Elemantary School.

Essential Information

  • MLS® #3591208
  • Price$450,000
  • Bedrooms5
  • Bathrooms3.00
  • Full Baths3
  • Acres0.00
  • Year Built1914
  • TypeMulti Family
  • StyleUndrOver
  • StatusActive

Amenities

  • UtilitiesAll Underground, Gas In Street, Gas-Natural
  • Parking Spaces3
  • ParkingDriveway-Exclusive, Off-Street Parking
  • # of Garages1
  • GaragesDetached Garage

Exterior

  • ExteriorVinyl Siding
  • RoofAsphalt Shingle

Listing Details

  • Listing OfficeRE/MAX SELECT

Community Information

  • Address51 New St
  • CityMontclair Twp.
  • CountyEssex
  • StateNJ
  • Zip Code07042-4541

Interior

  • Interior FeaturesFire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • HeatingGas-Natural
  • Has BasementYes
  • BasementFinished

Additional Information

  • Date ListedSeptember 30th, 2019
  • Days on Market13
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Listing information last updated on October 14th, 2019 at 2:48am EDT.