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William Kane Halick, MBA

bhalick@njhomesmart.com +1(973) 354-5000

$ 1,275,000

Est. payment | -/mo

6 Beds

3 Baths

4,791 Sqft Lot

Save

$ 1,275,000

Est. payment | -/mo

Save

6 Beds

3 Baths

4,791 Sqft Lot

OPEN HOUSE

Sat Nov 02, 12:00pm - 3:00pm

Sun Nov 03, 2:00pm - 5:00pm

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Walnut Street District

MLS Listing ID 3931360

Style 3-Three Story, Under/Over

Bedrooms 6

Full Baths 3

Year Built 1922

Annual Tax Amount $14,612

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

Montclair Multifamily with Zoning approved ADU plans! This 2-Family property is perfectly turnkey, income ready WITH room to add value over time WITH a tremendous head start. The owner occupied first floor unit (2 bed/1 bath) has been recently renovated and re-imagined with an astute attention to detail. The brand new open concept kitchen, ductless Mini-Split heating/cooling, and laundry in unit provides true comfort and convenience. New hardwood floors plus ceiling furring channels & R19 insulation makes for valued peace and quiet. Upstairs offers a 4 bd/2 ba duplex unit with a completely separate front entrance, separate utilities, laundry in-unit, and a stellar front sunroom. Unit 2 was most recently collecting $3,700/month but is now ready for your fresh start. Both units have access to the back staircase which takes you to the full span basement with tons of storage space, additional laundry hook-ups and your future ADU. Complete construction plans and approvals will be conveyed at closing for an accessory dwelling unit with 8'-4 ceilings, a new front entrance and complete fire suppression sprinkler system. Enjoy thoughtful recent updates, while planning and executing the final stage of improvements - all while in the heart of Montclair w/ great restaurants, parks, NYC commute options and recreation. An opportunity not to be missed.

Location

State NJ

County Essex

Zoning R2

Rooms

Basement Full, Unfinished

Interior

Interior Features Smoke Detector, Tile Floors, Window Treatments, Wood Floors

Heating Gas-Natural

Cooling 3 Units, Ductless Split AC, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Garage None

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Parking Type Blacktop, Crushed Stone, Off-Street Parking

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, Under/Over

Schools

Elementary Schools Magnet

Middle Schools Magnet

High Schools Montclair

Others

Senior Community No

Listed by COMPASS NEW JERSEY LLC

Making real estate simple, fun and easy for you!

+1(973) 354-5000

bhalick@njhomesmart.com

1599 Hamburg Turnpike, Wayne, NJ, 07470

46 James St Montclair Twp., NJ 07042