This exceptional mixed-use investment is located in the heart of Montclair and offers modern renovations, reliable income, and strong long-term rental potential. This corner property combines street level retail with two beautifully updated residential units (renovated 2025!) above, all in a highly desirable location.The ground floor features an income-producing retail space with less than five years remaining on its lease and strong upside potential, ensuring steady cash flow from day one and built in future rent growth. Above are two fully renovated apartments, each featuring hardwood floors, oversized windows, stackable washer/dryers, private decks, and dedicated parking.The second-floor apartment offers 2 bedrooms and 1 bath across almost 1,000 sq ft, with an open layout and a sun-drenched, modern kitchen. The third-floor 1 bedroom 1-bath unit spans close to 900 sq ft and includes an oversized kitchen and updated bath. Both units are stylish and offer modern amenities such as contemporary kitchens and baths, private outdoor spaces, and split ac/heating systems.With a quality tenants in place and low maintenance turn key spaces, this property presents an ideal opportunity for investors seeking stability, appreciation, and immediate income in one of Montclair's most sought-after locations.
166 days
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878
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63
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Zillow last checked:
Listing updated:
Listed by:
Frank Darden Moorefield201-659-8600,
Keller Williams City Life Realty
Source: GSMLS,MLS#: 4012857
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2.1
Full bathrooms: 2
1/2 bathrooms: 1
Heating
3 Units, See Remarks, Electric
Cooling
3 Units, Ductless Split AC
Appliances
Included: See Remarks, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Stackable Washer/Dryer, Gas Water Heater
Laundry: Laundry Room
Features
See Remarks, Bedrooms, Dining Room, Kitchen, Living Room, Eat-In Kitchen
Flooring: Wood
Basement: Yes,Unfinished
Has fireplace: No
Interior area
Total structure area: 1,833
Total interior livable area: 1,833 sqft
Property
Parking
Total spaces: 3
Parking features: Parking Lot-Exclusive
Uncovered spaces: 3
Features
Levels: 3-Three Story
Stories: 3
Patio & porch: Open Porch(es), Porch
Fencing: Wood
Lot
Size: 2,370 Square Feet
Dimensions: 30 x 79 IRR
Features: Corner Lot
Details
Parcel number: 1613019070000000050000
Zoning description: R2
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick, Vinyl Siding
Roof: Asphalt Shingle
Condition
Year built: 1885
Major remodel year: 2025
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected
Community & HOA
Community
Security: Carbon Monoxide Detector, Smoke Detector, Fire Alarm Sys, Fire Extinguisher
Location
Region: Montclair
Financial & listing details
Price per square foot: $543/sqft
Tax assessed value: $399,900
Annual tax amount: $11,444
Date on market: 3/5/2026
Exclusions: Personal property
Total actual rent: 6800
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas