Exceptional investment opportunity in the heart of Montclair! 41 & 43 Mission Street are being offered together, presenting two adjacent lots. 41 Mission featuring a grandfathered three-unit property and 43 Mission along with a shared gravel parking area. All four units are currently tenant-occupied, generating approximately $107,000 in annual income, making this an ideal turnkey investment with immediate cash flow. The three-family at 41 Mission was fully gut renovated in 2022 and showcases modern upgrades throughout, including vinyl plank flooring, updated kitchen appliances, new plumbing and electrical systems, new windows, furnaces, hot water heaters, and the added convenience of a washer and dryer in the basement. The single-family home at 43 Mission offers additional income potential or future redevelopment flexibility. Zoned R2, this unique offering provides multiple paths for value creation. Investors may choose to maintain the current income stream by extending tenant leases or explore redevelopment opportunities, including converting the single-family to a two-family or reimagining both lots once leases expire. Ideally located near NYC direct train access, Glenfield School and Park, and Montclair's vibrant restaurant and shopping scene, this property combines strong income with long-term upside in a prime location. A 3D Matterport tour is available for virtual preview. Detailed expense information will be provided to qualified buyers upon request.
Active
$1,600,000
41-43 Mission St, Montclair Twp., NJ 07042
7beds
2,862sqft
Multi Family
Built in 1887
-- sqft lot
$1,571,200 Zestimate®
$559/sqft
$-- HOA
What's special
- 72 days |
- 249 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Laurena White 973-985-8637,
Prominent Properties Sir
Source: GSMLS,MLS#: 4023097
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- 4+ Units, Baseboard - Hotwater, Natural Gas
Cooling
- 4+ Units, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Exhaust Fan, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan, Gas Water Heater
Features
- High Ceilings, See Remarks, Bedrooms, Den, Dining Room, Kitchen, Living Room, Pantry, Living/Dining Room, Storage, Ceiling Fan(s)
- Windows: Thermal Windows/Doors
- Basement: Yes,Bilco-Style Door,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,862
- Total interior livable area: 2,862 sqft
Video & virtual tour
Property
Parking
- Total spaces: 7
- Parking features: 2 Car Width, Assigned, Gravel, Lighted, Off Street, Parking Lot-Exclusive
- Uncovered spaces: 7
Features
- Levels: One,3-Three Story
- Stories: 1
- Patio & porch: Open Porch(es), Porch
- Exterior features: Curbs, Sidewalk
- Fencing: Wood
Lot
- Size: 7,650 Square Feet
- Dimensions: 85 x 90 IRR
- Features: Irregular Lot, Level, Split Possible
Details
- Parcel number: 1613031110000000100000
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle,Flat
Condition
- Year built: 1887
- Major remodel year: 2022
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities, Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available, Garbage Included
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
Location
- Region: Montclair
Financial & listing details
- Price per square foot: $559/sqft
- Tax assessed value: $777,000
- Annual tax amount: $27,320
- Date on market: 4/30/2026
- Exclusions: Tenant's possessions
- Total actual rent: 8650
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
$1,571,200
$1.49M - $1.65M
$4,113/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $1,600,000$559/sqft |
Source:  GSMLS #4023097 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 07042
Nearby schools
GreatSchools rating
- 8/10Charles H Bullock SchoolGrades: K-5Distance: 0.2 mi
- 7/10Glenfield Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10Montclair High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Magnet
- Middle: Glenfield
- High: Montclair
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Montclair
- 07042
- 41-43 Mission St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Montclair Topics
