Active

Price cut: $125K (5/7)

$1,325,000

76 Grove St, Montclair Twp., NJ 07042

6beds

3,550sqft

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Multi Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$373/sqft

$-- HOA

What's special

A rare Montclair multi-family opportunity offering timeless architecture, strong income, and a location that's second to none. This fully leased four-unit Colonial delivers approximately a 5.8% cap rate with consistent, low-maintenance income and includes two spacious 2-bedroom apartments, one 1-bedroom, and a studio. Updated systems furnace, electric panels, and water heater along with underground oil tank removal provide peace of mind, while a detached 4-car garage and additional parking for 4"6 vehicles offer added convenience and income potential. Ideally situated between two NYC-direct train stations and just steps from Montclair's vibrant downtown restaurants, boutiques, caf s, and the Wellmont Theater, this is a compelling opportunity for the savvy investor or owner seeking long-term stability in one of New Jersey's most desirable rental markets.

170 days

469

8

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

1 Unit, Baseboard - Hotwater, Radiators - Hot Water, See Remarks, Natural Gas

Cooling

Has cooling: Yes

Appliances

Included: Exhaust Fan, Range/Oven - Electric, Refrigerator, See Remarks, Range/Oven - Gas, Gas Water Heater, Water Heater (See Remarks)

Features

High Ceilings, See Remarks, Walk-In Closet(s), Bedrooms, Dining Room, Kitchen, Living Room, Storage
Flooring: Tile, Vinyl-Linoleum Floors, Wood
Windows: Stain Glass Windows
Basement: Yes,Full,Unfinished,Walk-Out Access
Number of fireplaces: 3

Interior area

Total structure area: 3,550
Total interior livable area: 3,550 sqft

Property

Parking

Total spaces: 8
Parking features: Crushed Stone, Off Street, See Remarks, Detached Garage
Garage spaces: 4
Uncovered spaces: 8

Features

Levels: 3-Three Story
Stories: 3
Exterior features: See Remarks
Fencing: Partial

Lot

Size: 0.29 Acres
Dimensions: 63 x 200 IRR
Features: Level

Details

Parcel number: 1613032120000000290000
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

See Remarks
Roof: Composition Shingle,See Remarks

Condition

Year built: 1890
Major remodel year: 9999

Utilities & green energy

Sewer: Public Sewer, Sewer Charge Extra
Water: Public, See Remarks
Utilities for property: See Remarks

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector

Location

Region: Montclair

Financial & listing details

Price per square foot: $373/sqft
Tax assessed value: $479,600
Annual tax amount: $16,320
Date on market: 1/7/2026
Exclusions: Tenant's PErsonal Belongings
Total actual rent: 6985
Tenant pays: Electricity, Tenant Pays Electric

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/7/2026	Price change	$1,325,000-8.6%$373/sqft
Source: GSMLS #4003954 Report a problem
1/7/2026	Listed for sale	$1,450,000$408/sqft
Source: GSMLS #4003954 Report a problem
12/31/2025	Listing removed	$1,450,000$408/sqft
Source: NJMLS #25020466 Report a problem
6/13/2025	Listed for sale	$1,450,000$408/sqft
Source: NJMLS #25020466 Report a problem
11/8/2017	Listing removed	$1,800$1/sqft
Source: RE/MAX VILLAGE SQUARE #3425227 Report a problem
10/17/2017	Listed for rent	$1,800+5.9%$1/sqft
Source: RE/MAX Village Square - Upper Montclair #3425227 Report a problem
2/12/2016	Listing removed	$1,700
Source: RE/MAX Village Square - Upper Montclair #3269987 Report a problem
12/9/2015	Listed for rent	$1,700-24.4%
Source: RE/MAX Village Square - Upper Montclair #3269987 Report a problem
6/11/2015	Listing removed	$2,250$1/sqft
Source: RE/MAX Village Square - Upper Montclair #3224097 Report a problem
5/21/2015	Listed for rent	$2,250+40.6%$1/sqft
Source: RE/MAX Village Square - Upper Montclair #3224097 Report a problem
1/8/2015	Listing removed	$1,600
Source: RE/MAX of New Jersey #3184008 Report a problem
11/15/2014	Listed for rent	$1,600-8.6%
Source: RE/MAX Village Square - Upper Montclair #3184008 Report a problem
4/19/2013	Listing removed	$1,750
Source: RE/MAX Village Square - Upper Montclair #2993967 Report a problem
1/28/2013	Listed for rent	$1,750-16.7%
Source: RE/MAX Village Square - Upper Montclair #2993967 Report a problem
9/4/2011	Listing removed	$2,100$1/sqft
Source: PRIME REALTY Report a problem
8/22/2011	Listed for rent	$2,100$1/sqft
Source: PRIME REALTY Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$16,863 +3.3%	$479,600
2024	$16,321 +3.5%	$479,600
2023	$15,769 +1.8%	$479,600
2022	$15,496 +1.6%	$479,600
2021	$15,246 +1%	$479,600
2020	$15,088 +41.1%	$479,600
2019	$10,690	$479,600
2018	$10,690 -16%	$479,600 +36.9%
2017	$12,734 +3.1%	$350,400
2016	$12,355 +3.5%	$350,400
2015	$11,942 +3.2%	$350,400
2014	$11,567 -20.6%	$350,400
2012	$14,572 +1.7%	$350,400 -38.4%
2011	$14,333 +5.5%	$569,000
2010	$13,582 +3.7%	$569,000
2009	$13,093 +7%	$569,000
2008	$12,234 +4.1%	$569,000
2007	$11,749	$569,000 +159.6%
2006	--	$219,200
2005	--	$219,200
2004	$10,763	$219,200
2003	--	$219,200
2002	--	$219,200
2001	--	$219,200

Find assessor info on the county website

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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.

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