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73 Glenridge Ave #2, Montclair, NJ, 07042

8beds
4baths
3,450sqft
$1,600,000
$464price/sqft
$11,655/moest. monthly cost
$466,200/yrincome needed

About This Home

Rare opportunity to buy a renovated investment Property in Montclair, NJ only 1 block from Bay Street Train Station. Perfect for 1031 exchange buyers, investment property owners or an owner occupant who is looking live in one of the units and collect rental income to offset their mortgage. The Property consists of a 2-family home, a finished office at basement level which was used by the prior owner, 6 rentable parking spots, 3 rentable storage units in the basement and conceptional renderings to convert the 2nd floor duplex to a 3-unit rental property. All the apartments are currently occupied and the pictures were taken when the apartments were vacant. This property can also be sold as a packaged deal with 75 Glenridge Ave (MLS: 4017751): consisting of a 3-family home, a single family home, a commercial retail space currently used for storage, 13 rentable parking spots, 3 rentable storage units in the basement. (Apt #1: 3-bed, 1-bath. / Apt #2: 3-bed, 1-bath. / Apt #3: 1-bed, 1-bath. / House: 3-bed, 1.5-bath +retail). Financials are available upon request.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

8/10
Charles H Bullock SchoolGrades K-50.2 mi
6/10
Glenfield Middle SchoolGrades 6-80.3 mi
6/10
Montclair High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1902

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stucco

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range/Oven - Gas,Refrigerator,Washer/Dryer Stacked,Microwave Oven,Stackable Washer/Dryer,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Dining Room,Eat-in Kitchen,Living Room,Eat-In Kitchen

Heating

  • Heating features: Baseboard - Hotwater,Natural Gas

Interior Area

  • Total structure area: 3,450
  • Total interior livable area: 3,450 sqft

Property

Details

  • Parcel number: 1613042080000000390000
  • Zoning description: R4

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 4,590 sqft
  • Features: Level
  • Lot size dimensions: 45 x 102 IRR

Parking

  • Total spaces: 6
  • Parking features: Assigned
  • Uncovered spaces: 6