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52 Montrose Ter, Irvington, NJ, 07111

9beds
3baths
29,997sqft
$650,000
$22price/sqft
$8,058/moest. monthly cost
$322,320/yrincome needed

About This Home

Fully renovated in 2020, this spacious and bright three-family home is located in a rapidly growing area and offers an excellent opportunity for both investors and owner-occupants. This classic three-story property features three well-designed units, each offering an open floor plan with 3 bedrooms, 1 full bathroom, an eat-in kitchen, and a generously sized living room.Extensive upgrades completed in 2020 include new plumbing, updated electrical systems, new mechanicals, new windows, and a newly installed front sidewalk. Each unit boasts modern kitchens with soft-close cabinetry, granite countertops, and stainless steel appliances. Additional features include forced hot air heating, a combination of laminate flooring and ceramic tile throughout, and bright, comfortable living spaces.The property offers separate utilities for each unit, making it an ideal income-producing investment with affordable property taxes. Conveniently located near schools, shopping centers, and public transportation with easy access to New York City.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

4/10
3/10
University Middle SchoolGrades 6-80.3 mi
1/10
Irvington High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1908

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stone,Vinyl Siding

Notable Dates

  • Major remodel year: 2020

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Exhaust Fan,Range/Oven - Gas,Refrigerator,Kitchen Exhaust Fan,Gas Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Kitchen,Living Room,Utility Room

Heating

  • Heating features: 3 Units,Forced Air,Natural Gas

Interior Area

  • Total structure area: 29,997
  • Total interior livable area: 29,997 sqft

Property

Details

  • Parcel number: 1609001270000000450000
  • Zoning description: Residential

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Fencing: Metal Fence,Privacy

Lot

  • Lot size: 2,178 sqft
  • Features: Level
  • Lot size dimensions: 95.73 x IRREG.

Parking

  • Parking features: On Street,None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$329$3,948
Property Taxes $1,137$13,644
Electricity $3,306$39,680
Total$8,058$96,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$276,274/yr
40% on housing$241,740/yr
45% on housing$214,880/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$22This listing

vs Other Active Listings

Avg $/sqft

ZIP 07111$273
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07111$304
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-05Listed for sale$650,000
2021-03-23Sold$18,600
2020-12-28Sold$405,000
2020-10-25Pending sale$405,000
2020-10-01Price change$405,000
2020-05-12Pending sale$375,000
2020-03-24Price change$375,000
2020-03-18Listed for sale$399,000
2014-04-26Listing removed$20,000
2014-02-02Listed for sale$20,000
2009-04-13Sold$18,900
2008-12-10Listing removed$40,000
2008-12-06Price change$40,000
2008-09-01Price change$58,000
2008-08-19Listed for sale$70,000
2008-05-09Listing removed$89,900
2008-05-04Price change$89,900
2007-09-24Listed for sale$169,900
2004-10-26Sold$205,000
2004-04-15Sold$73,000
2002-05-07Sold$131,000
2001-11-08Sold$35,000
2001-03-23Sold$18,600

For Sale by Agent

AgentSusana Bances
BrokerageThe Real Estate Company

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