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60 Martin Rd, Verona, NJ, 07044

4beds
2baths
0sqft
$575,000
--price/sqft
$4,239/moest. monthly cost
$169,560/yrincome needed

About This Home

Calling all investors, builders, visionaries, and those with an eye for potential! This rare two-family property in the heart of Verona is ready for its next chapter. Requiring a complete renovation, this is the perfect opportunity to restore, reimagine, and create something truly special. Whether you're looking to design a long-term income-producing property, renovate and occupy one unit while renting the other, or add a valuable asset to your investment portfolio, the possibilities here are endless. Bring your architect, your contractor, and your imagination this is a true blank canvas waiting to be transformed. Located in one of Essex County's most sought-after communities, you'll enjoy Verona's vibrant downtown, beautiful parks, top-rated restaurants, convenient commuting options, and strong sense of community. Opportunities to create value in a location like this don't come along often. If you've been searching for your next project with exceptional upside, this is the one.

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
8/10
Verona High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1909

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Eat-in Kitchen,Living Room,Pantry,Attic,Eat-In Kitchen
  • Flooring: Carpet

Heating & Cooling

  • Heating features: 1 Unit,Electric,Oil Tank Above Ground - Inside
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1620009100000000120000
  • Zoning description: Residential

Features

  • Patio & porch: Patio
  • Exterior features: Sidewalk

Lot

  • Lot size: 0.39 Acres
  • Features: Level
  • Lot size dimensions: 70 x 245

Parking

  • Total spaces: 6
  • Parking features: 1 Car Width,Asphalt,Off Street
  • Uncovered spaces: 6

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

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
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 $2,907$34,884
Home Insurance *$133$1,596
Property Taxes $1,006$12,072
Electricity $193$2,318
Total$4,239$50,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,337/yr
40% on housing$127,170/yr
45% on housing$113,040/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07044$393
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07044$510
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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Listed for sale$575,000
2026-08-04Listing removed$575,000
2026-07-10Listed for sale$575,000

For Sale by Agent

AgentAmanda Corry
BrokerageCompass New Jersey Llc

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