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56 Pine Street, Verona, NJ, 07044

4beds
2baths
1,658sqft
$724,950
$437price/sqft
$5,294/moest. monthly cost
$211,760/yrincome needed

About This Home

Rare opportunity to own a fully updated two-family home in desirable Verona. Each unit features two bedrooms, one bathroom, a spacious living room, and eat-in kitchen. Separate utilities with gas heating provide convenience for both owner-occupants and investors. Property includes a deck, unfinished basement offering additional storage or potential use, and a private yard.Both units are vacant, providing flexibility for immediate occupancy or market-rate rental income. Located near parks, shopping, restaurants, and transportation with easy access to Montclair and NYC commuting options. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1896

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Full bathrooms: 2

Property

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 1
  • Parking features: 2 Car Width,Additional Parking
  • Uncovered spaces: 1

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
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 $3,665$43,980
Home Insurance *$168$2,016
Property Taxes $1,268$15,216
Electricity $193$2,318
Total$5,294$63,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$181,508/yr
40% on housing$158,820/yr
45% on housing$141,173/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

$437This listing

vs Other Active Listings

Avg $/sqft

ZIP 07044$387
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

No price history available

For Sale by Agent

AgentNeixa Capdevila
BrokerageAll Star Real Estate Agency

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