51 New St

Estimated Monthly Payment: $2,769/mo 51 New St, Montclair Twp., NJ 07042 MLS# 3591208 Multi-Family Listing Status: Active
5
3
19
7
0
0

REMARKS:

Great chance to pickup a legal two family in one of NJ's most desired townships just .3 miles to NYC train. Current cap rate of about a 7% with opportunity to make improvements & increase rents.Upstairs unit is decently updated and well kept by the stable tenants with SS appliances, hardwood floors & rear sun room with washer & dryer. Lower unit includes first floor & basement with 3 bedrooms, 2 full baths, & lots of space. Young driveway allows for off street parking & garage can be additional rental income. Just blocks away from the heart of Montclair's booming downtown, Glenfield Middle School, & around the corner from the 10 year old Charles Bullock Elemantary School.

OVERVIEW:

Multi-Family
Active
1914
Vinyl Siding
Asphalt Shingle
Detached Garage
1
Driveway-Exclusive, Off-Street Parking
Level Lot
2 Units
Gas-Natural
None
Public Water
Public Sewer
All Underground, Gas In Street, Gas-Natural

FEATURES:

Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector

ROOM INFO:

5
3
Finished

FINANCIAL:

$450,000
$8,604
2018

NEIGHBORHOOD & SCHOOL INFORMATION:

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