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$679,000

Est. payment - /mo

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5 Beds

3 Baths

1,735 SqFt

Open Thu 4PM-6PM

27 William St Montclair Twp., NJ 07042

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Christina "Chrissy Keys" Gelpi

chrissy@chrissykeys.com +1(732) 485-9393

OPEN HOUSE

Thu Apr 10, 4:00pm - 6:00pm

Fri Apr 11, 10:00am - 12:00pm

Sat Apr 12, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,735 sqft

Price per Sqft $391

Subdivision Frogtown/Walnut Street

MLS Listing ID 3954792

Style 3-Three Story, Triplex

Bedrooms 5

Full Baths 3

Year Built 1907

Annual Tax Amount $12,056

Tax Year 2024

Lot Size 4,356 Sqft

Property Description

Rare, THREE unit multifamily property in Montclair with charming front porch, ample parking on site, and a fenced backyard space. Unit 1 has two bedrooms, one bath, a renovated kitchen and bathroom, plus direct interior access from the parking area. Unit 1 is now vacant. Unit 2 has two bedrooms, 1 bathroom and is rented for $1,530/month. Lease expires 10/31/2025. Unit 3 is a one bedroom/studio apartment rented for $1,250/month. Lease expires 10/31/2025. Tenants pay for gas and electric. Owner pays for water and sewer. None of the tenants have pets. Parking is included in leases. The basement has interior and exterior access, offering space for tenant storage and shared laundry. The property is just 3 blocks from Walnut Street and just 5 blocks to Bloomfield Ave. Great opportunity to buy with active, established income in place. Buyers will have many options for improvement, conversion, or to owner occupy. The lifestyle of this location is second to none with access to Walnut Street train station to NYC, the Mid-Valley business district with multiple cafe's, classic Tierneys, Enzo's and Hot Bagels Abroad. Natural beauty is just around the corner with Van Vleck Gardens and Edgemont Park.

Location

State NJ

County Essex

Zoning R2

Rooms

Basement Full, Unfinished

Interior

Interior Features Tile Floors, Vinyl-Linoleum Floors, Window Treatments

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features None

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Sewer Public Available

Water Public Water

Architectural Style 3-Three Story, Triplex

Schools

Elementary Schools Magnet

Middle Schools Magnet

High Schools Montclair

Others

Senior Community No

Listed by COMPASS NEW JERSEY LLC

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Christina "Chrissy Keys" Gelpi

Agent | License ID: 1329223

+1(732) 485-9393