1283 Valley Rd, Unit 7

$220,000
Price
1
Bed
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor Opportunity – Cash Buyers Only Welcome to 1283 Valley Road, Unit 7, an excellent turnkey investment opportunity located in one of Montclair’s most desirable and vibrant neighborhoods. This charming ground-level 1-bedroom, 1-bath condo is part of a beautifully restored Victorian home just steps from Montclair State University, dining, shopping, and NYC transportation. The unit is currently tenant-occupied with a lease in place through May 21, 2026, generating $1,900/month in rental income,...Investor Opportunity – Cash Buyers Only Welcome to 1283 Valley Road, Unit 7, an excellent turnkey investment opportunity located in one of Montclair’s most desirable and vibrant neighborhoods. This charming ground-level 1-bedroom, 1-bath condo is part of a beautifully restored Victorian home just steps from Montclair State University, dining, shopping, and NYC transportation. The unit is currently tenant-occupied with a lease in place through May 21, 2026, generating $1,900/month in rental income, with the tenant expressing interest in staying beyond the lease term—offering investors stable, immediate cash flow. Inside, the apartment features a renovated kitchen with granite countertops, a marble backsplash, and stainless steel appliances, along with a modern bathroom, freshly painted walls, and updated fixtures. Residents enjoy off-street parking and a PET-FRIENDLY community. Low annual taxes ($3,661) and a $382 monthly HOA fee that includes heat, hot water, insurance, landscaping, snow removal, water, and sewer make this a truly attractive, low-maintenance investment. Note: Building is non-warrantable — cash buyers only. Showings by appointment only with 24-hour notice.
  1. Listed by Hugo A. Palacios • Keller Williams Village Square Realty
    P: (973)-670-7046 hugopalacios@kw.com

Property Details for 1283 Valley Road, Unit 7

Style
Condominium
Waterfront
None
Garage
See Remarks, Pkg Spc Out
LISTING UPDATED: 11/09/2025 03:21 PM

Property Details for 1283 Valley Road, Unit 7

StatusActive - Active
MLS #25038244
Days on Market59
Taxes$3,751 / year
HOA Fees$382 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built-
CountyPassaic County

Location

Listing Courtesy of Keller Williams Village Square Realty, Hugo A. Palacios
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Building Information for 1283 Valley Road, Unit 7

Building/Complex1283 Valley RdFloor-Stories-Residences-Pet PolicyAllowedPet Policy DetailsCats Allowed,Dogs Allowed,Pets OkYear Built-

Payment Calculator

$1,782 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,087

Property Taxes

$313

HOA Dues

$382

The Payment Calculator is for illustrative purposes only.

Property Information for 1283 Valley Road, Unit 7

Summary
Location and General Information
  • Area name: Montclair
  • Building complex: None
  • Flood plain: None
  • Street Name: Valley
  • County Name: ESSEX
  • Status: Active
  • Street Number Numeric: 1283
  • Zip Code: 07043
Taxes and HOA Information
  • Other Charges: True
  • Maintenence Charges: $382.00
  • Maintenence Includes: Common Area, Heat, Hot Water, Water
  • Tax: $3,751
School Information
  • Elementary School: Call B.O.E.
  • Junior High School: Call B.O.E.
  • Senior High School: Call B.O.E.
Owner
  • Ownership: Private
Property
Lot Information
  • Unit No: 7
  • Year Built: 1900-1939
  • Views exposure: East, NY View
  • Miscellaneous: None
Property and Assessments
  • Photo Number: 24
  • CourtAppYN: No
Utilities
  • Heatcool: Baseboard, Gas
  • Cooling Type: Baseboard, Gas
Interior and Exterior Features
Interior Features
  • APPLINCLUDED: Dishwasher, Ov/Rng/Ele, Refrigerator
  • Bedrooms: 1
  • Baths full: 1
  • Baths partial: 0
  • Basement: None
  • Lifestyle: 1st Flr Mbdrm, Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
  • Full Baths Total: 1
  • Num of Baths: 1.0
Exterior Features
  • Fireplace: None
  • Building Amenities: Common Area
  • Miscellaneous: None
Agent
Sale and Listing Information
  • Items Included: Dishwasher,Ov/Rng/Ele,Refrigerator
  • Management Phone: (973) 670-7046
  • Search Class: CCT, Condominium
  • List Price: $220,000.00
  • Listing Date: 10-26-2025
  • Status Date: 11-05-2025
Showing Information
  • Internet Remarks: Investor Opportunity – Cash Buyers Only Welcome to 1283 Valley Road, Unit 7, an excellent turnkey investment opportunity located in one of Montclair’s most desirable and vibrant neighborhoods. This charming ground-level 1-bedroom, 1-bath condo is part of a beautifully restored Victorian home just steps from Montclair State University, dining, shopping, and NYC transportation. The unit is currently tenant-occupied with a lease in place through May 21, 2026, generating $1,900/month in rental income, with the tenant expressing interest in staying beyond the lease term—offering investors stable, immediate cash flow. Inside, the apartment features a renovated kitchen with granite countertops, a marble backsplash, and stainless steel appliances, along with a modern bathroom, freshly painted walls, and updated fixtures. Residents enjoy off-street parking and a PET-FRIENDLY community. Low annual taxes ($3,661) and a $382 monthly HOA fee that includes heat, hot water, insurance, landscaping, snow removal, water, and sewer make this a truly attractive, low-maintenance investment. Note: Building is non-warrantable — cash buyers only. Showings by appointment only with 24-hour notice.
Rental
Rental Information
  • Pets: Cats Allowed, Dogs Allowed, Pets Ok

Property History for 1283 Valley Road, Unit 7

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Temporarily Off Market

NJMLS #25013346

Dec 2, 2025

Temporarily Off Market

NJMLS #25026664

Dec 2, 2025

Temporarily Off Market

NJMLS #25022751

Oct 25, 2025

Listed (Active)

NJMLS #25038244

$220,000
Aug 23, 2025

Temporarily Off Market

GSMLS #3977618

Jul 27, 2025

Listed (Active)

NJMLS #25026664

$214,000
Jul 27, 2025

Temporarily Off Market

GSMLS #3972421

Jul 27, 2025

Under Contract

GSMLS #3972421

Jul 25, 2025

Listed (Active)

GSMLS #3977618

$214,000
Jun 30, 2025

Temporarily Off Market

GSMLS #3958470

Jun 30, 2025

Under Contract

GSMLS #3958470

Jun 30, 2025

Listed (Active)

GSMLS #3972421

$214,000
Jun 29, 2025

Listed (Active)

NJMLS #25022751

$214,000
May 6, 2025

Under Contract

NJMLS #25013346

Apr 25, 2025

Temporarily Off Market

GSMLS #3948746

Apr 23, 2025

Listed (Active)

GSMLS #3958470

$214,000
Apr 22, 2025

Listed (Active)

NJMLS #25013346

$214,000
Mar 3, 2025

Listed (Active)

GSMLS #3948746

$225,000
May 18, 2022

Sold (Public Record)

Public Record #1491828384

$175,000

+25.3% / yr

May 18, 2022

Sold

GSMLS #3772076

$175,000
Mar 30, 2022

Listed (Active)

GSMLS #3772076

$149,000
Jun 6, 2019

Sold (Public Record)

Public Record #647444428

$90,000

-1.5% / yr

Aug 4, 2004

Sold (Public Record)

Public Record #145312741

$112,500
DateEvent & SourcePrice
12/02/2025

Temporarily Off Market

NJMLS #25013346

12/02/2025

Temporarily Off Market

NJMLS #25026664

12/02/2025

Temporarily Off Market

NJMLS #25022751

10/25/2025

Listed (Active)

NJMLS #25038244

$220,000
08/23/2025

Temporarily Off Market

GSMLS #3977618

07/27/2025

Listed (Active)

NJMLS #25026664

$214,000
07/27/2025

Temporarily Off Market

GSMLS #3972421

07/27/2025

Under Contract

GSMLS #3972421

07/25/2025

Listed (Active)

GSMLS #3977618

$214,000
06/30/2025

Temporarily Off Market

GSMLS #3958470

06/30/2025

Under Contract

GSMLS #3958470

06/30/2025

Listed (Active)

GSMLS #3972421

$214,000
06/29/2025

Listed (Active)

NJMLS #25022751

$214,000
05/06/2025

Under Contract

NJMLS #25013346

04/25/2025

Temporarily Off Market

GSMLS #3948746

04/23/2025

Listed (Active)

GSMLS #3958470

$214,000
04/22/2025

Listed (Active)

NJMLS #25013346

$214,000
03/03/2025

Listed (Active)

GSMLS #3948746

$225,000
05/18/2022

Sold (Public Record)

Public Record #1491828384

$175,000

+25.3% / yr

05/18/2022

Sold

GSMLS #3772076

$175,000
03/30/2022

Listed (Active)

GSMLS #3772076

$149,000
06/06/2019

Sold (Public Record)

Public Record #647444428

$90,000

-1.5% / yr

08/04/2004

Sold (Public Record)

Public Record #145312741

$112,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1283 Valley Road, Unit 7

Taxable ValueLand$50,000Additions$13,200Total$63,200
Tax Record2024$3,752 ($313 / month)
Home Facts
Beds0Total Finished SqFt665 SqFtAbove Grade Finished SqFt665 SqFtStyleCondominiumYear Built1920ZoningR-A1CountyPASSAICAPN02 00074- 09-00020-0000-C0007

Schools near 1283 Valley Road, Unit 7

This home is within Clifton Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
School #16
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Clifton High School
Public9 to 12

School #2
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1283 Valley Road, Unit 7 is a condo for sale in Montclair, NJ 07043. This property was listed for sale on October 26, 2025 by Keller Williams Village Square Realty, it's currently listed at $220,000. It has been on the market for a total of 59 days and was last sold on May 18, 2022. This listing's school district is Clifton Public School District. Nearby schools include School #16, Woodrow Wilson Middle School and Clifton High School. 1283 Valley Road, Unit 7 is a 1-bed, 1-bath, condo.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Village Square Realty, Hugo A. Palacios

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/24/2025 04:01 AM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/24/2025 04:01 AM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.