76 Grove St, Unit 4

Montclair, NJ 07042

$1,450,000
Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Discover a prime Montclair investment that delivers both strong returns and unbeatable location. This fully leased four-unit Colonial offers an approximate 5.8% cap rate and timeless curb appeal just blocks from Montclair? s best dining, shopping, and arts scene. The property includes two spacious 2-bedroom units, one 1-bedroom, and one studio apartment? each well-maintained with reliable tenants. Updates include a newer water heater, electrical panels, and furnace, and the underground oil tank has...Discover a prime Montclair investment that delivers both strong returns and unbeatable location. This fully leased four-unit Colonial offers an approximate 5.8% cap rate and timeless curb appeal just blocks from Montclair? s best dining, shopping, and arts scene. The property includes two spacious 2-bedroom units, one 1-bedroom, and one studio apartment? each well-maintained with reliable tenants. Updates include a newer water heater, electrical panels, and furnace, and the underground oil tank has already been removed. A detached 4-car garage plus additional parking for 4? 6 vehicles adds exceptional convenience and potential income. Perfectly positioned between two NYC-direct train stations and moments from the Montclair Farmers Market, Wellmont Theater, and Art Museum? this property is an ideal blend of location, stability, and long-term value.
  1. Listed by BARBARA HUGHES • BROWN HARRIS STEVENS NEW JERSEY

Property Details for 76 Grove Street, Unit 4

Directions
Grove St, between Claremont & Glenridge Avenues
Days On Market
117
LISTING UPDATED: 10/07/2025 06:03 PM

Property Details for 76 Grove Street, Unit 4

StatusActive
MLS #3968991
Days on Market201
Taxes$16,320 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1890
Lot Size0.29 AC / 12,632 SF
CountyEssex County

Location

Listing Courtesy of BROWN HARRIS STEVENS NEW JERSEY, BARBARA HUGHES
Add your commute

Building Information for 76 Grove Street, Unit 4

Stories-Residences4Year Built1890Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$8,525 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,165

Property Taxes

$1,360

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 76 Grove Street, Unit 4

Summary
Location and General Information
  • Zoning: Residential
  • Address Included: Y
  • Middle/Jr High School: MAGNET
  • Grade School: MAGNET
  • High School: MONTCLAIR
  • Active Days on Market: 117
  • Renovated Year: 9999
  • County #: Essex
  • Town Name: Montclair Twp.
  • Block Identifier: 3212
  • Listing Type: Exclusive Right to Sell
  • Town #: 1613.0
  • Unit #: 4
  • Street # Display: 76.0
  • # Parking Spaces: 8
  • County Or Parish: Essex
  • Street Name: Grove St
  • Zip Code: 07042-3723
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • County Tax: *
  • Tax Amount: $16,320
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 479600.0
  • Tax ID For Property: 1613-03212-0000-00029-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Additional Parking, Blacktop, Crushed Stone, Off-Street Parking, See Remarks
  • # Garage Spaces: 4
  • Garage Description: Detached Garage, Garage Parking, See Remarks
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 29
  • Approximate Lot Size: 63X200 IRR
  • Total Acres: 0.29
  • Construction Date/Year Built: 1890
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 309600.0
  • Assessment Land: 170000.0
  • Farm Assessment: No
Utilities
  • Cooling: No Cool
  • Utilities: See Remarks
  • Water: Public Water, See Remarks
  • Water Heater: Gas, See Remarks
  • Heating: 1 Unit, Baseboard - Hotwater, Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer, Sewer Charge Extra
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Partially Fenced, See Remarks
Interior Features
  • Interior Features: Carbon Monoxide Detector, See Remarks, Smoke Detector, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
  • Roof Description: Composition Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, See Remarks, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 1.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 06-30-2026
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 1 Rent: 2535.0
  • Unit 1 Room Description: Bedrooms, Den, Dining Room, Kitchen, Living Room, See Remarks
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 3700.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 06-30-2026
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 2 Rent: 1250.0
  • Unit 2 Room Description: Bedrooms, Kitchen, See Remarks
  • Unit 2 Rooms: 2.0
  • Unit 2 Security Deposit: 1875.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Lease Expiration: 06-30-2026
  • Unit 3 Levels: 2.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 3 Rent: 1330.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, See Remarks, Smoke Detector
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Lease Expiration: 09-30-2025
  • Unit 4 Levels: 3.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
  • Unit 4 Rent: 1870.0
  • Unit 4 Room Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 2800.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $26,657.00
  • Expenses Include: All Utilities, Insurance, See Remarks, Taxes
  • Net Operating Income: $58,123.00
  • Gross Operating Income: $84,780.00
Rental
Rental Information
  • Home Warranty: false

Property History for 76 Grove Street, Unit 4

DateEvent & SourcePriceAppreciation
Jun 12, 2025

Listed (Active)

GSMLS #3968991

$1,450,000—
DateEvent & SourcePrice
06/12/2025

Listed (Active)

GSMLS #3968991

$1,450,000

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

Schools near 76 Grove Street, Unit 4

This home is within Montclair Public School District.
Rating
School
Type
Grades
Distance
Charles H Bullock School
Public - K to 5
Glenfield Middle School
Public - 6 to 8
Montclair High School
Public - 9 to 12
Hillside Elementary School
Public - 3 to 5
Rating
School
Distance
Charles H Bullock School
PublicK to 5

Glenfield Middle School
Public6 to 8

Montclair High School
Public9 to 12

Hillside Elementary School
Public3 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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More information about 76 Grove Street, Unit 4, Montclair, NJ 07042

76 Grove Street, Unit 4 is a multi-family home for sale in Montclair, NJ 07042. This property was listed for sale on June 12, 2025 by BROWN HARRIS STEVENS NEW JERSEY, it's currently listed at $1,450,000. This listing's school district is Montclair Public School District. Nearby schools include Charles H Bullock School, Glenfield Middle School and Montclair High School. 76 Grove Street, Unit 4 is a 6-bed, 4-bath, multi-family home built in 1890.

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 BROWN HARRIS STEVENS NEW JERSEY, BARBARA HUGHES

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