79 Valley Road

Sold 10/27/16
Sold 10/27/16
Gallery Image 1
Sold
Last Sold Price
$850,000
9 beds
79 Valley Rd, Montclair, NJ 07042
Multi FamilyProperty Type
0.24 acresLot Size
1897Year Built
6 carsParking Spaces

Description

Fabulous 4 family in the heart of town. Interesting architectural details throughout. Well maintained and in excellent condition. Parking for 6+ cars and garage space for 2 at an additional charge. Property manager in place for many years and good tenants. Rents are on the low side. Excellent positive income investment property; 3 units have standard leases and 1 is m/m. Currently occupied and fully rented. Ideally located in the heart of downtown Montclair for dining, shopping, entertainment, houses...Fabulous 4 family in the heart of town. Interesting architectural details throughout. Well maintained and in excellent condition. Parking for 6+ cars and garage space for 2 at an additional charge. Property manager in place for many years and good tenants. Rents are on the low side. Excellent positive income investment property; 3 units have standard leases and 1 is m/m. Currently occupied and fully rented. Ideally located in the heart of downtown Montclair for dining, shopping, entertainment, houses of worship, the library and museum, and the ever important NYC commute. Coin washer/dryer in basement.
  • Listed by: PATRICIA O NEILL • PROMINENT PROPERTIES SIR
Listing closed: 10/27/2016 12:00 AM • Source: GSMLS Back Office, MLS#: 3314744

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Property Information for 79 Valley Road

Property Details
  • Taxes: $20,327 / year
  • MLS Type: Multi Family
  • County: Essex County
  • Directions: Corner of Montague and Valley
  • Days On Market: 100
Building Information
  • Residences: 4
  • Year Built: 1897
  • Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
  • Middle/Jr High School: MAGNET
  • Grade School: MAGNET
  • High School: MAGNET
  • Active Days on Market: 100
  • Comprehensive Days on Mkt: 0
  • County #: Essex
  • Town Name: Montclair Twp.
  • Block Identifier: 2214
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Yellow
  • Town #: 1613.0
  • Street # Display: 79.0
  • # Parking Spaces: 4
  • County Or Parish: Essex
  • Street Name: Valley Rd
  • Zip Code: 07042-2210
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $20,327
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 576500.0
  • Tax ID For Property: 1613-02214-0000-00001-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year: 2015
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Parking Lot-Exclusive, Blacktop, Off-Street Parking
  • # Garage Spaces: 2
  • Garage Description: Assigned, Built-In Garage
Property
Lot Information
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 1
  • Approximate Lot Size: 10300SF
  • Total Acres: 0.24
  • Construction Date/Year Built: 1897
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 422500.0
  • Assessment Land: 154000.0
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas
  • Heating: 1 Unit, Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer, Sewer Charge Extra
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stucco
  • Exterior Features: Patio
Interior Features
  • Interior Features: High Ceilings, Smoke Detector, Fire Extinguisher, Carbon Monoxide Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Smoke Detector, Range/Oven - Gas, Refrigerator, Dishwasher
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 1.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 10-31-2016
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 1650.0
  • Unit 1 Room Description: Kitchen, Porch, Bedrooms, Living Room
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 1650.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Smoke Detector, Range/Oven - Gas, Refrigerator, Dishwasher
  • Unit 2 Baths: 2.1
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 1.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 06-30-2017
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 2 Rent: 2138.0
  • Unit 2 Room Description: Dining Room, Kitchen, Bedrooms, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 2138.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Smoke Detector, Range/Oven - Gas, Refrigerator, Dishwasher
  • Unit 3 Baths: 1.5
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 1.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Lease Expiration: 05-31-2017
  • Unit 3 Levels: 2.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 3 Rent: 1695.0
  • Unit 3 Room Description: Kitchen, Bedrooms, Living Room
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 1695.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Smoke Detector, Range/Oven - Gas, Refrigerator, Dishwasher
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 1.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Lease Expiration: 09-30-2016
  • Unit 4 Levels: 3.0
  • Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 4 Rent: 1670.0
  • Unit 4 Room Description: Kitchen, Bedrooms, Living Room
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 1670.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $34,957.00
  • Expenses Include: Heat, Hot & Cold Water, Insurance, Taxes
  • Net Operating Income: $51,623.00
  • Gross Operating Income: $86,580.00
Rental
Rental Information
  • Home Warranty: false

Property History for 79 Valley Road

DateEvent & SourcePriceAppreciation
Oct 27, 2016

Sold (Public Record)

Public Record #616224455

$850,000—
Oct 27, 2016

Sold

GSMLS #3314744

$850,000—
Jun 14, 2016

Listed (Active)

GSMLS #3314744

$810,000—
DateEvent & SourcePrice
10/27/2016

Sold (Public Record)

Public Record #616224455

$850,000
10/27/2016

Sold

GSMLS #3314744

$850,000
06/14/2016

Listed (Active)

GSMLS #3314744

$810,000

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

Public Records for 79 Valley Road

Taxable ValueLand$181,400Additions$522,400Total$703,800
Tax Record2025$24,746 ($2,062 / month)
Home Facts
Beds0Total Finished SqFt4,215 SqFtAbove Grade Finished SqFt4,215 SqFtStories2Lot Size10,302 SqFtStyleSingle Family ResidenceYear Built1897Year Renovated1897ZoningR2CountyESSEXAPN13-02214-0000-00001

Schools near 79 Valley Road

This home is within Montclair Public School District.
Rating
School
Type
Grades
Distance
Hillside Elementary School
Public - 3 to 5
Renaissance Middle School
Public - 6 to 8
Montclair High School
Public - 9 to 12
Charles H Bullock School
Public - K to 5
Rating
School
Distance
Hillside Elementary School
Public3 to 5

Renaissance Middle School
Public6 to 8

Montclair High School
Public9 to 12

Charles H Bullock School
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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Listing Courtesy of PROMINENT PROPERTIES SIR, PATRICIA O NEILL

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: 10/01/2026 09:33 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 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: 10/01/2026 09:33 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.