32-34 Grant Street

Montclair, NJ 07042

$1,200,000
Price
8
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Package deal. Turn Key Operation! Two income producing two-family properties directly side by side, in buzzing Downtown Montclair, just 200' from Bay Street train station to NYC. Close to Bloomfield Ave and Walnut St. shopping and restaurants. All utilities separately metered. Tenants pay for Gas, including heat, Electric and water. Owner only pays for Sewer, R.E. Taxes, Insurance and common hallway electric.Tenants are responsible and required to keep the property and sidewalk clean, remove the...Package deal. Turn Key Operation! Two income producing two-family properties directly side by side, in buzzing Downtown Montclair, just 200' from Bay Street train station to NYC. Close to Bloomfield Ave and Walnut St. shopping and restaurants. All utilities separately metered. Tenants pay for Gas, including heat, Electric and water. Owner only pays for Sewer, R.E. Taxes, Insurance and common hallway electric.Tenants are responsible and required to keep the property and sidewalk clean, remove the snow and take care of garbage removal on town's schedule pick up days. Storage units and laundry hook-ups for each apartment are located in the basement. These two properties come with shared parking lot for 10-12 cars, private, paved patios and the area for vegetable gardens or flower beds. Ask for income and expenses.

Listing Agent

  1. Pierce Conway

    Pierce Conway

    Listing Agent

    Compass

Property Details for 32-34 Grant Street

Directions
Bloomfield to Pine Street. Pine Street to Grant.
Days On Market
29
Section/Subdiv/Development
Downtown Montclair
Add your commute
LISTING UPDATED: 04/11/2024 03:31 PM

Property Details for 32-34 Grant Street

StatusUnder Contract
MLS #3890657
Days on Market29
Taxes$22,771 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex-Side by Side
Year Built1925
Lot Size0.18 AC / 7,840 SF
CountyEssex County
Add your commute

Building Information for 32-34 Grant Street

Stories-Residences4Year Built1925Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$8,446 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,898

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 32-34 Grant Street

Summary
Location and General Information
  • Zoning: R2
  • Middle/Jr High School: MAGNET
  • Grade School: MAGNET
  • High School: MONTCLAIR
  • Active Days on Market: 29
  • County #: Essex
  • Town Name: Montclair Twp.
  • Block Identifier: 4210
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Brick/Tan
  • Town #: 1613.0
  • # Parking Spaces: 10
  • County Or Parish: Essex
  • Street Name: Grant St
  • Zip Code: 07042
  • Total Units: 4
Taxes and HOA Information
  • Block ID Tax: *
  • County Tax: *
  • Tax Amount: $22,771
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Assessment Total: 673700.0
  • Tax ID For Property: 1613-04210-0000-00007-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
Parking
  • Parking/Driveway Description: Driveway-Shared, Gravel, Off-Street Parking, See Remarks
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 7
  • Approximate Lot Size: 50 X 153 IRR
  • Total Acres: 0.18
  • Construction Date/Year Built: 1925
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 335000.0
  • Assessment Land: 338700.0
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Fiber Optic Available
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 4 Units, Multi-Zone, Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Stucco
  • Exterior Features: Deck, Patio, Sidewalk, Wood Fence
Interior Features
  • Interior Features: Carpeting, Tile Floors, Window Treatments, Wood Floors
  • Roof Description: Asphalt Shingle, Rubberized
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished-Partially, Full
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 05-01-2024
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 1969.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 2953.0
  • Unit 1 Sq Ft: 650.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.1
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 12-31-2024
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 1892.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Pantry
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 2838.0
  • Unit 2 Sq Ft: 650.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Lease Expiration: 11-30-2024
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 3 Rent: 1850.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Pantry, Porch
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 2775.0
  • Unit 3 Sq Ft: 650.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, 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: 09-30-2024
  • Unit 4 Levels: 2.0
  • Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 4 Rent: 2000.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 3000.0
  • Unit 4 Sq Ft: 650.0
Multi-Family Information
  • Unit Style: Duplex-Side by Side
Income & Expenses Information
  • Total Operating Expense: $28,406.00
  • Expenses Include: Insurance, See Remarks, Taxes
  • Net Operating Income: $64,365.00
  • Gross Operating Income: $92,532.00
Rental
Rental Information
  • Home Warranty: false

Property History for 32-34 Grant Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 32-34 Grant Street

Taxable ValueLand$169,200Additions$132,400Total$301,600
Tax Record2022$9,917 ($826 / month)
Home Facts
Beds0Total Finished SqFt1,760 SqFtAbove Grade Finished SqFt1,760 SqFtStories2Lot Size3,825 SqFtStyleSingle Family ResidenceYear Built1925ZoningR2CountyESSEXAPN13 04210-0000-00007

Schools near 32-34 Grant Street

This home is within Montclair Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK 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
PublicPK 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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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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 05/04/2024 12:09 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.