About 76 Grove Street
A solid performer in the heart of Montclair—this fully leased four-unit Colonial offers approximately a 5.8% cap rate and consistent, low-maintenance income. Featuring two large 2-bedroom apartments, one 1-bedroom, and a studio unit, the property has updated systems (furnace, electric panels, and water heater) and a removed underground oil tank for peace of mind. The detached 4-car garage and additional parking for 4–6 cars open the door to added revenue potential. Steps from downtown Montclair’s vibrant restaurants, shops, and commuter trains to NYC, this is a rare chance to own a turnkey multi-family in one of New Jersey’s most sought-after rental markets.
Features of 76 Grove Street
| MLS® # | 25020466 |
|---|---|
| Price | $1,450,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Type | 2-4 Family |
| Style | Mixedflr |
| Status | Active |
Community Information
| Address | 76 Grove Street |
|---|---|
| City | Montclair |
| County | ESSEX |
| State | NJ |
| Zip Code | 07042 |
Amenities
| Utilities | See Remarks, Electricity Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | June 12th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Barbara P. Hughes |
|---|---|
| Office | Brown Harris Stevens New Jersey |