About 76 Grove St
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.
Features of 76 Grove St
| MLS® # | 3968991 |
|---|---|
| Price | $1,450,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,550 |
| Acres | 0.29 |
| Year Built | 1890 |
| Type | Multi-Family |
| Style | ThreStry |
| Status | Active |
Community Information
| Address | 76 Grove St |
|---|---|
| City | Montclair Twp. |
| County | Essex |
| State | NJ |
| Zip Code | 07042-3723 |
Amenities
| Utilities | See Remarks |
|---|---|
| Parking Spaces | 8 |
| Parking | Additional Parking, Blacktop, Crushed Stone, Off-Street Parking, See Remarks |
| # of Garages | 4 |
| Garages | Detached Garage, Garage Parking, See Remarks |
Interior
| Interior Features | Carbon Monoxide Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors, See Remarks, Smoke Detector, Stain Glass Windows, Walk-In Closet |
|---|---|
| Heating | Gas-Natural |
| Has Basement | Yes |
| Basement | Full, Unfinished, Walkout |
Exterior
| Exterior | Aluminum Siding |
|---|---|
| Exterior Features | Partially Fenced, See Remarks |
| Roof | Composition Shingle |
School Information
| Elementary | MAGNET |
|---|---|
| Middle | MAGNET |
| High | MONTCLAIR |
Additional Information
| Date Listed | June 12th, 2025 |
|---|---|
| Days on Market | 117 |
| Zoning | Residential |
Listing Details
| Office | BROWN HARRIS STEVENS NEW JERSEY |
|---|