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32 Grant St

Montclair Twp., NJ 07042
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 76 Days
  • ID#: 3890657
Under Contract
$1,200,000
  • 8
    BEDS
  • 0.18
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Information

Elementary School:
Middle School:
High School:

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. Two BRAND NEW water heaters in 34 Grant. 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.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-29T06:46:44.657.
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32 Grant St Montclair Twp., NJ 07042

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 76 Days
  • ID#: 3890657
8
Beds
4
Baths
1
½ Baths
0.18
Acres
1925
Built
Neighborhood:
Downtown Montclair
County:
Essex
Area:
Montclair Twp.
Elementary School:
Magnet
Middle School:
Magnet
High School:
Montclair
Property 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. Two BRAND NEW water heaters in 34 Grant. 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.
Exterior Features

Approximate Lot Size 50 X 153 IRR Color Of Building Brick/Tan Exterior Description BrickStucco Exterior Features DeckPatioSidewalkWood Fence Lot Description Level Lot Number Of Parking Spaces 10 Parking Driveway Description Driveway-SharedGravelOff-Street ParkingSee Remarks Roof Description Asphalt ShingleRubberized

Interior Features

Basement Yes Basement Description Bilco-Style DoorFinished-PartiallyFull Cooling Window A/C(s) Heating 4+ UnitsMulti-ZoneRadiators - Steam Interior Features CarpetingTile FloorsWindow TreatmentsWood Floors Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenKitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 2953 Unit1 Sq Ft 650 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.1 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenKitchenPantry Unit2 Rooms 4 Unit2 Sq Ft 650 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenKitchenPantryPorch Unit3 Rooms 4 Unit3 Sq Ft 650 Unit4 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsEat-In KitchenKitchenLiving RoomPorch Unit4 Rooms 4 Unit4 Sq Ft 650

Property Features

Assessment Total 673700 Building Assessment 335000 Easement No Expenses Include InsuranceSee RemarksTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 92532 Home Warranty No Land Assessment 338700 Net Operating Income 64365 Services Cable TV AvailableFiber Optic Available Sewer Public Sewer Tax Amount 22771 Tax Rate Amount 3.380 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 28406 Unit Style Duplex-Side by SideFourplex Unit1 Lease Expiration 2024-05-01 Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1969 Unit2 Handicap Modified No Unit2 Lease Expiration 2024-12-31 Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1892 Unit2 Security Deposit 2838 Unit3 Handicap Modified No Unit3 Lease Expiration 2024-11-30 Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1850 Unit3 Security Deposit 2775 Unit4 Handicap Modified No Unit4 Lease Expiration 2024-09-30 Unit4 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit4 Rent 2000 Unit4 Security Deposit 3000 Utilities ElectricGas In Street Water Public Water Water Heater Gas Year Built Description Approximate Zoning R2

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-618-6368.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-29T06:46:44.657.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042