137 Valley Rd Montclair, NJ ^$ 875,000

137 Valley Rd

^$ 875,000

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137 Valley Rd

Montclair, NJ, 07042

^$ 875,000

Bedrooms4 Baths4.0

Monthly Estimate*

^$ 6,112

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Multi-Family Home for sale in Montclair, NJ

for $875,000 with 4 bedrooms and 4 full baths. This home was built in 1930 on a lot size of 0.09.

Spacious 4-unit investment property in a fabulous location. Well maintained, updated apartments. All 4 one-bedroom units are occupied. Close to shopping, restaurants, NYC transportation. Separate utilities. Tenants pay heat, hot water, electric, water, sewer.

Multi-Family Active

Price

^$ 875,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 15,338

Style

Fourplex

Lot Size

0.09

Year Built

1930

Town/City

Montclair

County/Region

Essex

MLS | Web ID

3891412

Features

General

Interior Features Tile Floors Wood Floors

Sewer Public Sewer

Heating 4+ Units

Cooling None

Utilities Electric Gas-Natural

Possession TBD

Roof Asphalt Shingle

Water Heater Gas

Architectural Style Fourplex

Year Built 1930

Township Montclair Twp.

Tax Year 2023

Gross Income 71619

County Essex

Net Operating Income 53130

Operating Expense 18488

Total Rooms 12

Status Active

Directions Valley Rd between Walnut and Chestnut

High School MONTCLAIR

Open Parking Spaces 0

Total Units 4

Street Name Valley Rd

Elementary School MAGNET

Tax Annual Amount 15338

Home Warranty Y/N No

Middle/Junior High School MAGNET

Drive None

Days on Market 38

Standard Status Active

Tax Assessed Value 453800

Town # 1613

Tax Lot 45

Farm Assessment No

Interior

Basement Unfinished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 1

Unit 2 Baths Total 1.0

Unit 2 Beds Total 1

Unit 3 Baths Total 1.0

Unit 3 Beds Total 1

Unit 4 Baths Total 1.0

Unit 4 Beds Total 1

Fuel Type Gas-Natural

Full Baths 4

Half Baths 0

Total Bedrooms 4

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description Brick

Lot Dimensions 30X125

Lot Size Acres 0.09

* Excluded Features

List By

SIBEL OZ

Listing Agent

Prominent Properties Sir

Broker

sibeloz@sibeloz.com

Affordability Calculator

$7,390

Per Month

Monthly Principal & Interest: $6,112
Monthly Property Taxes: $1,278
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Montclair, NJ

Average List Price ^$926,324

Percent of Sale Price 6%

About Montclair, NJ

38,697 Population

-1% Since 2002

^$107,674 Median Income

41.77 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

289632 Elementary School

289658 Middle School

Montclair High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/6/2024	$875,000	-7.89%	Price Down
3/18/2024	$950,000		Listed Price

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137 Valley Rd, Montclair, NJ, 07042 is a Multi-Family Home for sale at $875,000 with a lot size of 0.09. 137 Valley Rd has 4 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 07042 which is in Montclair, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

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.

This information is being provided 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.

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137 Valley Rd

Multi-Family Home for sale in Montclair, NJ

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