ADDRESS
62 E Park Place
Morristown, NJ 07960
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$1,450,000
145 Days On Site
76 Grove St 4Montclair Twp., NJ 07042
For Sale|Multi Family|Active
6
Beds
4
Total Baths
4
Full Baths
3,550
SqFt
$408
/SqFt
1890
Built
County:
Essex
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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.
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Listing Snapshot
Price
$1,450,000
Days On Site
145 Days
Bedrooms
6
Inside Area (SqFt)
3,550 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.29 Acres
Year Built
1890
MLS® Number
3968991
Status
Active
Property Tax
$16,320
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 5 months ago | Listing updated with changes from the MLS® | |
| 5 months ago | Listing first seen on site |
General Features
Acres
0.29
Carport
8
Garage
Yes
Garage Spaces
4
Number Of Stories
3
Parking
Off StreetDetached
Parking Spaces
8
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
3550
Style
3-Three Story
Water Source
Public
Zoning
Residential
Interior Features
Appliances
Gas Water Heater
Basement
FullUnfinishedWalk-Out Access
Flooring
TileVinyl
Heating
BaseboardNatural Gas
Interior
Walk-In Closet(s)
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Exterior Features
Construction Details
Aluminum Siding
Lot Features
Level
Roof
Composition
Schools
School District
Unknown
Elementary School
MAGNET
Middle School
MAGNET
High School
MONTCLAIR
Listing courtesy of BROWN HARRIS STEVENS NEW JERSEY
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. 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. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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. 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. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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