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137 Valley Rd

Montclair Twp., NJ 07042
  • $875,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: 3891412
$875,000
  • 4
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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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 Trompeter Real Estate. 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 Trompeter Real Estate 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 2024-06-20T06:46:55.68.
www.trompeterrealestate.com/homes/148673893
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137 Valley Rd Montclair Twp., NJ 07042

  • Price: $875,000
  • Status: Active
  • On Site: 93 Days
  • MLS #: 3891412
4
Beds
4
Baths
0
½ Baths
0.09
Acres
1930
Built
County:
Essex
Area:
Montclair Twp.
Elementary School:
Magnet
Middle School:
Magnet
High School:
Montclair
Property Description
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.
Exterior Features

Approximate Lot Size 30X125 Exterior Description Brick Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling None Heating 4+ Units Interior Features Tile FloorsWood Floors Total Number Of Rooms 12 Unit1 Appliances Equipment Range/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 3 Unit1 Security Deposit 1125 Unit1 Sq Ft 0 Unit2 Appliances Equipment Range/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 3 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 0 Unit4 Appliances Equipment Range/Oven - GasRefrigerator Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsEat-In KitchenLiving Room Unit4 Rooms 3 Unit4 Sq Ft 0

Property Features

Assessment Total 453800 Building Assessment 256900 Easement No Expenses Include InsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 71619 Home Warranty No Land Assessment 196900 Net Operating Income 53130 Sewer Public Sewer Tax Amount 15338 Tax Rate Amount 3.380 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 18488 Unit Style Fourplex Unit1 Lease Expiration 2024-07-31 Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1286 Unit2 Handicap Modified No Unit2 Lease Expiration 2024-11-30 Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1572 Unit2 Security Deposit 2300 Unit3 Handicap Modified No Unit3 Lease Expiration 2024-05-31 Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1615 Unit3 Security Deposit 2025 Unit4 Handicap Modified No Unit4 Lease Expiration 2024-12-31 Unit4 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit4 Rent 1495 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of PROMINENT PROPERTIES SIR: 973-783-6900.


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 Trompeter Real Estate. 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 Trompeter Real Estate 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 2024-06-20T06:46:55.68.
 
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