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20 Monroe Pl

Montclair Twp., NJ 07042
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 189 Days
  • MLS #: 3980013
Under Contract
UPDATED: 45 min ago
$1,200,000
  • 1
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,856
    SQFT
  • $420
    $/SQFT
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

Investor alert! Solid brick 4-unit property located in the heart of Downtown Montclair, just moments from major shopping centers, restaurants, and public transportation. Property also includes a private backyard, unfinished basement, driveway + garage, and a beautifully built foundation. Two units are currently rented through Section 8 housing assistance, providing built-in income. Don't miss this rare multifamily opportunity in one of Montclair's most desirable locations! A little TLC and cosmetic updates can go a long way in boosting value and maximizing returns. This is a fantastic opportunity for investors or buyers looking to customize and add value.

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Garden State MLS logo © 2026 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 2026-02-13T19:48:48.22.
www.trompeterrealestate.com/homes/166686738
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20 Monroe Pl Montclair Twp., NJ 07042

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 189 Days
  • Updated: 45 min ago
  • MLS #: 3980013
1
Beds
4
Baths
0
½ Baths
0.11
Acres
2,856
SQFT
$420
$/SQFT
1924
Built
County:
Essex
Area:
Montclair Twp.
Property Description
Investor alert! Solid brick 4-unit property located in the heart of Downtown Montclair, just moments from major shopping centers, restaurants, and public transportation. Property also includes a private backyard, unfinished basement, driveway + garage, and a beautifully built foundation. Two units are currently rented through Section 8 housing assistance, providing built-in income. Don't miss this rare multifamily opportunity in one of Montclair's most desirable locations! A little TLC and cosmetic updates can go a long way in boosting value and maximizing returns. This is a fantastic opportunity for investors or buyers looking to customize and add value.
Exterior Features

Approximate Lot Size 50X100 Exterior Description Brick Exterior Features Partially Fenced Garage Description Detached GarageGarage Parking Number Of Parking Spaces 5 Parking Driveway Description 1 Car WidthAdditional ParkingDriveway-ExclusiveSee Remarks Roof Description See Remarks

Interior Features

Basement Yes Basement Description FullUnfinished Cooling NoneWallUnit Heating Baseboard - Electric Interior Features See Remarks Total Number Of Rooms 16 Unit1 Appliances Equipment CookGas Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving RoomLiving/Dining Room Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 542 Unit2 Appliances Equipment CookGas Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving RoomLiving/Dining Room Unit2 Rooms 4 Unit2 Sq Ft 542 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsKitchenLiving RoomLiving/Dining Room Unit3 Rooms 4 Unit3 Sq Ft 550 Unit4 Appliances Equipment CookGas Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsKitchenLiving RoomLiving/Dining Room Unit4 Rooms 4 Unit4 Sq Ft 550

Property Features

Assessment Total 380000 Building Assessment 261200 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 9999 Land Assessment 118800 Net Operating Income 9999 Sewer See Remarks Tax Amount 12931 Tax Rate Amount 3.403 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 9999 Unit Style 2-Two Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 9999 Unit3 Security Deposit 9999 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 9999 Unit4 Security Deposit 9999 Utilities ElectricGas-Natural Water See Remarks Water Heater See Remarks Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-377-7377.


Garden State MLS logo © 2026 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 2026-02-13T19:48:48.22.
 
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