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137 Valley Rd, Montclair, NJ 07042
$875,000
137 Valley Rd, Montclair, NJ 07042View this property at 137 Valley Rd, Montclair, NJ 07042
137 Valley RdMontclairNJ07042
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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.
Full Property Details
Full Property Details for 137 Valley Rd
General
- Price: $875,000
- Taxes: $15,338 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3891412
- Updated: 4/6/2024
- Added to Site: 40 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Tile Floors, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Location
- County: Essex
- Driving Directions: Valley Rd between Walnut and Chestnut
School Information
- Elementary School: MAGNET
- Middle School: MAGNET
- High School: MONTCLAIR
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Fourplex
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1930
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 30 x 125
- Driveway/Sidewalk: None
- Lot Description: Level Lot
Financial Considerations
- Expenses: Insurance, Maintenance, Taxes
- Operating Expenses: $18,488
- Assessment Amount: $256,900
- Land Assmt: $196,900
- Tax Amount: $15,338
- Tax Year: 2023
Disclosures and Reports
- Block: 1509
- Lot Number: 45
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Schools
Schools serving 137 Valley Rd
School District:Montclair Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
54 Orange Rd, Montclair, NJ 07042 | 3-5 | 0.5 mi | |
20 Edgemont Rd, Montclair, NJ 07042 | K-5 | 0.6 mi | |
14 Garden St, Montclair, NJ 07042 | K-5 | 0.8 mi | |
100 Chestnut St, Montclair, NJ 07042 | 9-12 | 0.3 mi | |
55 Washington St, Montclair, NJ 07042 | K-5 | 1 mi | |
Nishuane School
32 Cedar Ave, Montclair, NJ 07042 | PK-2 | 1.6 mi | |
603 Grove St, Montclair, NJ 07043 | K-5 | 2.1 mi | |
87 Mount Hebron Rd, Montclair, NJ 07043 | PK-5 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 137 Valley Rd
Date
Details
Price
Change
Source
4/06/2024
Price Reduced
$875,000
-7.89%
MLS
3/21/2024
Listed
$950,000
46.15%
MLS
10/22/2019
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 137 Valley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2021
$14,662
2%
$453,800
—
2020
$14,426
1%
$453,800
—
2019
$14,277
2%
$453,800
—
2018
$14,041
-3%
$453,800
17%
2017
$14,503
3%
$388,400
—
2016
$14,114
3%
$388,400
—
2015
$13,695
7%
$388,400
—
2013
$12,821
—
$388,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 137 Valley Rd
137 Valley Rd, Montclair, NJ 07042 (MLS# 3891412) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 137 Valley Rd is currently listed for $875,000 and was received on March 18, 2024. Want to learn more about 137 Valley Rd? Do you have questions about finding other Multi-Family real estate for sale in Montclair? You can browse all Montclair real estate or contact a Coldwell Banker agent to request more information.