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$999,969 -$200,031 (-16.67%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 1 Total Beds
  • Updated 4 hours ago
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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.

Full Property Details for 20 Monroe Pl

General

  • Price: $999,969
  • Taxes: $12,931 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3980013
  • Updated: 5/8/2026
  • Added to Site: 274 day(s) ago

Interior

  • Number of Rooms: 16
  • Interior Features: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 1

Exterior

  • Exterior Features: Partially Fenced

Parking

  • Garage Description: Detached Garage, Garage Parking

Location

  • County: Essex
  • Driving Directions: Off of Maple Avenue.

Heating & Cooling

  • Cooling Type: No Cooling, Wall Air Conditioning
  • Heating Type: Electric Baseboard
  • Heating Fuel: Natural Gas
  • Water Heater: See Remarks

Utilities

  • Sewer: See Remarks
  • Water: See Remarks
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: See Remarks
  • Square Feet: 2,856
  • Year Built: 1924

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living Room, Living/Dining Room
  • Square Feet: 542
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living Room, Living/Dining Room
  • Square Feet: 542
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Unit Description: Bedrooms, Kitchen, Living Room, Living/Dining Room
  • Square Feet: 550
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Unit Description: Bedrooms, Kitchen, Living Room, Living/Dining Room
  • Square Feet: 550
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 50 x 100
  • Driveway/Sidewalk: 1 Car Width, Additional Parking, Driveway-Exclusive, See Remarks

Financial Considerations

  • Operating Expenses: $9,999
  • Assessment Amount: $261,200
  • Land Assmt: $118,800
  • Tax Amount: $12,931
  • Tax Year: 2024

Disclosures and Reports

  • Block: 4105
  • Lot Number: 46

Listed by Lone Eagle Management

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Listing agent

— 20 Monroe Pl —

  • Lone Eagle Management

973-377-7377

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 20 Monroe Pl

School District:Montclair Town School District
NameGradesDistance
Charles H Bullock School
55 Washington Street, Montclair, NJ 07042
K-50.4 mi
Nishuane Elementary School
32 Cedar Avenue, Montclair, NJ 07042
PK-20.5 mi
Hillside Elementary School, Montclair, NJ
54 Orange Road, Montclair, NJ 07042
3-51.1 mi
Montclair High School
100 Chestnut Street, Montclair, NJ 07042
9-121.4 mi
Watchung Elementary School, Montclair, NJ
14 Garden Street, Montclair, NJ 07042
K-51.8 mi
Edgemont Elementary School
20 Edgemont Road, Montclair, NJ 07042
K-52 mi
Northeast Elementary School, Montclair, NJ
603 Grove St, Montclair, NJ 07042
K-53.2 mi
Bradford School
87 Mt Hebron Rd, Montclair, NJ 07042
K-53.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20 Monroe Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Price Reduced
$999,969
-16.67%
MLS
8/07/2025
Listed
$1,200,000
—
MLS
Get Price Alerts and Save Property
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 for 20 Monroe Pl

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,931
1%
$380,000
—
2023
$12,844
3%
$380,000
—
2022
$12,494
2%
$380,000
—
2021
$12,278
4%
$380,000
—
2018
$11,757
-7%
$380,000
12%
2017
$12,673
6%
$339,400
-11%
2019
$11,955
-3%
$380,000
12%
2016
$12,334
3%
$339,400
—
2015
$11,967
3%
$339,400
—
2014
$11,567
—
$339,400
—
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 for 20 Monroe Pl

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Lone Eagle Management

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20 Monroe Pl, Montclair, NJ 07042 (MLS# 3980013) is a Multi-Family property with 4 units containing 1 bedroom and 4 full bathrooms. 20 Monroe Pl is currently listed for $999,969 and was received on August 07, 2025. Want to learn more about 20 Monroe Pl? 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.

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