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$1,450,000
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Property Description
A rare Montclair multi-family opportunity offering timeless architecture, strong income, and a location that's second to none. This fully leased four-unit Colonial delivers approximately a 5.8% cap rate with consistent, low-maintenance income and includes two spacious 2-bedroom apartments, one 1-bedroom, and a studio. Updated systems furnace, electric panels, and water heater along with underground oil tank removal provide peace of mind, while a detached 4-car garage and additional parking for 4"6 vehicles offer added convenience and income potential. Ideally situated between two NYC-direct train stations and just steps from Montclair's vibrant downtown restaurants, boutiques, caf s, and the Wellmont Theater, this is a compelling opportunity for the savvy investor or owner seeking long-term stability in one of New Jersey's most desirable rental markets.
Full Property Details
Full Property Details for 76 Grove St
General
- Price: $1,450,000
- Taxes: $16,320 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4003954
- Updated: 1/7/2026
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: High Ceilings, See Remarks, Stain Glass Windows, Tile Floors, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Partially Fenced, See Remarks
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: Detached Garage, See Remarks
Location
- County: Essex
- Driving Directions: Grove Street, between Glenridge and Claremont Avenues
School Information
- Elementary School: MAGNET
- Middle School: MAGNET
- High School: MONTCLAIR
Heating & Cooling
- Cooling Type: No Cooling, See Remarks
- Heating Type: 1 Unit, Baseboard - Hotwater, Radiators - Hot Water, See Remarks
- Heating Fuel: Natural Gas, See Remarks
- Water Heater: Gas, See Remarks
Utilities
- Sewer: Public Sewer, Sewer Charge Extra
- Water: Public Water, See Remarks
- Utility Description: See Remarks
Structural Information
- Architectural Style: 3-Three Story, See Remarks
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Composition Shingle, See Remarks
- Square Feet: 3,550
- Year Built: 1890
- Remodeled/Updated: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
- Levels/Stories: 1
- Fireplaces: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, See Remarks
- Levels/Stories: 1
- Fireplaces: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
- Levels/Stories: 2
- Fireplaces: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Unit Description: Bedrooms, Kitchen, Living Room, See Remarks, Storage
- Levels/Stories: 4
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.29
- Lot Dimensions: 63 x 200 IRR
- Driveway/Sidewalk: Crushed Stone, Off-Street Parking, See Remarks
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Expenses: Insurance, Maintenance, See Remarks, Taxes
- Operating Expenses: $26,657
- Assessment Amount: $309,600
- Land Assmt: $170,000
- Tax Amount: $16,320
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Tenant's PErsonal Belongings
- Disclosures: Yes
- Block: 3212
- Lot Number: 29
Listed by Brown Harris Stevens New Jersey
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Schools
Schools serving 76 Grove St
School District:Montclair Town School District
| Name | Grades | Distance |
|---|---|---|
Charles H Bullock School 55 Washington Street, Montclair, NJ 07042 | K-5 | 0.3 mi |
Hillside Elementary School, Montclair, NJ 54 Orange Road, Montclair, NJ 07042 | 3-5 | 0.7 mi |
Nishuane Elementary School 32 Cedar Avenue, Montclair, NJ 07042 | PK-2 | 1.1 mi |
Glenfield Middle School 25 Maple Avenue, Montclair, NJ 07042 | 6-8 | 0.5 mi |
Renaissance Middle School 176 North Fullerton Avenue, Montclair, NJ 07042 | 6-8 | 0.6 mi |
Mt Hebron Middle School 173 Bellevue Ave, Montclair, NJ 07042 | 6-8 | 1.9 mi |
Montclair High School 100 Chestnut Street, Montclair, NJ 07042 | 9-12 | 0.7 mi |
Watchung Elementary School, Montclair, NJ 14 Garden Street, Montclair, NJ 07042 | K-5 | 1.1 mi |
Edgemont Elementary School 20 Edgemont Road, Montclair, NJ 07042 | K-5 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 76 Grove St
Date
Details
Price
Change
Source
1/07/2026
Listed
$1,450,000
—
MLS
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 76 Grove St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,321
4%
$479,600
—
2022
$15,769
2%
$479,600
—
2021
$15,496
4%
$479,600
—
2018
$14,839
-2%
$479,600
—
2019
$15,088
15%
$479,600
37%
2017
$13,084
3%
$350,400
—
2016
$12,734
3%
$350,400
—
2015
$12,355
7%
$350,400
—
2013
$11,567
—
$350,400
—
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 76 Grove St
76 Grove St, Montclair, NJ 07042 (MLS# 4003954) is a Multi-Family property with 4 units containing 6 bedrooms and 4 full bathrooms. 76 Grove St is currently listed for $1,450,000 and was received on January 07, 2026. Want to learn more about 76 Grove St? 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.

