Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    4

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Baseboard, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Gravel, Off Street

  • Patio and Porch Features

    Porch

  • Pool

    No

Area & Lot

  • Lot Features

    Irregular Lot, Level, Wooded

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    1-One Story, 3-Three Story

Price

  • Sales Price

    $1,600,000

  • Tax Amount

    $27,320

  • Zoning

    R2

  • Sq. Footage

    2, 862

  • Price/SqFt

    $559

HOA

  • Association

    No

School District

  • Elementary School

    MAGNET

  • Middle School

    GLENFIELD

  • High School

    MONTCLAIR

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Essex

Elementary School

MAGNET

Middle School

GLENFIELD

High School

MONTCLAIR

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Exceptional investment opportunity in the heart of Montclair! 41 & 43 Mission Street are being offered together, presenting two adjacent lots. 41 Mission featuring a grandfathered three-unit property and 43 Mission along with a shared gravel parking area. All four units are currently tenant-occupied, generating approximately $107,000 in annual income, making this an ideal turnkey investment with immediate cash flow. The three-family at 41 Mission was fully gut renovated in 2022 and showcases modern upgrades throughout, including vinyl plank flooring, updated kitchen appliances, new plumbing and electrical systems, new windows, furnaces, hot water heaters, and the added convenience of a washer and dryer in the basement. The single-family home at 43 Mission offers additional income potential or future redevelopment flexibility. Zoned R2, this unique offering provides multiple paths for value creation. Investors may choose to maintain the current income stream by extending tenant leases or explore redevelopment opportunities, including converting the single-family to a two-family or reimagining both lots once leases expire. Ideally located near NYC direct train access, Glenfield School and Park, and Montclair's vibrant restaurant and shopping scene, this property combines strong income with long-term upside in a prime location. A 3D Matterport tour is available for virtual preview. Detailed expense information will be provided to qualified buyers upon request.

41-43 Mission St

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