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Listed price in listed location currency (USD).
$1,600,000

740

MLS® 26014551

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $27,320
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 26014551

Property Address: 41 Mission St, Montclair, NJ, 07042-4594

Average square foot calculated using Size range provided by listing agent.

Description

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
MLS® Number26014551
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 24, 2026List Date
$1,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
41 Mission St, Montclair, NJ

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