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MLS® 4017440

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $13,915
Days Active 35
Lot Size 
Approx. Age 1921
MLS® Number 4017440

Property Address: 100 Claremont Ave, Verona, NJ, 07044-2804

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

Description

Stabilized 3-unit property delivering strong current income with built-in upside. All units leased, generating $4, 887.50/month in residential rents plus $230/month from a separately rented garage. $61, 410 gross annually. Unit mix: two 2-bedroom/1-bath and one 1-bedroom/1-bath. All units separately metered with tenants paying their own utilities, keeping operating expenses low and cash flow predictable. In-basement laundry, plus assigned parking for each unit. Current rents are below market comparable units in Verona support an additional $200/month per unit at lease expiration, providing a clear path to increased returns without renovation. Lease expirations stagger through 2026, offering stabilized income today with natural rent reset opportunities ahead. Verona's rental demand remains strong, driven by top-rated schools, a walkable downtown, and direct NYC transit access. A clean, income-producing asset in a high-demand market. Perfect for the buy-and-hold investor looking to add a performing property to their portfolio.
MLS® Number4017440
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1921
BasementBilco-Style Door, Unfinished
Driveway2 Car Width
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Mar 30, 2026List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
100 Claremont Ave, Verona,

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