26 Orange Rd
Montclair Twp, NJ 07042
Price: $1,295,000
GSMLS: 3955309Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 5
Baths: 4 Full & 1 Half
Garage: No
Year Built: 1920
Acres: 0.00
Property Tax: $28,915
Description
Prime Mixed-use Investment Opportunity. Nestled Just Off The Bustling Bloomfield Avenue, This Exceptional Mixed-use Property Offers A Strategic Location Directly Across From The Mc Hotel. Located In The Heart Of Montclair's Thriving Artistic Community, Attracting A Steady Stream Of Visitors And Locals Alike. Three Pristine And Fully Renovated Residential Apartments Currently Generate A Monthly Income Of $6,500. Ground Floor Office Space Tenant Just Vacated Which Was Paying $3500 Per Month. This Property Is Perfect For An Owner Occupant To Move Into The Commercial Space On The Ground Floor And Collect Rent From The Three Residential Apartments Above. A New Owner May Also Convert The Bottom Floor To Residential Space To Live In Or Rent Out (see Below). The Ground-floor Commercial Space, Recently Enhanced With Comprehensive Interior Improvements, Stands Ready For Occupancy Or Offers The Potential For Residential Conversion, With Approvals Secured For The Next Three Years. Recent Upgrades: Significant Capital Improvements Include A New Roof Installed In 2018 At A Cost Of $30,000 And A Brand-new Boilers Added In 2025 For $17,000, Ensuring Reduced Maintenance Concerns For The Foreseeable Future. The Owner Has Invested An Additional $160,000 In Upgrading The Interiors And Mechanical Elements Of All Units For The Residential Units (3) And Commercial Space On The Ground Floor (office 2019). Parking Is Available In The Municipal Lot Across The Street.
General Info
Style:
3-Three Story
SqFt Building:
4,650
Total Rooms:
12
Basement:
Yes - Finished-Partially, French Drain
Interior:
Carbon Monoxide Detector, Smoke Detector
Roof:
Rubberized
Exterior:
Brick
Lot Size:
29X100 IRR
Lot Desc:
Irregular Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking, See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
n/a
Bathrooms:
2
Total Rooms:
6
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water
Handicap:
No
Utilities
Heating:
4+ Units
Heating Fuel:
Gas-Natural
Cooling:
4+ Units
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Montclair Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$1,295,000
Tax Amount:
$28,915
Land Assessment:
$126,600
Build. Assessment:
$723,100
Total Assessment:
$849,700
Tax Rate:
3.40
Tax Year:
2024
Listing Information
MLS ID:
3955309
List Date:
04-07-2025
Days On Market:
13
Listing Broker:
KELLER WILLIAMS CITY LIFE REALTY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
