20 Monroe Pl

Montclair Twp, NJ 07042


 

Price: $999,969

GSMLS:  3980013
Type: Multi-Family
Style: 2-Two Story
Total Units: 4
Beds: 1
Baths: 4 Full
Garage: No
Year Built: 1924
Acres: 0.11
Property Tax: $12,931
Description
Investor alert! Solid brick 4-unit property located in the heart of Downtown Montclair, just moments from major shopping centers, restaurants, and public transportation. Property also includes a private backyard, unfinished basement, driveway + garage, and a beautifully built foundation. Two units are currently rented through Section 8 housing assistance, providing built-in income. Don't miss this rare multifamily opportunity in one of Montclair's most desirable locations! A little TLC and cosmetic updates can go a long way in boosting value and maximizing returns. This is a fantastic opportunity for investors or buyers looking to customize and add value.
General Info
Style:
2-Two Story
SqFt Building:
2,856
Total Rooms:
16
Basement:
Yes - Full, Unfinished
Interior:
See Remarks
Roof:
See Remarks
Exterior:
Brick
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
Detached Garage, Garage Parking
Parking:
1 Car Width, Additional Parking, Driveway-Exclusive, See Remarks
Spaces Available:
5
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
Baseboard - Electric
Heating Fuel:
Gas-Natural
Cooling:
None,WallUnit
Water Heater:
See Remarks
Water:
See Remarks
Sewer:
See Remarks
Utilities:
Electric, Gas-Natural
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:
$999,969
Tax Amount:
$12,931
Land Assessment:
$118,800
Build. Assessment:
$261,200
Total Assessment:
$380,000
Tax Rate:
3.40
Tax Year:
2024
Listing Information
MLS ID:
3980013
List Date:
08-07-2025
Days On Market:
277
Listing Broker:
LONE EAGLE MANAGEMENT
Listing Agent:
James Debrosse
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox