41-43 Mission St

Montclair Twp, NJ 07042


 

Price: $1,600,000

GSMLS:  4023097
Type: Multi-Family
Style: 1-One Story, 3-Three Story
Total Units: 4
Beds: 7
Baths: 4 Full
Garage: No
Year Built: 1887
Acres: 0.00
Property Tax: $27,320
VirtualTour
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.
General Info
Style:
1-One Story, 3-Three Story
SqFt Building:
n/a
Total Rooms:
21
Basement:
Yes - Bilco-Style Door, Full, Unfinished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, See Remarks, Smoke Detector
Roof:
Asphalt Shingle, Flat
Exterior:
Vinyl Siding
Lot Size:
85X90 IRR
Lot Desc:
Irregular Lot, Level Lot, Possible Subdivision
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width, Assigned, Gravel, Lighting, Off-Street Parking, Parking Lot-Exclusive
Spaces Available:
7
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Dining Room, Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Dining Room, Kitchen, Living Room, Pantry
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Dining Room, Kitchen, Living Room, Pantry
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Porch, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
4+ Units, Ceiling Fan
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground, Electric, Gas-Natural
Services:
Cable TV Available, Fiber Optic Available, Garbage Included
School Information
Elementary:
MAGNET
Middle:
GLENFIELD
High School:
MONTCLAIR
Community Information
County:
Essex
Town:
Montclair Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$1,600,000
Tax Amount:
$27,320
Land Assessment:
$240,900
Build. Assessment:
$536,100
Total Assessment:
$777,000
Tax Rate:
3.52
Tax Year:
2026
Listing Information
MLS ID:
4023097
List Date:
04-24-2026
Days On Market:
0
Listing Broker:
PROMINENT PROPERTIES SIR
Listing Agent:
Laurena White
 

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


RE/MAX

Town & Valley II

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


Shawn and Diane Fox