Sold

100 Claremont Ave

Verona Twp., NJ 07044

$905,000
  • 5 Bedrooms
  • 3 Bathrooms
  • 0.17 Acre

100 Claremont Ave
Verona Twp., NJ 07044

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Verona Twp. / NJ

Multi Family HIGHLIGHTS

  • Listing Status

    Sold

  • Property Type

    Residential Income, Multi Family

  • Style

    3-Three Story

  • Year Built

    1921

  • Cooling

    Yes - Window Unit(s)

  • Heating

    Yes - Natural Gas

  • Stories

    3

  • RE Tax

    $13,915

Listing courtesy of CHRISTOPHER HILL of CENTURY 21 THE CROSSING.

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.
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  • Acres

    0.17 Acres

  • Bathrooms (Full)

    3

  • Bedrooms Total

    5

  • Listing Status

    Sold

  • MLS #

    4017440

  • Property Type

    Multi Family

  • Year Built

    1921

  • Architectural Style

    3-Three Story

  • Construction Materials

    Vinyl Siding

  • Total Number of Units

    3

  • Total Stories

    3

  • Year Built

    1921

  • Carport

    Yes

  • Carport Spaces

    3

  • Garage

    Yes

  • Garage Spaces

    1

  • Open Parking Spaces

    3

  • Parking Features

    Detached

  • Patio and Porch Features

    Deck

  • Roof

    Asphalt

  • Annual Taxes

    $13,915

  • Appliances

    Gas Water Heater

  • Basement

    Unfinished

  • Cooling

    Yes - Window Unit(s)

  • Has Basement

    Yes

  • Heating

    Yes - Natural Gas

  • Total Rooms

    11

  • Sewer

    Public Sewer

  • Utilities

    Natural Gas Available

  • Water Source

    Public

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $1,160

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

100 Claremont Ave

Location

Nearby Points of Interest

  • Avnee Shah, M.D.

    Health Care, Independent

  • Derm Group Verona

    Health Care, Independent

  • The Derm Group, Verona

    Health Care, Independent

  • Dermatology Group PC

    Health Care, Independent

  • Guenzel, Amy Ot

    Health Care, Independent

Data courtesy of LocalLogic.co

Verona
Neighborhood

Verona

Verona is a township in Essex County, New Jersey, known for its established residential neighborhoods, walkable town center, and strong sense of community identity. The township’s layout blends tree-lined streets, well-maintained...

100 Claremont Ave

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prospective properties Consumers may be interested in purchasing. Date Last Updated Jun 30, 2026 at 12:17 PM