76 Grove Street

Discover a prime Montclair investment that delivers both strong returns and unbeatable location. This fully leased four-unit Colonial offers an approximate 5.8% cap rate and timeless curb appeal just blocks from Montclair's best dining, shopping, and arts scene. The property includes two spacious 2-bedroom units, one 1-bedroom, and one studio apartment each well-maintained with reliable tenants. Updates include a newer water heater, electrical panels, and furnace, and the underground oil tank has already been removed. A detached 4-car garage plus additional parking for 4"6 vehicles adds exceptional convenience and potential income. Perfectly positioned between two NYC-direct train stations and moments from the Montclair Farmers Market, Wellmont Theater, and Art Museum this property is an ideal blend of location, stability, and long-term value. Agent Remarks: All tenants have leases in place; at slightly under market rents.(see attached document). Sold AS IS.