Montclair Multifamily with fully approved ADU plans! This 2-Family property is perfectly turnkey, income ready WITH room to add value over time WITH a tremendous head start. The owner occupied first floor unit (2 bed/1 bath) has been recently renovated and re-imagined with an astute attention to detail. The brand new open concept kitchen, ductless Mini-Split heating/cooling, and laundry in unit provides true comfort and convenience. New hardwood floors plus ceiling furring channels & R19 insulation makes for valued peace and quiet. Upstairs offers a 4 bd/2 ba duplex unit with a completely separate front entrance, separate utilities, laundry in-unit, and a stellar front sunroom. Unit 2 was most recently collecting $3,700/month but is now ready for your fresh start. Both units have access to the back staircase which takes you to the full span basement with tons of storage space, additional laundry hook-ups and your future ADU. Complete construction plans and approvals will be conveyed at closing for an accessory dwelling unit with 8'-4 ceilings, a new front entrance and complete fire suppression sprinkler system. Enjoy thoughtful recent updates, while planning and executing the final stage of improvements - all while in the heart of Montclair w/ great restaurants, parks, NYC commute options and recreation. An opportunity not to be missed.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
6
/10
Edgemont Elementary School
20 Edgemont Rd
Distance between this listing and this school0.51 miles
Public District Grades KG-5
8
/10
Hillside Elementary School
54 Orange Rd
Distance between this listing and this school0.64 miles
Public District Grades 3-5
6
/10
Watchung Elementary School
14 Garden St
Distance between this listing and this school0.70 miles
Public District Grades KG-5
Nearby Schools
5
/10
Renaissance Middle School at the Rand Building
176 N Fullerton Ave
Distance between this listing and this school0.30 miles
Public District Grades 6-8
5
/10
Glenfield Middle School
25 Maple Ave
Distance between this listing and this school1.24 miles
Public District Grades 6-8
6
/10
Buzz Aldrin Middle School
173 Bellevue Ave
Distance between this listing and this school1.39 miles
Public District Grades 6-8
Nearby Schools
5
/10
Montclair High School
100 Chestnut St
Distance between this listing and this school0.21 miles
Public District Grades 9-12
8
/10
Glen Ridge High School
200 Ridgewood Ave
Distance between this listing and this school1.75 miles
Public District Grades 7-12
4
/10
Bloomfield High School
160 Broad St
Distance between this listing and this school1.93 miles
The neighbors living near this home have an average income of $77,857. Residents of Montclair Township, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
This home is located at 46 James St in Montclair Twp, NJ and zip code 07042. This home, which was built in 1922, sits on a 0.11 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $1,275,000.
While more than 16 listings in Montclair Township, NJ in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Montclair Township, NJ between September 2024 and October 2024 increased by 17.9%.
From Rocket Homes Real Estate and based on county public records data.