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Backup Offers

49 Greenwood Ave, Montclair Twp, NJ, 07042

$1,099,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths
Multi

Location

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49 Greenwood Ave, Montclair Township$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingBlacktop, Detached Garage
Garage2 spaces
Year Built1907
HeatingMulti Unit(s), Forced Air, Electric, Natural Gas
CoolingMulti Unit(s), Central Air
BasementYes
MLS #3926631
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Under Contract Cont. to Show)

About 49 Greenwood Ave

This is a once-in-a-lifetime opportunity to own a completely gut renovated 6 bedroom, 5 bath, 2-family in the heart of Montclair! Grossing more than $91k in rent annually, this beautiful home was taken down to the studs, and is essentially a new home with new electrical, plumbing, flooring, kitchens, bathrooms, windows, doors crown molding and more. You won't find another home in Montclair renovated at this quality level for this price. The first floor apartment features 2 bedrooms, 2 baths, eat-in kitchen with island, stainless appliances and stacked washer/dryer. The living room is a versatile space which can be closed to use as a third bedroom or temporary guest room. There is also access to the unfinished basement for storage purposes. Apartment two is a very spacious two-story unit with eat-in kitchen/living/dining room opening to a balcony/patio spanning the width of the home. There are two bedrooms and two baths on the second floor and two bedrooms and one bath on the third floor, plus a bonus office. The location is exceptional--on a quiet street between Lackawanna Plaza and Walnut Street Train station. You'll have easy access to the NYC train, Walnut Street shops, Saturday Farmer's Market, Montclair Geyer YMCA, downtown shopping and more.

Property Details

Property Features

Property Information:

  • Architectural Style: Under/Over
  • Year Built: 1907

Listing Office:

  • Office Name: VILLAGE SQUARE REALTORS
  • Office Phone: (973) 509-2222

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Interior: Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Open Porch(es), Partially Fenced, Thermal Windows/Doors, Wood Fence

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Blacktop, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Forced Air, Electric, Natural Gas
  • Cooling: Multi Unit(s), Central Air

Other

Directions Information:

  • Directions: Bloomfield Ave. Turn north on Lackawanna Plaza. Bear right at the fork onto Greenwood. Cross Glenridge Ave. Fourth house on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
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Housing Market Comparison

See how this home compares to others in Montclair Township, NJ.

Med. Sold Price

$1.3M

Med. Price/SqFt

$381

Avg. Days On Market

14

# of Sold Homes

22

49 Greenwood Ave vs Montclair Township

79 DAYS ON ROCKET

+65 Days

$1,099,000

-$210.7K Less

KEY TAKEAWAY

This property is $210.7K less than the Median Sold Price in Montclair Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3926631

Listing Office:

  • Office Name: VILLAGE SQUARE REALTORS
  • Office Phone: (973) 509-2222

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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

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Last updated on: 1/2/2025, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-2578924
5
/10
  • Charles H. Bullock School

  • 55 Washington St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-2578925
8
/10
  • Hillside Elementary School

  • 54 Orange Rd

  • 0.62 miles

  • Public District Grades 3-5

school-card-donut-2578926
9
/10
  • Ridgewood Avenue School

  • 235 Ridgewood Ave

  • 0.98 miles

  • Public District Grades 3-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,471. Most Montclair Township, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyEssex CountyMontclair Township0704249 Greenwood Ave

This home is located at 49 Greenwood Ave in Montclair Twp, NJ and zip code 07042. This home, which was built in 1907, sits on a 0.18 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $1,099,000.

While more than 18 listings in Montclair Township, NJ in December 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The number of listings in Montclair Township, NJ decreased by 16% between November 2024 and December 2024. In December 2024 median list price was $1,309,706 and the average listing age was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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