10 days on rocket

53 Portland Pl, Montclair Twp, NJ, 07042

$975,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
2 Full Baths
Multi

Location

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53 Portland Pl, Montclair Township$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1892
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #3933285
Lot Size0.09 Acres
StatusActive

About 53 Portland Pl

Welcome Investors and Home Buyers! This multifamily home is perfect for an owner-occupied investor! This charming two-family multifamily home features a vacant second-floor unit, providing an excellent opportunity to live in one unit while generating rental income from the other. Don't miss out on this fantastic investment potential. Discover this stunning late 19th-century wood-framed multifamily unit in the heart of the Bloomfield Ave downtown area of Montclair Township. Perfectly located near NYC bus and NJ Transit for easy commuting, this property features: Two Spacious Units: Each with 3 bedrooms and 1 bathroom. Common Access: Basement and attic accessed via a shared front hall. Charming Enclosed Porches: Enjoy both front and back porches for added living space. Fenced Backyard: A shared, fenced-in backyard offers outdoor relaxation. This property fully rented, brings in $6,220 per month. Newly renovated in 2015, it boasts a modern kitchen, hardwood floors, and updated bathrooms. Each unit has its own private washer/dryer and an allocated enclosed storage cage in the basement.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 1892

Listing Office:

  • Office Name: HOWARD HANNA RAND REALTY
  • Office Phone: (973) 740-1881

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Interior: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: OpenPrch, Sidewalk, FencVnyl

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-280 W take exit 8B. Merge onto Prospect Ave and turn left onto Bloomfield Avenue. Follow Bloomfield Avenue, then turn right onto Portland Place

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
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Housing Market Comparison

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

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Montclair Township, NJ

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$348

# of Sold Homes

19

53 Portland Pl vs Montclair Township

10 DAYS ON ROCKET

$975,000

-$296.2K Less

KEY TAKEAWAY

This property is $296.2K 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: #3933285

Listing Office:

  • Office Name: HOWARD HANNA RAND REALTY
  • Office Phone: (973) 740-1881

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

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.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:46 PM 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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Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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NMLS#3030

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-431483
8
/10

  • Hillside Elementary School

  • 54 Orange Rd

  • 0.24 miles

  • Public District Grades 3-5

school-card-donut-431484
5
/10

  • Charles H. Bullock School

  • 55 Washington St

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-431485
6
/10

  • Edgemont Elementary School

  • 20 Edgemont Rd

  • 0.93 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,286. The most common annual income of people living in Montclair Township, NJ is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Montclair Township›07042›53 Portland Pl

This home is located at 53 Portland Pl in Montclair Twp, NJ and zip code 07042. This home, which was built in 1892, sits on a 0.09 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $975,000.

In October 2024, from all listings sold in Montclair Township, NJ there were more than 16 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. The number of listings in Montclair Township, NJ increased by 17.9% between September 2024 and October 2024.

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

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