41-43 Mission St, Montclair Twp., NJ, 07042

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$1,600,000
41 Days On Site

41-43 Mission St
Montclair Twp., NJ 07042

For Sale|Multi Family|Active
7
Beds
4
Total Baths
4
Full Baths
2,862
SqFt
$559
/SqFt
1887
Built
County:
Essex

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(973) 577-1299
41-43 Mission St41-43 Mission St41-43 Mission St41-43 Mission St
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Exceptional investment opportunity in the heart of Montclair! 41 & 43 Mission Street are being offered together, presenting two adjacent lots. 41 Mission featuring a grandfathered three-unit property and 43 Mission along with a shared gravel parking area. All four units are currently tenant-occupied, generating approximately $107,000 in annual income, making this an ideal turnkey investment with immediate cash flow. The three-family at 41 Mission was fully gut renovated in 2022 and showcases modern upgrades throughout, including vinyl plank flooring, updated kitchen appliances, new plumbing and electrical systems, new windows, furnaces, hot water heaters, and the added convenience of a washer and dryer in the basement. The single-family home at 43 Mission offers additional income potential or future redevelopment flexibility. Zoned R2, this unique offering provides multiple paths for value creation. Investors may choose to maintain the current income stream by extending tenant leases or explore redevelopment opportunities, including converting the single-family to a two-family or reimagining both lots once leases expire. Ideally located near NYC direct train access, Glenfield School and Park, and Montclair's vibrant restaurant and shopping scene, this property combines strong income with long-term upside in a prime location. A 3D Matterport tour is available for virtual preview. Detailed expense information will be provided to qualified buyers upon request.

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Listing Snapshot
Price 
$1,600,000
Days On Site 
41 Days
Bedrooms 
7
Inside Area (SqFt) 
2,862 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1887
MLS® Number 
4023097
Status 
Active
Property Tax 
$27,320
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Carport 
7
Number Of Stories 
3
Parking 
GravelOff Street
Parking Spaces 
7
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Style 
1-One Story3-Three Story
Utilities 
Cable AvailableNatural Gas AvailableUnderground Utilities
Water Source 
Public
Zoning 
R2
Interior Features
Appliances 
Gas Water Heater
Basement 
FullUnfinished
Cooling 
Ceiling Fan(s)
Heating 
BaseboardNatural Gas
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Exterior Features
Construction Details 
Vinyl Siding
Lot Features 
Irregular LotLevelWooded
Patio And Porch 
Porch
Roof 
Asphalt
Schools
School District
Unknown
Elementary School
MAGNET
Middle School
GLENFIELD
High School
MONTCLAIR
Listing courtesy of PROMINENT PROPERTIES SIR

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Neighborhood & Commute
Source: Walkscore
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