1283 Valley Road 7, Montclair, NJ 07043

Local realty services provided by:Better Homes and Gardens Real Estate Maturo
1283 Valley Road 7,Montclair, NJ 07043
$220,000
  • 1 Beds
  • 1 Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: hugo palacios
Office: keller williams village square realty
MLS#:25038244
Source:NJ_MLS

Price summary

  • Price:$220,000

About this home

Investor Opportunity – Cash Buyers Only Welcome to 1283 Valley Road, Unit 7, an excellent turnkey investment opportunity located in one of Montclair’s most desirable and vibrant neighborhoods. This charming ground-level 1-bedroom, 1-bath condo is part of a beautifully restored Victorian home just steps from Montclair State University, dining, shopping, and NYC transportation. The unit is currently tenant-occupied with a lease in place through May 21, 2026, generating $1,900/month in rental income, with the tenant expressing interest in staying beyond the lease term—offering investors stable, immediate cash flow. Inside, the apartment features a renovated kitchen with granite countertops, a marble backsplash, and stainless steel appliances, along with a modern bathroom, freshly painted walls, and updated fixtures. Residents enjoy off-street parking and a PET-FRIENDLY community. Low annual taxes ($3,661) and a $382 monthly HOA fee that includes heat, hot water, insurance,

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Home facts

  • Listing ID #:25038244
  • Added:3 day(s) ago
  • Updated:November 10, 2025 at 05:08 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1

Heating and cooling

  • Cooling:Win/AC
  • Heating:Baseboard, Gas

Schools

  • High school:Call B.O.E.
  • Middle school:Call B.O.E.
  • Elementary school:Call B.O.E.

Finances and disclosures

  • Price:$220,000
  • Tax amount:$3,751
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Maturo are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: November 10, 2025. Source: New Jersey Multiple Listing Service, Inc. 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

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