41-43 Mission St, Montclair, NJ 07042
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
41-43 Mission St,Montclair Twp., NJ 07042
$1,600,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: laurena white
Office: prominent properties sir973-783-6900
MLS#:4023097
Source:NJ_GSMLS
Price summary
- Price:$1,600,000
About this home
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-family property and 43 Mission offering a single-family home—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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Home facts
- Year built:1887
- Listing ID #:4023097
- Added:41 day(s) ago
- Updated:June 05, 2026 at 02:09 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:21
- Basement Description:Basement, Bilco-Style Door, Full, Unfinished
Heating and cooling
- Cooling:4+ Units, Ceiling Fan
- Heating:4+ Units, Baseboard - Hotwater
Structure and exterior
- Roof:Asphalt Shingle, Flat
- Year built:1887
- Lot Features:Irregular Lot, Level Lot, Possible Subdivision
- Architectural Style:1-One Story, 3-Three Story
- Construction Materials:Vinyl Siding
- Exterior Features:Curbs, Open Porch, Sidewalk, Thermal Windows/Doors, Wood Fence
Schools
- High school:MONTCLAIR
- Middle school:GLENFIELD
- Elementary school:MAGNET
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,600,000
- Tax amount:$27,320 (2026)
Features and amenities
- Amenities:All Utilities Underground, Carbon Monoxide Detector, Fire Extinguisher, Gas-Natural, High Ceilings, Smoke Detector
Parking
- Parking description:2 Car Width, Assigned, Gravel Driveway, Lighting, Off-Street Parking, Parking Lot-Exclusive
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