422 Valley Rd, Montclair, NJ 07043

Local realty services provided by:Better Homes and Gardens Real Estate Elite
422 Valley Rd,Montclair Twp., NJ 07043
$1,499,999
  • - Beds
  • 3 Baths
  • 3,480 sq. ft.
  • Multi-family
  • Active
Listed by:mary fourte
Office:fourte international
MLS#:3966513
Source:NJ_GSMLS

Price summary

  • Price:$1,499,999
  • Price per sq. ft.:$431.03

About this home

Look at this, a projected gross annual income of $103,500 and an est. net of $77,900, resulting in a 4.6% cap rate. This pristine multi-family gem on a corner lot in highly sought-after Upper Montclair features 3 impressive rental units with low fixed costs and strong net returns, making it an ideal opportunity for both investors and owner-occupants.Perfectly situated just blocks from the Watchung train station, with a direct line to NYC and easy access to Montclair schools. The 1st and 2nd floors exude charm with hardwood floors, fireplaces, French doors, and private porches. The 3rd floor unit is a fully town-compliant 1 bedroom rental showcasing a modern open layout with vaulted ceilings, skylights, hardwood floors and a sun-drenched living space. Additional highlights include separate utilities for each unit, two laundry rooms, five storage areas in a sparkling clean basement, and a bonus three-car garage with a total of six off-street parking spaces. The property has been

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Home facts

  • Year built:1922
  • Listing ID #:3966513
  • Added:116 day(s) ago
  • Updated:September 23, 2025 at 07:49 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,480 sq. ft.

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:Baseboard - Electric, Radiators - Steam

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1922
  • Building area:3,480 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:MONTCLAIR

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,499,999
  • Price per sq. ft.:$431.03
  • Tax amount:$22,663 (2024)
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 IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website 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. This information is being provided 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. Date Last Updated September 23, 2025

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