70 N Willow St, Montclair, NJ 07042

Local realty services provided by:Better Homes and Gardens Real Estate Maturo
70 N Willow St,Montclair Twp., NJ 07042
$1,149,000
  • 10 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: imbar meidani, roi vana
Office: improov homes
MLS#:3999658
Source:NJ_GSMLS

Price summary

  • Price:$1,149,000

About this home

PRIME MONTCLAIR OPPORTUNITY! Live Smart or Invest Wise!Legal 2-family on desirable North Willow St! 3,563 SF total living space on 4,636 SF lot. Built 1907, effective age 10 yrs, well-maintained UNIT #1 (1st Floor) - VACANT & READY: 4 bed, 1 bath, 1,493 SF. Perfect for owner-occupant or select your ideal tenant!UNIT #2 (2nd Floor) - PREMIUM INCOME: 6 bed, 3 bath, 2,071 SF. Rare large unit with strong rental demand.OWNER-OCCUPANT OPPORTUNITY: Live for just $2,161/mo effective cost! With simple $10K-$15K upgrades to Unit #2 (kitchen, baths, finishes), rent at $5,000/mo while tenant covers 70% of your total housing expenses. Comparable homes rent for $4,500-$6,500/mo - you live for less than half that while building equity in a $1.149M asset!INVESTOR VALUE-ADD: Current income $100K+/yr. Strategic $12.5K renovation increases NOI to $69,688 (6.06% cap rate) and creates $31K-$51K instant equity. Self-managed cash flow $930/mo with 15-17% total annual returns including appreciation & tax

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Home facts

  • Year built:1907
  • Listing ID #:3999658
  • Added:24 day(s) ago
  • Updated:December 17, 2025 at 06:31 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Cooling:2 Units, Wall A/C Unit(s)
  • Heating:2 Units, Forced Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1907

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,149,000
  • Tax amount:$13,884 (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 December 17, 2025

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