100 Claremont Ave, Verona, NJ 07044

Verona
Local realty services provided by:Better Homes and Gardens Real Estate PorchLight Properties
100 Claremont Ave,Verona Twp., NJ 07044
$900,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Thu, Apr 02
    11:00 am - 01:00 pm
Listed by: christopher hill
Office: century 21 the crossing
MLS#:4017440
Source:NJ_GSMLS

Price summary

  • Price:$900,000

About this home

Stabilized 3-unit property delivering strong current income with built-in upside. All units leased, generating $4,887.50/month in residential rents plus $230/month from a separately rented garage. $61,410 gross annually. Unit mix: two 2-bedroom/1-bath and one 1-bedroom/1-bath. All units separately metered with tenants paying their own utilities, keeping operating expenses low and cash flow predictable. In-basement laundry, plus assigned parking for each unit. Current rents are below market comparable units in Verona support an additional $200/month per unit at lease expiration, providing a clear path to increased returns without renovation. Lease expirations stagger through 2026, offering stabilized income today with natural rent reset opportunities ahead. Verona's rental demand remains strong, driven by top-rated schools, a walkable downtown, and direct NYC transit access. A clean, income-producing asset in a high-demand market. Perfect for the buy-and-hold investor looking to add a...

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Home facts

  • Year built:1921
  • Listing ID #:4017440
  • Added:1 day(s) ago
  • Updated:March 30, 2026 at 03:54 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:11
  • Basement Description:Basement, Bilco-Style Door, Unfinished

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:2 Units

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1921
  • Lot area:0.17 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Vinyl Siding
  • Exterior Features:Deck

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Tax amount:$13,915 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:2 Car Width, Detached Garage
  • Garage spaces:1
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. 2026 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 March 30, 2026

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