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    South Orange Village Triplex Title is generated by Realmo AI

    19 Montrose St, South Orange, NJ 07079

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    Claim this Listing
    For Sale
    $849,000

    Triplex, Multi-Family - South Orange Village Twp., NJ

    Property size:
    3,268 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $259/SF
    Added:
    Apr 21, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 17 at 2:06 am

    Property Features for 19 Montrose St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    5
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Oven - Gas, Range, Refrigerator, Washer
    Standard status
    Active
    Size
    3,268 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    16798

    Utilities

    Heating system
    Baseboard, Fireplace(s), Hot Water (Heating), Other (Heating), Steam
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1923
    Number of units
    3
    Building materials
    Brick, Stucco
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    NICHOLAS WALSH

    Listing agent NICHOLAS WALSH

    Listing office RE/MAX SELECT ONE MADISON AVE, Morristown, NJ

    Listing date Apr 21, 2026

    MLS# 4022139 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in South Orange, close to shopping, dining, parks, and major roadways.
    • Convenient access to NYC via the South Orange Train Station (1.5 miles).
    • Well‑maintained 3‑family property, offering income potential.
    • Spacious building with 3,268 sq ft of living space, 8 bedrooms, and 3 full bathrooms.
    • Includes desirable features such as a fireplace and basement.
    • Equipped with essential appliances: dishwasher, gas oven, range, refrigerator, and washer.

    Overview

    This well-maintained 3-family property is located in South Orange. The building provides 3,268 square feet of living space. It features a total of 8 bedrooms and 3 full bathrooms. All three units are currently occupied. The property is situated approximately 1.5 miles from the South Orange Train Station, offering convenient access to NYC transportation. It is also located in close proximity to shopping, dining, parks, and major roadways. The lot size is 0.06 acres.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $83.5k $25.56
    − Vacancy −$5.4k −$1.65
    EGI $78.1k $23.91
    − OpEx −$23.4k −$7.17
    NOI $54.7k $16.74
    3,268 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $781.3K
    $683.7K – $911.6K (±1% cap)
    NOI $54,694 @ 7.0% cap · market cap 6.44%
    Second Best
    Apartment 5plus
    $717.9K
    $628.2K – $837.6K (±1% cap)
    NOI $50,255 @ 7.0% cap · market cap 5.92%
    Theoretical Best
    Office A
    $853.3K
    $746.7K – $995.6K (±1% cap)
    NOI $59,734 @ 7.0% cap · market cap 7.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.25173
    Latitude
    40.75507

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex near NYC transportation, shopping, dining, and parks.
    Where is this triplex located?
    The property is located at 19 Montrose St South Orange, NJ.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: Prime location in South Orange, close to shopping, dining, parks, and major roadways.; Convenient access to NYC via the South Orange Train Station (1.5 miles).; Well‑maintained 3‑family property, offering income potential.
    More about this property
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