Stabilized 3-Unit Residential
100 Claremont Avenue Verona, NJ 07044
100 Claremont Avenue, Verona, NJ, 07044
$900,000
For Sale
$900,000
Fully leased three-unit triplex with in-basement laundry, assigned parking, and a separately rented garage.
Days on Market115
Property Features for 100 Claremont Avenue
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Listing agency
Century 21 The Crossing
(973) 495-4093
Listed by
Christopher Hill
(973) 495-4093
Source
Compass
Added: Mar 29 Updated: Jul 20 at 6:59PM Checked: Jul 21 at 6:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 The Crossing
Investment Insights
Based on property information with market context.
This stabilized three-unit triplex at 100 Claremont Avenue in Verona, NJ is delivering current residential income with all units leased. The unit mix includes two 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Each unit is separately metered, with tenants paying their own utilities, helping keep operating expenses more controlled. An in-basement laundry is available for residents, and each unit has assigned parking.
In addition to the residential rents of $4,887.50 per month, the property also includes a separately rented garage generating $230 per month. Gross annual income is listed as $61,410. Lease expirations are staggered through 2026, providing stabilized cash flow today alongside natural rent reset points over time.
The current rents are described as below market compared to comparable units in Verona, with an additional $200 per month per unit expected at lease expiration without renovation, according to the seller-provided summary.
In addition to the residential rents of $4,887.50 per month, the property also includes a separately rented garage generating $230 per month. Gross annual income is listed as $61,410. Lease expirations are staggered through 2026, providing stabilized cash flow today alongside natural rent reset points over time.
The current rents are described as below market compared to comparable units in Verona, with an additional $200 per month per unit expected at lease expiration without renovation, according to the seller-provided summary.
Key Highlights
- Fully leased 3‑unit triplex with all units generating current residential rental income
- Current income: $4,887.50/month in residential rents plus $230/month from a separately rented garage ($61,410 gross annually)
- Unit mix includes two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully leased three-unit triplex with in-basement laundry, assigned parking, and a separately rented garage.
Where is this triplex located?
The property is located at 100 Claremont Avenue Verona, NJ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Fully leased 3‑unit triplex with all units generating current residential rental income; Current income: $4,887.50/month in residential rents plus $230/month from a separately rented garage ($61,410 gross annually); Unit mix includes two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
