19 Montrose St, South Orange, NJ 07079
Triplex, Multi-Family - South Orange Village Twp., NJ
- Added:
- Apr 21, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 23 at 7:06 pm
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
- 2
- Building materials
- Brick, Stucco
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent NICHOLAS WALSH (973) 539-6300
Listing office RE/MAX SELECT ONE MADISON AVE, Morristown, NJ (973) 539-6300
Listing date Apr 21, 2026
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
- 2‑family property at 19 Montrose Street with 8 bedrooms and 3 full bathrooms in 3,268 SF total living space
- Bonus third‑floor unit is vacant; both primary units are currently occupied
- Convenient to South Orange Train Station, about 1.5 miles for NYC transportation access
- 1923 construction with brick and stucco exterior; asphalt/shingle roof
- Basement included; fireplace present; heating includes baseboard, steam, hot water (heating), and other heating
- Appliances included: dishwasher, gas oven, range, refrigerator, and washer
Overview
The building is positioned for everyday convenience, with access to shopping, dining, parks, and major roadways. It is also about 1.5 miles from the South Orange Train Station, supporting straightforward commuter access to NYC transportation.
For prospective owners, the current mix of occupied units and a vacant third-floor unit may be appealing for maintaining immediate rental income while preparing the third unit for occupancy. The building’s straightforward duplex-and-bonus arrangement can also fit buyers seeking a manageable, multi-unit setup in a well-kept residential structure.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.25173
- Latitude
- 40.75507
