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Montclair Duplex Ready For Renovation

197 N Fullerton Ave, Montclair, NJ 07042

For Sale
$698,000
Pending

Two-family property in Montclair near Walnut Street Train Station.

Property SizeContact for details
Lot Size0.19 Acres
Days on Market245

Property Features for 197 N Fullerton Ave

General Information

Standard status Pending
Lot size 0.19 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $13,452

Building Details

Year Built 1916
Units 2
Listing Agency: Prominent Properties Sotheby's International Realty-Montclair
Listed By: LAURENA WHITE
Source: Elliman
Added: Mar 10 Changed: Nov 1 Last Checked: Nov 8 at 6:23AM

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 Prominent Properties Sotheby's International Realty-Montclair

Rey
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Investment Insights

Based on property information with market context.

This two-family property is ready for total renovation and expansion. Located five blocks from the Walnut Street Train Station, it is also near the year-round Saturday Farmer's Market, Montclair Brewery's live entertainment, restaurants, and more. The property is ideal for owner-occupancy or investors with vision and will be delivered vacant. Water and electric are separated. Heat is not. An underground oil tank is in use and protected with a ProGuard Insurance Policy.

Key Highlights

  • Prime Location: Just 5 blocks to Walnut Street Train Station, Farmer's Market, Montclair Brewery, and restaurants.
  • Vacant Delivery: Ready for immediate renovation and occupancy.
  • Investment Potential: Ideal for owner‑occupiers or investors.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

2,356
Businesses Nearby

Demographics for 07042, NJ

27,384
Population
11,682
Households
2.3
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
7,206
Density / Sq Mi
$127,083
Median Household Income
$75,856
Median Earnings
$2,017
Median Rent
$733,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Essex County, NJ

$352 Jul
$334 Aug
$279 Sep
$277 Oct

Properties on Market for Duplexes in Essex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-family property in Montclair near Walnut Street Train Station.
Where is this duplex located?
The property is located at 197 N Fullerton Ave Montclair, NJ.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Prime Location: Just 5 blocks to Walnut Street Train Station, Farmer's Market, Montclair Brewery, and restaurants.; Vacant Delivery: Ready for immediate renovation and occupancy.; Investment Potential: Ideal for owner‑occupiers or investors.
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