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Renovated Two-Unit Duplex
For Sale
$899,000

63 Montague Pl, Montclair, NJ 07042

Separate entrances serve both residences, and each is leased through 2027.

Property SizeContact for details
Days on Market28

Property Features for 63 Montague Pl

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home
Zoning R-2
Occupancy 100%
Net Operating Income $38,355

Units

Unit Mix 1 x 2BR/1BA, 1 x 5BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes
Tenant in Place Yes

Amenities

Carbon Monoxide Detector
Fire Extinguisher
Parquet Floors
Smoke Detector
Walk-In Closet
Wood Floors
Deck

Building Details

Year Built 1907
Year Renovated 2016
Units 2
Tenancy Multi
Listing Agency: Century 21 The Crossing
Listed By: Christopher Hill · License #2670758
Source: Culturaunitedrealty
Added: Sep 28 Changed: Oct 23 Last Checked: Oct 23 at 5:05PM

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

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Investment Insights

Based on property information with market context.

Renovated in 2016, this duplex contains two residences: a first-floor unit with 2 bedrooms and 1 bathroom, and a 5-bedroom, 2-bathroom residence occupying the upper two floors. Separate front and rear entrances provide distinct access. Parking includes a 3-car garage and 4 additional spaces. The basement has washer and dryer hookups. Steam radiators serve the first and third floors, while the second floor has forced-air heat; window air-conditioning units are also present. The building dates to 1907 and is zoned R-2. Both residences are leased through 2027.

The property is at 63 Montague Pl in Montclair Township, within walking distance of Bloomfield Avenue shops, restaurants, and NJ Transit rail service to Manhattan.

Key Highlights

  • Two residences: 2 bedrooms and 1 bathroom on the first floor; 5 bedrooms and 2 bathrooms across the second and third floors
  • Renovated in 2016; building constructed in 1907
  • 3‑car garage plus 4 additional parking spaces

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,771
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
View Realmo Analytics

Market

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 - Separate entrances serve both residences, and each is leased through 2027.
Where is this duplex located?
The property is located at 63 Montague Pl Montclair, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two residences: 2 bedrooms and 1 bathroom on the first floor; 5 bedrooms and 2 bathrooms across the second and third floors; Renovated in 2016; building constructed in 1907; 3‑car garage plus 4 additional parking spaces
More about this property
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