69 N Fullerton Ave Montclair, NJ 07042
MULTI_FAMILY - Montclair Twp., NJ
Property Features for 69 N Fullerton Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bathroom 2, Bathroom 1
- Parking
- 15
- Interior features
- Carbon Monoxide Detector, High Ceilings, Smoke Detector, Wood Floors
- Standard status
- Active
- Size
- 2,485 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 13030
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Steam
- Water source
- Public
Building Details
- Year built
- 1880
- Floors in Building
- 3
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent CEIL ADKINS (973) 890-0500
Listing office C-21 GEMINI, LLC. 192 BELLEVUE AVENUE -, Wayne, NJ (973) 744-2700
Listing date Jan 6, 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.
Investment Insights
Based on property information with market context.
This home is located at 69 N Fullerton Ave in Montclair Township, Essex County, New Jersey. The property is presented with multiple configuration options, including maintaining a legal two-family setup or converting it to a single-family residence with one of the studio structures adapted as an accessory dwelling unit.
The property does require repairs and is being sold as-is, with no repairs to be made by the seller. This makes it well suited for an owner, investor, or builder who wants a contractor-driven project and is looking to use the onsite studios and parking capacity to support a residential rental or owner-occupant layout. Buyers should plan for renovation and verification of how they intend to structure the final use, based on the options described and the condition of the improvements.
Key Highlights
- Grand Victorian farmhouse built in 1880 with high ceilings and wood floors
- Huge lot with parking for 15 cars
- On‑site additional finished studio structures with separate utilities (2 total)
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 | $63.5k | $25.56 |
| − Vacancy | −$4.1k | −$1.65 |
| EGI | $59.4k | $23.91 |
| − OpEx | −$17.8k | −$7.17 |
| NOI | $41.6k | $16.74 |
