Victorian Two-Family with
69 N Fullerton Ave Montclair, NJ 07042
For Sale
$1,250,000
MULTI_FAMILY - Montclair Twp., NJ
Property Size2,485 SF
Price / SF$503.02
Days on Market204
Property Features for 69 N Fullerton Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 2, Basement, Bedroom 3, Bathroom 2, Bedroom 1, 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
Steam, Other (Heating)
Water source
Public
Building Details
Year built
1880
Floors in Building
3
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
C-21 GEMINI, LLC.
(973) 744-2700
Listed By:
CEIL ADKINS
(973) 890-0500
Added: Jan 6
Changed: Jul 28
Last Checked: Jul 29 at 5:06AM
MLS# 4003979
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.
A grand Victorian farmhouse sits on a large lot and includes parking for up to 15 cars. The property also features two finished studio structures that are fully insulated and served by separate utilities, providing additional independent space within the same offering.
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.
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 (Year built: 1880) with high ceilings and wood floors
- Legal two‑family home potential or convert to single‑family with one studio structure as an Accessory Dwelling Unit (ADU)
- Huge lot with parking for 15 cars
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 |
2,485 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$594.1K
$519.9K – $693.2K
NOI $41,589 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$545.9K
$477.7K – $636.9K
NOI $38,214 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$648.9K
$567.8K – $757.0K
NOI $45,422 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Large parking capacity and insulated studio structures with separate utilities support flexible residential income uses.
Where is this duplex located?
The property is located at 69 N Fullerton Ave Montclair, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Grand Victorian farmhouse (Year built: 1880) with high ceilings and wood floors; Legal two‑family home potential or convert to single‑family with one studio structure as an Accessory Dwelling Unit (ADU); Huge lot with parking for 15 cars
