Renovated Two-Family
For Sale
$799,999
76 Mission St, Montclair, NJ 07042
Multi-Family, 2-Two Story, Montclair Twp., NJ
Property Size2,426 SF
Price / SF$329.76
Days on Market9
Property Features for 76 Mission St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 2, Bathroom 1
Parking
4
Subdivision
Fourth Ward
Directions
Please use GPS
Standard status
Active
Size
2,426 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12316
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard, Heat Pump (Heating)
Cooling system
Ductless
Water source
Public
Building Details
Year built
1923
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
KELLER WILLIAMS VILLAGE SQUARE · Keller Williams Realty
(201) 445-4300
Listed By:
LEONARDO TATIS · License #2294805
(201) 906-4570
Added: Sep 29
Changed: Oct 3
Last Checked: Oct 7 at 5:06AM
MLS# 4055810
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 renovated two-family property contains 2,426 square feet of living area. The home was built in 1923 and has three bedrooms, two bathrooms, a basement, a detached two-car garage, and two additional parking spaces. Heating includes hot water, baseboard, and heat pump systems; cooling is ductless.
Bloomfield Avenue, with restaurants, shops, entertainment, and transit options, is nearby. Bay Street NJ TRANSIT Station provides rail service toward New York City. Charles H. Bullock School and Glenfield Middle School are also nearby.
Bloomfield Avenue, with restaurants, shops, entertainment, and transit options, is nearby. Bay Street NJ TRANSIT Station provides rail service toward New York City. Charles H. Bullock School and Glenfield Middle School are also nearby.
Key Highlights
- Two‑family home with 2,426 square feet of living area
- Detached 2‑car garage plus 2 additional parking spaces
- Three bedrooms, two bathrooms, and a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,602
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,040
$812.0K
Cap Rate 7%
$580,029
$580.0K
Cap Rate 9%
$451,133
$451.1K
Market Conditions
NOI Build-Up for 2,426 SF
Gross rent
$62.0K $25.56/SF
− Vacancy
−$4.0K −$1.65/SF
EGI
$58.0K $23.91/SF
− OpEx
−$17.4K −$7.17/SF
NOI
$40.6K $16.74/SF
Area
Essex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,040
Cap Rate 7%
$580,029
Cap Rate 9%
$451,133
Alternative Uses
Best Use
Multifamily LT 5
$580.0K
$507.5K – $676.7K
NOI $40,602 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$533.0K
$466.3K – $621.8K
NOI $37,307 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$633.5K
$554.3K – $739.1K
NOI $44,343 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,688
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The property pairs a detached garage with additional parking and ductless cooling.
Where is this duplex located?
The property is located at 76 Mission St Montclair, NJ.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Two‑family home with 2,426 square feet of living area; Detached 2‑car garage plus 2 additional parking spaces; Three bedrooms, two bathrooms, and a basement
