Three-Bedroom
80 Valley Rd # 1, Montclair, NJ 07042
For Sale
New
Contact for pricing
Renovated first-floor residence features in-unit laundry and two assigned parking spaces.
Property Size1,300 SF
Price / SF$2.92
Days on Market2
Property Features for 80 Valley Rd # 1
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
in-unit washer and dryer
front porch
Unfinished
First
3 Bedrooms,Bath Main,Dining Room,Kitchen,Laundry Room,Living Room
3
In Unit
1
Non-Functional
14x11
14x13
11x10
14x8
11x11
18x14
Public Water
100X102 IRR
Listing Agency:
SIGNATURE REALTY NJ
(551) 239-8040
Listed By:
Andrea Lew
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 8 at 5:46PM
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 SIGNATURE REALTY NJ
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,300-square-foot first-floor apartment has three bedrooms and one bathroom, with a living room, separate dining room, and kitchen. The kitchen includes stainless steel appliances, granite countertops, and updated cabinetry. In-unit laundry and a front porch are additional features.
The residence is at 80 Valley Rd in Montclair Township, near public transportation and the downtown area, where restaurants, shops, parks, and entertainment are located.
The residence is at 80 Valley Rd in Montclair Township, near public transportation and the downtown area, where restaurants, shops, parks, and entertainment are located.
Key Highlights
- 1,300‑square‑foot first‑floor apartment
- Three bedrooms and one bathroom
- Kitchen with stainless steel appliances, granite countertops, and updated cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,991
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,820
$399.8K
Cap Rate 7%
$285,586
$285.6K
Cap Rate 9%
$222,122
$222.1K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$39.0K $30.00/SF
− Vacancy
−$2.7K −$2.04/SF
EGI
$36.3K $27.96/SF
− OpEx
−$16.4K −$12.58/SF
NOI
$20.0K $15.38/SF
Area
Essex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,820
Cap Rate 7%
$285,586
Cap Rate 9%
$222,122
Alternative Uses
Best Use
Apartment 5plus
$285.6K
$249.9K – $333.2K
NOI $19,991 @ 7.0% cap · market cap 526.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.5K
$297.0K – $396.0K
NOI $23,762 @ 7.0% cap · market cap 625.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,771
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
$733,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Residential income properties in Montclair, NJ
Properties on Market for Residential income properties in Montclair
Frequently Asked Questions
What type of property is this?
Residential income property - Renovated first-floor residence features in-unit laundry and two assigned parking spaces.
Where is this residential income property located?
The property is located at 80 Valley Rd # 1 Montclair, NJ.
What are key features of this property?
This property features: 1,300‑square‑foot first‑floor apartment; Three bedrooms and one bathroom; Kitchen with stainless steel appliances, granite countertops, and updated cabinetry
