For Multi Family

41 Mission St,Montclair Twp., NJ 07042-4594

April 30, 2026

Exceptional investment opportunity in the heart of Montclair! 41 & 43 Mission Street are being offered together, presenting two adjacent lots. 41 Mission featuring a grandfathered three-unit property and 43 Mission along with a shared gravel parking area. All four units are currently tenant-occupied, generating approximately $107,000 in annual income, making this an ideal turnkey investment with immediate cash flow. The three-family at 41 Mission was fully gut renovated in 2022 and showcases modern upgrades throughout, including vinyl plank flooring, updated kitchen appliances, new plumbing and electrical systems, new windows, furnaces, hot water heaters, and the added convenience of a washer and dryer in the basement. The single-family home at 43 Mission offers additional income potential or future redevelopment flexibility. Zoned R2, this unique offering provides multiple paths for value creation. Investors may choose to maintain the current income stream by extending tenant leases or explore redevelopment opportunities, including converting the single-family to a two-family or reimagining both lots once leases expire. Ideally located near NYC direct train access, Glenfield School and Park, and Montclair’s vibrant restaurant and shopping scene, this property combines strong income with long-term upside in a prime location. A 3D Matterport tour is available for virtual preview. Detailed expense information will be provided to qualified buyers upon request.

Property ID:PT-39417271-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 1,600,000 $

Bedrooms:7

Year Built:1887

Listing Details

Status: Active

Location

County: Essex

Lotsize: 85X90 IRR

Lot Identifier: 10&11

Lot Description: Irregular Lot, Level Lot, Possible Subdivision

Lot Identifier: 10&11

Home Details

Open Parking: 7

Basement: Yes

Renovated: 2022

Basmnt/Desc: Yes - Bilco-Style Door, Full, Unfinished

Acreage: 0.00

Total Baths: 4.00

Unit Style: 1-One Story, 3-Three Story

Number of Units: 4

Rooms: 21

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle, Flat

Possesion: 30-60

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Lease Expire: 2027-03-31

Unit 1 SqFt: 820

Unit 1 Rent: 2500

Unit 1 Room Description: Bedrooms, Den, Dining Room, Kitchen, Living Room, Porch

Unit 1 Security Deposit: 2500

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Lease Expire: 2027-03-31

Unit 2 SqFt: 820

Unit 2 Rent: 2500

Unit 2 Room Description: Bedrooms, Den, Dining Room, Kitchen, Living Room, Pantry

Unit 2 Security Deposit: 2400

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 3 Levels: 3

Unit 3 Rooms: 6

Unit 3 Beds: 2

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 Lease Expire: 2027-03-31

Unit 3 SqFt: 820

Unit 3 Rent: 2400

Unit 3 Room Description: Bedrooms, Den, Dining Room, Kitchen, Living Room, Pantry

Unit 3 Security Deposit: 2500

Unit 4 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 4 Levels: 1

Unit 4 Rooms: 3

Unit 4 Beds: 1

Unit 4 Baths: 1.0

Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 4 Handicap: No

Unit 4 Lease Expire: 2026-05-31

Unit 4 SqFt: 402

Unit 4 Rent: 1250

Unit 4 Room Description: Bedrooms, Kitchen, Living/Dining Room, Porch, Storage

Color of Building: Tan

Block Identifier: 3111

County Number: 16

Town Number: 1613

YB/Desc: 1887 - Approximate, Renovated

Color of Building: Tan

Easement: No

Parking/Driveway Description: 2 Car Width, Assigned, Gravel, Lighting, Off-Street Parking, Parking Lot-Exclusive

Block Identifier: 3111

County Number: 16

Town Number: 1613

Possession: 30-60

Taxes, Fees & Assessments

Expense Include: Cold Water, Electric, Maintenance, Taxes

Warranty: No

Tax ID For Property: 1613-03111-0000-00010-0000-

Tax Amount: $27,320.00

Tax Year: 2026

Tax Rate: 3.516%

Tax Rate Year: 2026

Farm Assessment: No

Land Assessment: $240,900.00

Building Assessment: $536,100.00

Total Assessment: $777,000.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 4+ Units, Baseboard - Hotwater

Cool System: 4+ Units, Ceiling Fan

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground, Electric, Gas-Natural

Services: Cable TV Available, Fiber Optic Available, Garbage Included

Schools

Grade School: MAGNET

Middle School: GLENFIELD

High School: MONTCLAIR

Other

Zoning: R2

Carbon Monoxide Detector
Curbs
Fire Extinguisher
High Ceilings
Open Porch(es)
See Remarks
Sidewalk
Smoke Detector
Thermal Windows/Doors
Wood Fence

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Listing Details

41 Mission St,Montclair Twp., NJ 07042-4594

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