$220,000

Condo for sale Montclair
Property photo number 1 of 6 Photos for Property. File  97984575_29_7f60d57e807d294ec104c81e7e6267fd.jpeg

Overview

SUMMARY: Discover an opportunity with this Montclair condo for sale and available for $220,000. This could be your next ideal home or a smart investment. More details await.
Investor Opportunity Cash Buyers Only Welcome to 1283 Valley Road, Unit 7, an excellent turnkey investment opportunity located in one of Montclair's most desirable and vibrant neighborhoods. This charming ground-level 1-bedroom, 1-bath condo is part of a beautifully restored
Victorian home just steps from Montclair State University, dining, shopping, and NYC transportation. The unit is currently tenant-occupied with a lease in place through May 21, 2026, generating $1, 900/month in rental income, with the tenant expressing interest in staying beyond the lease termoffering investors stable, immediate cash flow. Inside, the apartment features a renovated kitchen with granite countertops, a marble backsplash, and stainless steel appliances, along with a modern bathroom, freshly painted walls, and updated fixtures. Residents enjoy off-street parking and a PET-FRIENDLY community. Low annual taxes ($3, 661) and a $382 monthly HOA fee that includes heat, hot water, insurance, landscaping, snow removal, water, and sewer make this a truly attractive, low-maintenance investment. Note: Building is non-warrantable cash buyers only. Showings by appointment only with 24-hour notice.

Montclair NJ 07043

1 bedroom condo for sale

  • Beds: 1
  • Baths: 1
  • Price: $220,000

Location

Montclair NJ 07043

1 bedroom condo for sale

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