NJ
Essex
Montclair Twp.
07042
41-43 Mission St
41-43 Mission St, Montclair Twp., NJ 07042
Share Listing
Listing Type
Multi Family
Listing Status
Active
50
$1,600,000

Home Details for 41-43 Mission St

Price
$1,600,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
4
Square feet
2862
Year built
1887
County
Essex
Total rooms
21
Basement
Full, Unfinished
Days on site
37
MLS Listing#
4023097
Property Description

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 Features
  • Utilities
    • Cable Available
    • Natural Gas Available
    • Underground Utilities
  • Heating Information
    • Baseboard
    • Natural Gas
  • Parking
    • Gravel
    • Off Street
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • Ceiling Fan(s)
  • Water Features
    • Public
School Information
School Information for 41-43 Mission St, Montclair Twp., NJ 07042
Elementary School
MAGNET
Middle School
GLENFIELD
High School
MONTCLAIR
Listing Courtesy: PROMINENT PROPERTIES SIR - 973-783-6900
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
Office
973 746 4777
Request more details
Code: