31 Union St Montclair, NJ $ 695,000
31 Union St
$ 695,000
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31 Union St

Montclair, NJ, 07042
$ 695,000
Baths0.6 Sq 258

Monthly Estimate*

$ 4,619

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Studio

Commercial Property for sale in Montclair, NJ

for $695,000 with 6 half baths. This 258 square foot building was built in 1902 on a lot size of 0.17.

Prime Montclair Estate Section and Downtown Location! State Licensed Rooming House with front open porch/deck. Large entry foyer with Toilet. Owned Coin Operated Washer and Dryer. Hallway shared full bathroom on second level. 1 Car Garage and 1 car driveway and another shared driveway to parking lot in back for 3+ cars. Tenants pay monthly partial sewer fee. BRAND NEW Above Ground Oil Tank! 1st Fl - #1(2 Rooms w Kitchenette gas stove, fridge, sink), #9(1BR Apt w LR, Kit, FB) #2 Room w Kitchenette. 2nd Fl - #3 (Room), #4 (Room w Kitchenette), #5 (Room w kitchenette), #6 (Room w sink), #7 Room Hallway Full Bath 3rd Fl - #8R-(1 Br Apt, Lr Kit gas range, sink fridge, Full Bath) #8S (Room, Potential Kitchen). Basement - #10 (Duplex Apt - 1 Br, Lr sink, gas stove, fridge). Current income does not reflect market income. Net and Potential Income statement available. Can be bought as package or Sold Separately: 29 Union St $675k, 31 Union St. $695k. Being Sold Strictly "AS IS". WILL BE DELIVERED WITH TENANTS. Personal items EXCLUDED. No Wholesalers!!!

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Commercial Pending

Price

$ 695,000

Bedrooms

Studio

Half Bath

6

Property Type

Commercial

Taxes

$ 20,242

Style

Apartment Complex

Lot Size

0.17

Year Built

1902

Town/City

Montclair

County/Region

Essex

MLS | Web ID

3888847

Features
General
Sewer Private
Construction See Remarks
Heating 1 Unit Radiators - Steam
Cooling No Cool
Utilities Electric Gas-Natural
Possession TBA
Roof Asphalt Shingle
Zoning R-2
Garage Spaces 5
Year Built 1902
Tenant Pays Cable T.V.
Township Montclair Twp.
Property Type Apartment Complex See Remarks Apartment Complex
Tax Year 2023
Percent Ownership Fee Simple
Location Freestanding Residential Area
County Essex
Subdivision Name Montclair Estate Section
Status Under Contract
Directions Bloomfield Ave / Gates Ave / R Union St
Total Units 11
Street Name Union St
Tax Annual Amount 20242
Drive 1 Car Width Driveway-Shared Hard Surface Off-Street Parking
Leasable Area 0
Days on Market 60
Standard Status Under Contract
Tax Assessed Value 598900
Town # 1613
Tax Lot 8
Farm Assessment No
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Interior
Basement Finished-Partially Storage
Flooring Tile Wood
Fuel Type OilAbIn
Total Stories 3
Half Baths 6
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Aluminum
Building Area Total 3646
Lot Dimensions 7300SF
Lot Size Acres 0.17
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* Excluded Features
List By
FANNY NA CHUNG

Listing Agent

Keller Williams Suburban Realty

Broker

fannynachung@kw.com

Email

Affordability Calculator

$6,306
Per Month
73%
27%
0%
Monthly Principal & Interest
$4,619
Monthly Property Taxes
$1,687
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/8/2024$695,000 Listed Price

Map


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31 Union St, Montclair, NJ, 07042 is a Commercial Property for sale at $695,000 with 258 sqft and a lot size of 0.17. 31 Union St is a studio with 0.6 baths and was built in 1902. The property's zip code is 07042 which is in Montclair, NJ