Property

Montclair Twp., NJ 07042 27 William St

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Presented By: COMPASS NEW JERSEY LLC; 973-618-6368
  • MLS# 3957561
  • 04/18/2025
  • Request Tour
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  • Beds • 5
  • Baths • 3

Home Details

Rare, THREE unit multifamily property in Montclair with charming front porch, ample parking on site, and a fenced backyard space. Unit 1 has two bedrooms, one bath, a renovated kitchen and bathroom, plus direct interior access from the parking area. Unit 1 is now vacant. Unit 2 has two bedrooms, 1 bathroom and is rented for $1,530/month. Lease expires 10/31/2025. Unit 3 is a one bedroom/studio apartment rented for $1,250/month. Lease expires 10/31/2025. Tenants pay for gas and electric. Owner pays for water and sewer. None of the tenants have pets. Parking is included in leases. The basement has interior and exterior access, offering space for tenant storage and shared laundry. The property is just 3 blocks from Walnut Street and just 5 blocks to Bloomfield Ave. Great opportunity to buy with active, established income in place. Buyers will have many options for improvement, conversion, or to owner occupy. The lifestyle of this location is second to none with access to Walnut Street train station to NYC, the Mid-Valley business district with multiple cafe's, classic Tierneys, Enzo's and Hot Bagels Abroad. Natural beauty is just around the corner with Van Vleck Gardens and Edgemont Park.
Presented By: COMPASS NEW JERSEY LLC; 973-618-6368

Interior Features for 27 William St

Bedrooms

Total Bedrooms5
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total1

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft635
Unit 2 Sq Ft600
Unit 3 Sq Ft500
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent0
UnitType2TotalRent1530
UnitType3TotalRent1250
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCeiling Fan(s), Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCeiling Fan(s), Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 3 Appl/EquipCeiling Fan(s), Range/Oven - Gas, Refrigerator
BasementFull, Unfinished
Fuel TypeGas-Natural
Interior AmenitiesTile Floors, Vinyl-Linoleum Floors, Window Treatments

Other Rooms

Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms3
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, Porch
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room

General for 27 William St

Architectural Style3-Three Story, Triplex
CoolingWindow A/C(s)
CountyEssex
DirectionsBloomfield Ave to Valley Rd to William St
Drive2 Car Width, Blacktop, Off-Street Parking
EasementUnknown
Elementary SchoolMAGNET
Full Baths3
GarageNone
Garage Spaces
Gross Income60300
Heating3 Units, Baseboard - Hotwater
High SchoolMONTCLAIR
Middle/Junior High SchoolMAGNET
Net Operating Income37158
Number Of Units Total3
Open Parking Spaces7
Operating Expense23039
PossessionIMMED
RoofAsphalt Shingle
SewerPublic Available
Standard StatusActive
StatusActive
Subdivision NameFrogtown/Walnut Street
Tax Annual Amount12056
Tax Assessed Value354300
Tax Lot5
Tax Year2024
Total Rooms9
Town #1613
TownshipMontclair Twp.
UtilitiesElectric
Water HeaterGas
Year Built1907
ZoningR2

Exterior for 27 William St

Exterior AmenitiesCurbs, Metal Fence, Open Porch(es), Sidewalk
Exterior DescriptionVinyl Siding
Lot Dimensions50X90
Lot FeaturesLevel Lot
Water SourcePublic Water

Additional Details

Price History

Schools

Elementary School Magnet Elementary School
Middle School Magnet Middle School
High School Montclair High School

Tina Torres

Broker/Owner
Price $765,000
MLS#3957561
List Date 04/18/2025
Property Type Multi-Family
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