Property

Montclair Twp., NJ 07042 16 New Street

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Presented By: WEICHERT REALTORS; 973-220-3050
  • MLS# 3969049
  • 06/12/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 3

Home Details

Discover an exceptional opportunity with this newly renovated and well-maintained two-family home, perfect for investors or owner occupied. Strategically located just 0.2 miles from Bay St Train Station and in close proximity to Montclair's dynamic dining, shopping, and vibrant cultural scene, this property presents a unique chance to live in one unit while generating rental income from the other, perfectly balancing personal use with investment growth potential. The inviting front Porch sets the tone for the bright and comfortable interiors found throughout. Unit 1 offers a single-level layout featuring a bright eat-in Kitchen, spacious Living Room, a cozy Den, one Bedroom, and a full Bath ideal for guest suite. Easy access to back patio and rear yard. Unit 2 spans two levels, providing generous space and flexibility. This unit includes an eat-in Kitchen, Den, three well-sized Bedrooms, a full Bath, and a convenient Jack-and-Jill Bathroom perfect for shared access between the two-3rd level two Bedrooms. Full unfinished Basement with Laundry and lots of storage. Don't miss chance to own a versatile property with great income potential!
Presented By: WEICHERT REALTORS; 973-220-3050

Interior Features for 16 New Street

Bedrooms

Total Bedrooms4
Unit 1 Beds Total1
Unit 2 Beds Total3

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total2.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent2060
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
BasementFrench Drain, Full, Unfinished
Fuel TypeGas-Natural
Interior AmenitiesBlinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Skylight, Smoke Detector, Vinyl-Linoleum Floors, Walk-In Closet

Other Rooms

Unit 2 Rooms6
Unit 1 Rooms4
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room, See Remarks
Unit 2 Room DescriptionBedrooms, Den, Kitchen, Living/Dining Room

General for 16 New Street

Architectural Style3-Three Story
Cooling2 Units, Window A/C(s)
CountyEssex
DirectionsBloomfield Avenue to New Street
DriveOn-Street Parking, See Remarks
EasementUnknown
Elementary SchoolMAGNET
ExclusionsNone
Farm AssessmentNo
Full Baths3
Garage Spaces
Gross Income
Heating2 Units, Baseboard - Hotwater
High SchoolMONTCLAIR
Home Warranty Y/NNo
Middle/Junior High SchoolMONTCLAIR
Net Operating Income
Number Of Units Total2
Open Parking Spaces0
Operating Expense0
PossessionTBD
RoofAsphalt Shingle
ServicesCable TV Available, Fiber Optic Available, Garbage Included
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount10161
Tax Assessed Value376200
Tax Lot6
Tax Year2024
Total Rooms10
Town #1613
TownshipMontclair Twp.
UtilitiesAll Underground
Water HeaterGas
Year Built1900
ZoningRESIDENTIAL

Exterior for 16 New Street

Exterior AmenitiesCurbs, Open Porch(es), Patio, Sidewalk
Exterior DescriptionAluminum Siding
Lot Dimensions25X129
Lot FeaturesLevel Lot
Lot Size Acres0.07
Water SourcePublic Water

Additional Details

Price History

Schools

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

Tina Torres

Broker/Owner
Price $730,000
MLS#3969049
List Date 06/12/2025
Property Type Multi-Family
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