41 Mission St, Montclair Twp., NJ 07042
- 7 beds |
- 4 baths
Multi-Family Home 
Built in 1887 
—— sqft lot 
—— car garage 
$——/sqft 
Listed 16 days ago
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.
- Listing Status:
- Active
- Date Added:
- April 30, 2026
- Data Last Updated:
- May 10, 2026 at 6:40AM
- Listing Office:
- PROMINENT PROPERTIES SIR : 973-783-6900
- MLS ID:
- 4023097
- General: Vinyl SidingCurbsOpen Porch(es)SidewalkThermal Windows/DoorsWood Fence
- Parking: Parking spaces: 7
- Roofing: Asphalt ShingleFlat
- County: Essex
- Driveway: 2 Car WidthAssignedGravelLightingOff-Street ParkingParking Lot-Exclusive
- Zoning: R21613-03111-0000-00010-0000-
- Utilities: All UndergroundElectricGas-Natural
- Water: Public Water
- Sewer: Public Sewer
- Exclusions: Tenant's possessions
This listing courtesy of PROMINENT PROPERTIES SIR
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
