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41 S Willow St

Montclair Twp., NJ 07042
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 67 Days
  • MLS #: 3836123
Under Contract
UPDATED: 67 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,794
    SQFT
  • $250
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1897
County:

School Ratings & Info

Description

PRIME location in Montclair near downtown shops and restaurants and NYC train and buses and highways. 16 Unit Rooming House PLUS Parking for 6-8 cars plus 3 garages with replaced doors. Gorgeous Victorian style building with wrap around porch, Grand entry foyer with wood work, stairs with beautiful banister. Some rooms with decorative FPL with elaborate design. Gas steam boiler (2018). Laundry room with coin operated 2 washers and 2 dryers (not included in GOI) 2 car width paved long driveway. 2 Br unit has separate heating. Being sold "strictly as is." Current income does not reflect market income. Net and Potential Income statement available. Can be bought as package for $3.7M or Sold Separately: 29 Union St $899k, 31 Union St. $899k, 34 Union St 999K, 41 S. Willow St 1.2M. Building and detached garages Being Sold Strictly "AS IS" Personal items and Security cameras EXCLUDED

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. Notice: The dissemination of listings on this website 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-07T23:46:44.11.
www.micheleklug.com/homes/138209291
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41 S Willow St Montclair Twp., NJ 07042

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 67 Days
  • Updated: 67 min ago
  • MLS #: 3836123
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,794
SQFT
$250
$/SQFT
1897
Built
Neighborhood:
Montclair Estate Section
County:
Essex
Area:
Montclair Twp.
Property Description
PRIME location in Montclair near downtown shops and restaurants and NYC train and buses and highways. 16 Unit Rooming House PLUS Parking for 6-8 cars plus 3 garages with replaced doors. Gorgeous Victorian style building with wrap around porch, Grand entry foyer with wood work, stairs with beautiful banister. Some rooms with decorative FPL with elaborate design. Gas steam boiler (2018). Laundry room with coin operated 2 washers and 2 dryers (not included in GOI) 2 car width paved long driveway. 2 Br unit has separate heating. Being sold "strictly as is." Current income does not reflect market income. Net and Potential Income statement available. Can be bought as package for $3.7M or Sold Separately: 29 Union St $899k, 31 Union St. $899k, 34 Union St 999K, 41 S. Willow St 1.2M. Building and detached garages Being Sold Strictly "AS IS" Personal items and Security cameras EXCLUDED
Exterior Features

Approximate Lot Size 73X191 IRR Construction See Remarks Exterior Description Aluminum Location Residential Area Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 1 Car WidthBlacktopDriveway-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-PartiallyUnfinished Cooling No Cool Equipment Available AppliancesFire AlarmKitchen AreaRestrooms - Private Heating 1 Unit Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 5 Office Sq Ft 0

Property Features

Expenses Include ElectricityGas/OilInsuranceSnow RemovalTaxesWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 160800 Lease Includes Building InsuranceBuilding MaintenanceElectricGasHeatSewerTaxesWater Net Operating Income 110241 Owner Pays ElectricGasHeatHot WaterSewerSnow RemovalWater Permitted Use Class A Rooming House Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 41 Tax Amount 30210 Tax Rate Amount 3.288 Tax Rate Year 2022 Tax Year 2022 Tenant Pays Cable T.V. Total Operating Expense 50559 Utilities ElectricGas-Natural Utilities Paid By Landlord Water Public Water Year Built Description Approximate Zoning R2

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Suburban Realty: 973-906-4944.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. Notice: The dissemination of listings on this website 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-07T23:46:44.11.
 
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The Michele Klug Team | Keller Williams Towne Square Realty
222 Mt Airy Rd
Basking Ridge NJ, 07920