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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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41-43 Mission St , Montclair Twp., NJ 07042
$1,600,000
Est. Payment: $8,142.73/mo
7 Bed
4 Bath
0 Sqft
Status: active | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House 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.
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Highlights

Listed by LAURENA WHITE , MP PROMINENT PROPERTIES SIR , 973-783-6900. Garden State MLS

Property Type

Multi-Family

Year Built

1887

County

Essex

Listing ID

4023097

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:4+ Units,Ceiling Fan
Fireplaces:
Basement:Bilco-Style Door,Full,Unfinished
Other:Carbon Monoxide Detector,Fire Extinguisher,High Ceilings,See Remarks,Smoke Detector
Other:Public Water

Exterior Features

Lot:Irregular Lot,Level Lot,Possible Subdivision
Lot Dimensions:85X90 IRR
Zoning:R2
Roof:Asphalt Shingle, Flat
Others:Curbs,Open Porch(es),Sidewalk,Thermal Windows/Doors,Wood Fence,Vinyl Siding,2 Car Width,Assigned,Gravel,Lighting,Off-Street Parking,Parking Lot-Exclusive
Sewer:Public Sewer
Principal Interest
$8,143
Taxes
$2,277

Home Price

$1,600,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,142.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,142.73 $2,276.67 $0.00 $10,419.40
Yearly $97,712.79 $27,320.00 $0.00 $125,032.79
Total $2,931,383.61 $819,600.00 $0.00 $3,750,983.61

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Montclair Twp., NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS