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$ 679,000
Est. payment /mo
Under Contract
14 Wheeler St Montclair Twp., NJ 07042
4 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4032076
Style 2-Two Story
Bedrooms 4
Full Baths 3
Half Baths 8
Year Built 1912
Annual Tax Amount $10,000
Tax Year 2025
Property Description
A turnkey, income-producing two-family property in Montclair's high-demand 07042 rental market. Fully renovated in 2016, this building offers modern systems, low-maintenance operations, and consistent tenant demand. Both 2-bedroom units are fully occupied with reliable tenants, providing immediate cash flow and strong portfolio stability. Each 2 bedroom apartment features updated kitchens and baths, efficient layouts, in-unit washer/dryers, and separate utilities, including tankless water heaters that help reduce operating costs. The property includes a welcoming front porch, a private backyard, and rear porches for both units. An unfinished basement with a full bathroom offers excellent storage flexibility. Located just steps from Glenfield Park, a few blocks from the Bay Street Train Station, and close to the new Wally Choice Community Center, this address provides exceptional access to transit, recreation, and community amenities - key drivers of long-term rental strength. With its comprehensive renovation, modern mechanicals, and proven occupancy, 14 Wheeler Street is a rare opportunity to acquire a well-maintained, low-vacancy asset in one of Montclair's most accessible neighborhoods.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling 2 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Stone
Utilities Available Gas-Natural
Roof Type Composition Shingle
Building
Sewer Public Available
Water Public Water
Architectural Style 2-Two Story
Schools
Elementary Schools Magnet
Middle Schools Magnet
High Schools Montclair
Others
Senior Community No
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Listed by KELLER WILLIAMS - NJ METRO GROUP
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