Listed by: Elaine Pardalos, [email protected], Brown Harris Stevens New Jersey, (973) 744-6033, Listing Courtesy of NJMLS
$1,350,000
●
House -
Off Market
2 Marquette Road
Montclair, NJ 07043
3 Beds
4 Baths,
2
Half Baths
$8,355
Est. Monthly
1.58%
Cap Rate
About This Property
Desirable Fieldstone area of Upper Montclair is tree-lined setting
for this inviting & sun-filled spacious Colonial. Exceptionally
large rms define this move-in ready updated home w/tons of bonus
space plus 3 BRs, 2 full & 2 half BAs. Kitchen w/custom cabinets,
granite & SS appliances &adjoining breakfast/bonus rm. Plus
spacious FDR leads to over 20' LR w/gas FP & French doors to sunrm
overlooking yard & access to attached garage. Plus 1st fl powder
rm, kitchen side dr to drwy & back dr to patio & yard. 2nd fl 3
generous BRs incl primary w/updated BA & updated hall BA w/soak
tub. 3rd fl fin. attic. Fin. bsmt family rm, laundry & powder rm.
Large yard w/paver patio, designer landscaping & sprinklers. CA,
mini split, newer windows, new furnace & roof, attached garage,
newly painted in/out. NYC Train, bus, magnet schools, restaurants,
shops, parks, Iris Gardens, Mill Reservation. Terrific neighbors &
wonderful Fieldstone online info sharing community. Enjoy
magnificent Montclair!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,726
HOA Dues
-
Year Built
1937
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NJMLS #24028753)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Brown Harris Stevens New Jersey | $979,000 | |
| Listed by Brown Harris Stevens New Jersey | |||
Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Upper Montclair
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Listed by: Elaine Pardalos
Brown Harris Stevens New Jersey
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24028753
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Brown Harris Stevens New Jersey
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24028753
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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