Listed by: Tamima Friedman, [email protected], Keller Williams Realty - NJ Metro Group, (973) 783-7400, Listing Courtesy of NJMLS
$1,300,000
●
House -
Off Market
264 North Mountain Avenue
Montclair, NJ 07043
6 Beds
4 Baths,
1
Half Bath
$8,538
Est. Monthly
2.46%
Cap Rate
About This Property
Updated 6-BR, 3.1 bth Upper Montclair colonial w heated 2-car
garage w loft, private backyard, 2-zone CAC, newer EIK, HW fls,
near shops, parks, schools, NYC transport & more! Tiled
vestibule & foyer w closet. LR w picture window, crown molding &
brick WB FP. Formal DR opens to EIK. Fam rm w big windows &
built-ins. Chef EIK, updated in 2022, has heated fl, windows to
backyard, custom cabs, quartz counters, backsplash & new SS appls.
EIK incl powder rm, stairs to 2nd fl & access to patio, backyard &
garage. 2nd fl has 4 BRs w ceiling fans, incl 2 sharing Jack & Jill
bth w tub/shower. Primary BR has recessed lights & updated ensuite
bath, also accessible from hall, w double vanity, shower & storage.
3rd fl has 2 BRs, incl 1 used as office, 2 storage rms & full bath
w tub/shower. Unfin basement has W/D, freezer, storage & utility
rm. Belgium-block drive leads to garage w loft & skylight &
backyard w stone wall & patio. Near shops, NYC train, Up Montclair
Village, Rt 3, GSP & more!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,154
HOA Dues
-
Year Built
1912
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Cap Rate Calculator
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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: 3 years ago (NJMLS #24010846)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Price Decreased |
$1,299,000
↓ $151K
(10.4%) | |
| Price Decreased | |||
| Apr 12, 2024 | Listed by Keller Williams Realty - NJ Metro Group | $1,450,000 | |
| Listed by Keller Williams Realty - NJ Metro Group | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About Upper Montclair
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Listed by: Tamima Friedman
Keller Williams Realty - NJ Metro Group
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24010846
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.
Keller Williams Realty - NJ Metro Group
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24010846
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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