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55 Grove StMontclair, NJ 07042
55 Grove Court
Asset ClassMultifamily
# Units30
# Stories: 3Year Built: 1925Land: 1.95 AcresAccess Data Room
30 Units
overview of deal

Overview

Grove Court is a well-maintained residential community in Montclair, offering a mix of one and two bedroom floor plans across 30 thoughtfully designed units. Constructed in 1925, the three-story building blends historic charm with updated interiors, providing residents with a comfortable and character rich living environment. Nestled along Glenridge Avenue, the property sits in a serene neighborhood surrounded by mature landscaping, offering a peaceful setting just moments from Montclair’s lively downtown.

 

Ideally located for commuters and residents alike, the property is just a 7-minute walk from Bay Street Station, providing direct service to New York City in less than 40 minutes. It also enjoys easy access to County Route 506 and nearby highways. A wide range of local amenities are nearby, including The Wellmont Theater, parks, cultural venues, dining, and boutique shopping. Montclair State University is only 11 minutes away by car, and major employers such as Hackensack Meridian Mountainside Medical Center and Bloomfield College are just a short drive from the property, further enhancing its convenience and appeal.

Investment Highlights

  • 7 Min Walk to Nearby Train Station to NYC
  • $650+/mo Rent Upside
  • <40 Min to NYC to Train
  • Close Proximity to Various Amenities
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55 Grove StMontclair, NJ 07042

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