MLS® ID: 3547598

39 S WILLOW ST

Montclair Twp., New Jersey, 07042-3309

$2,950,000 Active
  • 8 Baths
  • 5000 SQFT
Adjacent to the new $135 million Montclair Redevelopment Project, The Willows Home is a 15-Unit facility catering primarily to retired military veterans. They provide rooming and three daily meals to tenants; No nursing care is provided. This is a three-story building above the ground-floor level. The first floor has a community family room, dining room, living room, kitchen, along with two tenant bedrooms, and three bathrooms. The ground floor has 5 bedrooms and 4 bathrooms, and the second floor has 8 bedrooms and 4 bathrooms. The third floor is designated for staffing and has an open family area and 4 bedrooms. At a 6.3 CAP this is a great investment opportunity. THIS PROPERTY CAN ALSO BE DEVELOPED AS NEW CONDOS WITH A MINIMUM OF SIX UNITS.
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Listing courtesy of COLDWELL BANKER REALTORS

Amenities

  • Full baths
    8
  • Half baths
    0
  • Full Baths Range
    4+ Baths
  • Total Baths
    8
  • Zip
    07042-3309
  • Office name
    COLDWELL BANKER REALTORS
  • SQFT
    5000
  • Zoning type
    R-3
  • Year built
    1897
  • Lot size
    75X208 IRR
  • Sewer
    Public Sewer
  • Heating
    2 Units,Radiators - Steam
  • Tax year
    2018
  • Agent name
    DONN MCDONALD
  • Tax amount
    $ 41694.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    4000-5000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    0024A4
  • Agent ID
    266378

Location

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