$1,399,999
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422 Valley RD, Montclair Twp., NJ 07043

7 Beds
3 Baths
3,480 Sq Ft

Passed a bank inspection with no issues! 3 rents, separate utilities, 3 car garage. Meticulously maintained property offers a projected gross annual income of $103,500 and an estimated net of $77,900, resulting in a 4.6% cap rate. This rare gem sits on a corner lot in highly sought-after Upper Montclair, just blocks from the Watchung train station with a direct line to NYC. Low fixed costs and strong net returns make it an ideal opportunity for both investors and owner-occupants. The 1st and 2nd floors exude charm with hardwood floors, fireplaces, French doors, and private porches. The 3rd floor unit is a fully town-compliant 1 bedroom boarder unit showcasing a modern open layout with vaulted ceilings, skylights, hardwood floors and a sun-drenched living space. Additional highlights include separate utilities for each unit, two laundry rooms, five storage areas in a sparkling clean basement, and a bonus three-car garage with a total of six off-street parking spaces. The property has been extensively upgraded with a roof featuring 40-year Timberline shingles and plywood, a new driveway, thermal windows, updated siding and insulation, a new sewer line, and auto-feeding boilers. There's no oil tank or asbestos on the property. This is a rare, turn-key opportunity to own a well-maintained, income-producing property in one of Montclair's most desirable neighborhoods. Property is being sold as is

  • MLS# 3996114
  • Date Listed11/04/2025
  • Days on Realty 5 Days
  • Bedrooms 7
  • Bathrooms 3 Full baths
  • Lot Size 0.17 acres (7,405 sq. ft)
  • Sewer Public Sewer
  • Subdivision Upper
  • Property Type Multi Family
  • County Essex
  • Year Built 1922
  • Water Public
  • Square Feet 3,480 sq. ft
  • Price Per Sq. Ft $402.3

Interior Features

  • Flooring Tile
  • Heating Baseboard, Natural Gas

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres 0.17
  • Lot Size SQFT 7,405.20
  • Lot Features Corner Lot, Level

Financial Considerations

  • Tax Amount $22,663
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NJ / 07043

Source: Walkscore

83/100

Very Walkable

Walk Score ®

51/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 8/100, Bike Score: 34/100.

Points of Interest near 422 Valley Rd, Montclair Twp., NJ 07043

Frequently Asked Questions for 422 Valley Rd

Source: Realty.com

422 Valley Rd, Montclair Twp., NJ 07043 is a Multi Family, Residential Income property listed for $1,399,999 The property is 3480 sq. ft with 7 bedrooms and 3 bathrooms

Realty.com has 46 photos of 422 Valley Rd.

Our records indicate that 422 Valley Rd was built in 1922.

The full address for this home is 422 Valley Rd, Montclair Twp., NJ 07043.

422 Valley Rd has been listed on Realty.com since Tue November 04, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 8/100, Bike Score: 34/100.

There are 3 schools assigned to this home. Check out the schools near 422 Valley Rd. Forest Ave School (Grades: PK - 2), Buzz Aldrin Middle School (Grades: 6 - 8), Montclair High School (Grades: 9 - 12)

Listing provided courtesy of: Fourte International (tel: 973-380-0580)
Listing agent: Mary Fourte (#311643)

This content last refreshed on 2025-11-09 20:33:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 422 Valley Rd, Montclair Twp., NJ 07043 : MLS# 3996114