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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
On Valley, 1 block north of Watchung
Source: School Digger
Public • PK - 2 • Serves this home
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Laning Avenue Elementary School
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Spring Garden Elementary School
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Clifton Early Learner Academies
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Cedar Grove Memorial Middle School
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Henry B Whitehorne Middle School
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East Orange Campus High School
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The Montclair Kimberley Academy
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Learning Center For Exceptional Children
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Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 345 Crestmont Rd | 4 | 4 | Sep 26, 2025 | $2,800,000 |
| 415 Claremont Ave 5C | 2 | 0 | Sep 10, 2025 | $399,000 |
| 10 Crestmont Rd GB GB | 2 | 0 | Oct 29, 2025 | $175,000 |
| 1 Claridge Dr 824 | 1 | 0 | Oct 08, 2025 | $349,900 |
| 10 Crestmont Rd Unit 1C 1C | 2 | 0 | Sep 10, 2025 | $259,000 |
| 113 Clarewill Ave | 5 | 0 | Sep 26, 2025 | $2,499,900 |
| 9 Bradford Way | 4 | 0 | Sep 13, 2025 | $710,000 |
| 530 Valley Rd 7K | 1 | 0 | Sep 10, 2025 | $349,000 |
| 36 James St | 3 | 0 | Sep 28, 2025 | $839,000 |
| 380 N Mountain Avenue | 4 | 0 | Sep 10, 2025 | $1,258,800 |
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 12,169 | 39,753 | 836,668 | 335,858,263 |
| Population Density | 4,730 | 6,388 | 6,629 | 95 |
| People per Household | 2.7 | 2.5 | 2.7 | 2.6 |
| Median Age | 45.3 | 42.3 | 38.7 | 39.1 |
| Median Income | $186,487 | $133,191 | $67,300 | $66,222 |
| Average Income | $99,903 | $80,283 | $39,983 | $35,475 |
| Cost of Living Index | 142 | 118 | 115 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 19.5°F | 19.5°F | 24.4°F | 22.6°F |
| July Avg. High Temp | 85.5°F | 85.5°F | 85.2°F | 86.2°F |
| Annual Precipitation | 51.5" | 51.5" | 46.25" | 38" |
83/100
Walk Score ®
51/100
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 8/100, Bike Score: 34/100.
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7 bds • 3 ba • sqft
422 Valley Road
5 bds • 4 ba • sqft
86 Watchung Avenue 2
5 bds • 3 ba • sqft
35 Watchung Ave
5 bds • 3 ba • sqft
35 Watchung Avenue
5 bds • 4 ba • sqft
180 Wildwood Avenue
5 bds • 4 ba • sqft
110 Gordonhurst Avenue
bds • 0 ba • 4945 sqft
163 Park St
9 bds • 5 ba • 4945 sqft
163 Park St
9 bds • 5 ba • 3454 sqft
163 Park St
8 bds • 4 ba • sqft
77 Central Avenue
6 bds • 4 ba • sqft
102 Bellevue Avenue
bds • 0 ba • 6739 sqft
101 Park St
bds • 0 ba • 6739 sqft
101 Park St
4 bds • 5 ba • sqft
12 Kips Ridge
5 bds • 3 ba • sqft
149 Walnut Street
4 bds • 3 ba • sqft
9 Vincent Place
4 bds • 3 ba • sqft
36 Warfield Street
5 bds • 4 ba • sqft
17 Cliff Street
5 bds • 4 ba • sqft
17 Cliff St
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