A turnkey, income-producing two-family property in Montclair's high-demand 07042 rental market. Fully renovated in 2016, this building offers modern systems, low-maintenance operations, and consistent tenant demand. Both 2-bedroom units are fully occupied with reliable tenants, providing immediate cash flow and strong portfolio stability. Each 2 bedroom apartment features updated kitchens… Read More and baths, efficient layouts, in-unit washer/dryers, and separate utilities, including tankless water heaters that help reduce operating costs. The property includes a welcoming front porch, a private backyard, and rear porches for both units. An unfinished basement with a full bathroom offers excellent storage flexibility. Located just steps from Glenfield Park, a few blocks from the Bay Street Train Station, and close to the new Wally Choice Community Center, this address provides exceptional access to transit, recreation, and community amenities - key drivers of long-term rental strength. With its comprehensive renovation, modern mechanicals, and proven occupancy, 14 Wheeler Street is a rare opportunity to acquire a well-maintained, low-vacancy asset in one of Montclair's most accessible neighborhoods. Read Less
Courtesy of KELLER WILLIAMS - NJ METRO GROUP, MAURA DETERMANN, 973-783-7400
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
4
Year Built
1912
MLS Number
4032076
30 Days Snapshot Of 07042
$1.29M
-1%
(avg) sold price
11
-35%
homes sold
70
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1912, Renovated in 2016
Cooling
2 Units, Central Air
Exterior Features
Stone, Open Porch(es), Patio, Privacy Fence, Wood Fence
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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