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1283 Valley Road 7
Montclair NJ 07043 US

$220,000

Active Listing ID 25038244
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1 bed
bath icon
1.00 Bath (1 Full)
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Other

$220,000

Active Listing ID 25038244
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1283 Valley Road 7 Investor Opportunity – Cash Buyers Only Welcome to 1283 Valley Road, Unit 7, an excellent turnkey investment opportunity located in one of Montclair’s most desirable and vibrant neighborhoods. This charming ground-level 1-bedroom, 1-bath condo is part of a beautifully restored Victorian home just steps from Montclair State University, dining, shopping, and NYC transportation. The unit is currently tenant-occupied with a lease in place through May 21, 2026, generating $1, 900/month in rental income, with the tenant expressing interest in staying beyond the lease term—offering investors stable, immediate cash flow. Inside, the apartment features a renovated kitchen with granite countertops, a marble backsplash, and stainless steel appliances, along with a modern bathroom, freshly painted walls, and updated fixtures. Residents enjoy off-street parking and a PET-FRIENDLY community. Low annual taxes ($3, 661) and a $382 monthly HOA fee that includes heat, hot water, insurance, landscaping, snow removal, water, and sewer make this a truly attractive, low-maintenance investment. Note: Building is non-warrantable — cash buyers only. Showings by appointment only with 24-hour notice.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • Cooling System: None (Cooling)
  • Exterior Finish: Common Area
  • Heating Fuels: Baseboard, Natural Gas

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 220000
  • unparsedaddress: 1283 Valley Road 7
  • postalcity: Montclair
  • stateorprovince: NJ
  • country: US
  • postalcode: 07043
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Hugo Palacios
  • listagentemail: hugopalacios@kw.com
  • listagentkey: 3yd-NJMLS-1021729
  • listagentmlsid: 1021729
  • listagentpreferredphone: 9736707046
  • listagentofficephone: 2014454300
  • listofficekey: 3yd-NJMLS-56025
  • listofficemlsid: 56025
  • disclaimer: Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NJMLS
  • countyorparish: ESSEX
  • cooling: None (Cooling)
  • heating: Baseboard, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Common Area
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Carnegie Real Estate LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"hugopalacios@kw.com", "ListBrokerageCity":"Ridgewood", "ListBrokerageCountry":"US", "ListBrokerageEmail":"sallyponchak@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/116/330360/20160629133551940.png", "ListBrokerageName":"Carnegie Real Estate LLC", "ListBrokeragePhone":"(201) 445-4300", "ListBrokeragePostalCode":"07450", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"257 E. Ridgewood Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"257 E. Ridgewood Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Ridgewood", "ListOfficeCountry":"US", "ListOfficeEmail":"sallyponchak@gmail.com", "ListOfficePostalCode":"07450", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Condo - Montclair, NJ", "ListingURL":"https://listings.listhub.net/pages/NJMLS/25038244/?channel=rexren", "MLSModificationTimestamp":"2025-11-06T17:38:08Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Condo", "RawPropertyType":"Condo/Townhome", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2026 12:42:44 AM GMT
Source Updated Date: 1/12/2026 12:40:54 PM GMT

Courtesy of: Hugo Palacios, Keller Williams Village Square Realty, hugopalacios@kw.com

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.