50
See all 50 photos
$775,000
Est. payment /mo
5 Beds
3.5 Baths
2,114 SqFt
New
68 Claremont Ave Verona Twp., NJ 07044
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,114 sqft
Price per Sqft $366
MLS Listing ID 4059888
Style Under/Over
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 1923
Annual Tax Amount $13,593
Tax Year 2025
Lot Size 8,712 Sqft
Property Description
Verona. Two-family. 50 x 175 lot. Delivered vacant. That combination is rare in this town. Offered by the family and priced with the work in mind, this 1923 home has solid original bones, but it is dated, tired and sold as-is. The sellers will not make any repairs. That is the point. You are not paying for someone else's renovation or taste. You are paying for the land, the layout and the address. Unit 1 lives across the first and second floors: living room with a brick hearth and wood stove, formal dining room, kitchen with breakfast nook, 3 bedrooms and 2 full baths. Unit 2 owns the third floor with 2 bedrooms or 1 plus a living room, a full bath, its own kitchen and a private rear entry. Full basement with a half bath, laundry, sump pump and plumbing in place for a future shower. Separate electric meters, gas hot water baseboard heat, a detached 2-car garage for extra income or storage, a long driveway, a rear deck and a deep, level yard. Here is the play. Pull the carpets, lay new floors, redo the kitchens, add recessed lighting and central air. Ask about renovation loans that roll the work into one mortgage. Then live in one unit and let the other carry a real piece of the payment, or rent both. Per recent area leases, an updated Unit 1 could rent for an est. $3,300 to $3,800/mo and Unit 2 for $1,900 to $2,400/mo. Minutes to Route 23, Verona Park, the Town Center and downtown Montclair, with NJ Transit buses and Montclair-Boonton Line trains for the Manhattan commute.
Location
State NJ
County Essex
Rooms
Basement Full, Unfinished
Interior
Interior Features Wood Floors
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Garage Yes
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style Under/Over
Schools
Middle Schools Whitehorne
High Schools Verona
Others
Senior Community No
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