34 Oakwood Ave

Montclair Twp., NJ 07043

Well-maintained 2 family investment opportunity in the heart of Upper Montclair, offering strong in-place income and long-term value. This is a legal non-conforming multi-family in a single-family zone, creating a rare, supply-constrained asset with highly reliable rental demand and limited direct competition. Located on a picturesque, tree-lined street just one block to NYC train and bus. The property generates $9,256/month in gross rental income, with current rents of $5,200 and $4,056 across two well-appointed units. Each unit features hardwood floors, high ceilings, extra spacious layouts, and classic architectural details including fireplaces, built-ins, and formal dining rooms. Updated kitchens include stainless steel appliances. The upper unit offers central air, while the first-floor unit is equipped with ductless mini-split AC. The property also includes a large unfinished basement, 2-car garage, additional parking, and a yard, supporting tenant appeal and long-term flexibility. Major updates include a new roof (2023), split system (2024), water heaters (2025/26), and new washer/dryer and refrigerator (2026).A unique opportunity to own a stable, income-producing asset in a high-demand market with strong appreciation and liquidity. Close to shops, parks, and restaurants. Tenant-occupied; showings coordinated with notice. Photos reflect prior occupancy.