Two side-by-side two-family properties located at 32-34 Grant Street in Downtown Montclair have been sold. The properties are priced at $1,250,000, creating a price per unit of $625,000. These income-producing assets are situated approximately 200 feet from Bay Street train station and are equipped with separate utilities and new water heaters. Shared amenities include parking and outdoor spaces.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,250,000
• Units: 2
• Price Per Unit: $625,000
• Market: Montclair
• Broker: Pierce Conway - Compass

This transaction was facilitated by Pierce Conway, acting as the broker representing the parties involved in the sale. The properties were sold in a prime location, making them attractive for income generation.