Set right in the heart of town, this gorgeous center hall colonial offers an incredible blend of modern updates and savvy financial opportunity. Imagine waking up to the NYC skyline, all while being in the heart of downtown Montclair. Relax and unwind on a rocking chair front porch or back deck. The interior and exterior of this home was newly painted, perfectly complementing stunning hardwood floors, original millwork, 4 original fireplaces, and pocket doors found throughout the home. A recently renovated eat in kitchen is the heart of the home, and exudes timeless charm and modern amenities. With 7 bedrooms and 5 updated bathrooms, you can find time to relax and unwind for years to come. A walk-out basement provides a versatile retreat complete with its own bathroom, convenient small kitchen, new gas boiler, and ample storage. One of the most compelling aspects of this property is its impressive income potential. The third-floor apartment and spacious parking lot currently generate over $3,000 in monthly rental income, offering a fantastic way to offset costs while you enjoy everything the home has to offer. The location is truly hard to beat. You are moments away from the vibrant energy of local shopping and restaurants, the renowned Montclair Art Museum, and beautiful local parks. With NYC transit nearby, getting around is a breeze. Move right in and enjoy a lifestyle of convenience and smart homeownership.Windows, fireplaces, chimneys and flues are being conveyed as is.