For 16 Tuers Pl in Montclair, a well-maintained 3-bed, 3-bath single-family home with 1,848 sqft, the rental comps suggest a potential monthly rent between $3,500 and $4,200. This outpaces the citywide average for houses ($5,000 median for houses, but $2,800–$2,900 for typical units)[1][2]. At these rates, annual gross revenue could hit $42K–$50K. Given the $1.14M valuation, the payback period is roughly 23–27 years, standard for premium Montclair homes. The Upper Montclair location, proximity to top-rated schools, finished basement, and large fenced yard boost rental appeal. However, high taxes ($18K+) and competitive supply are challenges.

To maximize rental value, consider modernizing kitchen and bath finishes, updating HVAC, and enhancing curb appeal. If selling, highlight the proximity to parks, schools, and the finished basement as flexible living space. For investors, short-term furnished rentals or executive leasing could push returns higher given Upper Montclair’s corporate tenant demand. For owners, waiting for peak leasing season may capture above-average rents.