The Montrose section of Wakefield encompasses the northeast part of town, on the South Lynnfield border. While Montrose does not have a business center per se, it can be said to center roughly on the intersection of Salem and Lowell Streets, and Salem Street and Montrose Avenue. The area was settled early on, in the mid-1600s, and was long a rural farming section of town, also known as the East Ward. Around 1850 a railroad station was opened on Salem Street near the Lynnfield line, spurring further development. The name of the area was officially changed to Montrose in 1859.
While it was never a separate political entity, Montrose did at times have its own fire station, railroad station, chapel, post office, grocery, and school house. The much larger Montrose School was built in 1918 and remodeled in 1930. It was closed due to changes in enrollment in 1998 and later sold to developers in 2008.
Montrose now has little to distinguish it as a separate village, but the name is still commonly used by residents to describe that section of town.