163 Park St, Montclair Twp NJ, 07042

Active

163 Park St

Montclair Twp NJ, 07042

$1,600,000

$323.56 per sqft

Active

4,945 sqft

Commercial

Built in 1887

Don't miss this incredible opportunity with endless potential! Build your dream home or keep as an investment, incoming producing property! This expansive multifamily residence, currently a 5-unit investment property, is nestled within a single-family zone on a spacious flat lot with ample parking (4 garage spaces, one is currently being rented for $125 per month and each tenant can have 2 outdoor spots) and generous yard space. Ideally located in a prime location- .3 miles to Watchung Plaza shops, cafe's and NYC direct train- and close to Walnut St Farmer's Market too! The property offers the flexibility to remain a 5-family residence or be converted to a single, 2, 3, or 4-family home. Each unit features separate utilities, with paid laundry available in the basement. Surrounded by beautiful homes, the neighborhood would also welcome a single family conversion or new build. The house and garage are being sold in strictly AS IS condition. All units are currently being rented.Bring your architects and/or your contractors!

3921110

MLSⓇ ID

August 29, 2024

Listed

October 1, 2024

Updated

Map

163 Park St
Montclair Twp NJ, 07042

Interior Features

Total Stories: 3
Interior Features: Carpet, Laminate, Tile, Vinyl, Wood
Floor Description: Carpet, Laminate, Tile, Vinyl, Wood
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Natural Gas

Exterior/Building Features

Lot Size: 0.8 Acres
Lot Features: Level
Roof: Asphalt
Sewer: Public Sewer

Other Property Details

Taxes: $29,520
Tax Frequency: Annually
Days on Market: 10
Garage: No
Parking: Off Street
View: No
County: Essex
Water Source: Public
Pool: No
Zoning: R1

Listing History

Date	Event	Price
9/5/2024	Active	—

Courtesy of COMPASS NEW JERSEY LLC with SUSAN LOVIT, DANA FARBER SCHWERN
Listing Contact: 9733107360

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