$1,600,000

163 Park St, Montclair Twp., NJ 07042

  • 9 beds |
  • 5 baths |
  • 4,945 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1887
  • Property Lot Size Icon0.8acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $324/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Don't miss this incredible opportunity with endless potential! Build your dream home or keep as an investment, incoming producing property! This expansive multifamily (commercial) 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. 4 Units (1st and 2nd fls) are currently month to month and the third floor is vacant. 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!

Listing Status:
Active
Listing Office:
COMPASS NEW JERSEY LLC : 973-310-7360
MLS ID:
3987647
  • General: CODetectFireExtgSmokeDetTubShowr
  • Kitchen: See Remarks
  • Appliances: Carbon Monoxide DetectorCooktop - ElectricDishwasherDryerRange/Oven-GasRefrigeratorSee RemarksWall Oven(s) - ElectricWasher
  • Basement: UnfinishedWalkout
  • Flooring: CarpetingLaminateTileVinyl-LinoleumWood
  • A/C: None
  • Heating: 1 UnitGas-Natural
  • Fireplace: Non-FunctionalFireplaces: 4
  • General: Aluminum SidingOpen Porch(es)
  • Style: See RemarksColonial
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: BlacktopDriveway-ExclusiveOff-Street ParkingSee Remarks
  • Zoning: R11613-02408-0000-00022-0000-
  • Utilities: ElectricGas-NaturalSee Remarks
  • Water: Public Water
  • Sewer: Public SewerSewer Charge Extra
  • Exclusions: A/C units and any personal property of tenants.

This listing courtesy of COMPASS NEW JERSEY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Watchung Elementary School

14 Garden St, Montclair, NJ, 07042

Grades KG-5

0.29 miles away

R

Renaissance Middle School at the Rand Building

176 N Fullerton Ave, Montclair, NJ, 07042

Grades 6-8

0.31 miles away

M

Montclair High School

100 Chestnut St, Montclair, NJ, 07042

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

163 Park St, Montclair Twp., NJ 07042
Single-Family Home For Sale

$1,600,000

  • 10 bed |
  • 5 bath |
  • 4,945 sqft |
  • 0.8 acre lot
163 Park St Montclair Twp., NJ 07042

#3921108 - COMPASS NEW JERSEY LLC