$1,600,000
Active
47 Days Online
10 Beds5 Baths0 SQFT
Active

163 Park Street Montclair, NJ 07042

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyEssex
  • Taxes$29,520
  • HOA/Condo/Coop Fees$0
  • Days on Site46 Days
  • MLS StatusActive
  • MLS ID Number24027935
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size Acres
  • Full Baths5
  • Partial BathsN/A

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Recent Activity For 163 Park Street Montclair, NJ 07042

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2 months ago

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General Features

  • Style Mixedflr
  • Parking DetachedO/ See Remk
  • Basement unfinishedutilitiespaid laundrystoragewalkoutUnfinished
  • Property Sub Type Multi Family
  • Attached Garage No

Interior Features

  • Cooling GasRadiators
  • Heating GasRadiators
  • Fireplace Features None
  • Laundry Features Coin/ CardOnsite
  • Fireplace No

Exterior Features

  • View None
  • Waterfront Property No
  • Waterfront Features None
  • Exterior Hdwd As InW W/ Carpet As In
  • Lot Regular

Community Features

  • Township Montclair
  • MLS Area Montclair

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Monthly Payment (Est.)

$7,940
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