163 Park St, Montclair Twp NJ, 07042

Active

163 Park St

Montclair Twp NJ, 07042

$1,600,000

$463.23 per sqft

Active

10 Beds

5 Baths

3,454 sqft

Multi-family

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!

3921209

MLSⓇ ID

August 29, 2024

Listed

November 22, 2024

Updated

Map

163 Park St
Montclair Twp NJ, 07042

Interior Features

Bedrooms: 10
Total Bathrooms: 5
Full Bathrooms: 5
Interior Features: Carpet, Tile, Vinyl
Appliances: Gas Water Heater
Floor Description: Carpet, Tile, Vinyl
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Natural Gas

Exterior/Building Features

Lot Size: 0.8 Acres
Lot Features: Level
Architectual Style: Fixer Upper, See Remarks
Roof: Asphalt
Sewer: Public Sewer

School Information

High School: MONTCLAIR
Elementary School: MAGNET

Other Property Details

Taxes: $29,520
Tax Frequency: Annually
Days on Market: 22
Garage: Yes
Garage Spaces: 4
Parking: Off Street, Detached
Parking Total: 4
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:

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