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$1,600,000 - 163 Park St, Montclair Twp.

10
Bedrooms
5
Baths
4,945
SQ. Feet
0.8
Acres

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!

Essential Information

  • MLS® #:
    3921108
  • Price:
    $1,600,000
  • Bedrooms:
    10
  • Bathrooms:
    5.00
  • Full Baths:
    5
  • Square Footage:
    4,945
  • Acres:
    0.80
  • Year Built:
    1887
  • Type:
    Residential
  • Sub-Type:
    Single Family
  • Style:
    Colonial, See Remarks
  • Status:
    Active

Community Information

  • Address:
    163 Park St
  • City:
    Montclair Twp.
  • County:
    Essex
  • State:
    NJ
  • Zip Code:
    07042-3918

Amenities

  • Utilities:
    Electric, Gas-Natural, See Remarks
  • Parking:
    Blacktop, Driveway-Exclusive, Off-Street Parking, See Remarks
  • # of Garages:
    4
  • Garages:
    Detached Garage, See Remarks

Interior

  • Interior:
    Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Appliances:
    Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, See Remarks, Washer, Cooktop - Electric, Wall Oven(s) - Electric
  • Heating:
    Gas-Natural
  • Cooling:
    No Cooling
  • Fireplace:
    Yes
  • # of Fireplaces:
    4
  • Fireplaces:
    Non-Functional

Exterior

  • Exterior:
    Aluminum Siding
  • Exterior Features:
    Open Porch(es)
  • Lot Description:
    Level Lot
  • Roof:
    Asphalt Shingle

School Information

  • Elementary:
    MAGNET
  • Middle:
    MAGNET
  • High:
    MONTCLAIR

Additional Information

  • Date Listed:
    August 29th, 2024
  • Days on Market:
    119
  • Zoning:
    R1

Listing Details

  • Listing Office:
    Compass New Jersey Llc

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Listing information last updated on December 26th, 2024 at 7:33pm EST.