163 Park Street Montclair Twp., NJ 07042

$1,600,000
10
Beds
5
Baths
0.80
Acres
4,945
SQFT
324
$/SQFT
$1,600,000
10
Beds
5
Baths
4,945   sf
$324 / sf
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active
1/17
Street View

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!

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!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Essex
  • Tax Amount
    $29,520
  • Status
    Active
  • Listing #
    3921108
  • Built
    1887
  • Lot Size
    0.80
  • Listed on site
    303 days

Listed by:
Compass New Jersey Llc

Source:
Garden State MLS

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School Info

Property details

Property Features

  • Public Water

Exterior features

  • Has garage
  • No Pool
  • Basement

Interior Features

  • Fire Place
  • Basement Unfinished
  • Basement Walk Out

Style

  • Colonial
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