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Listed by Susan Lovit • Compass New Jersey, LLC-Montclair • (973) 477-7252
$ 1,600,000
Est. payment /mo
Active
163 Park Street Montclair, NJ 07042
10 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24027935
Style 4 Family
Bedrooms 10
Full Baths 5
Annual Tax Amount $29,520
Property Sub-Type 4 Family
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 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.
Location
State NJ
County Essex
Area Montclair
Interior
Heating Gas, Radiators
Fireplaces Type None
Laundry Coin/Card, Onsite
Exterior
Exterior Feature Aluminum
Parking Features Detached, O/See Remk
Utilities Available Sep Elec, Sep Gas
Waterfront Description None
View None
Building
Lot Description Regular
Architectural Style Mixedflr
Others
Ownership Private
Miscellaneous Hdwd As In,WW/Carpet As In
