163 Park Street Montclair, NJ 07042
Listing Courtesy of: NJMLS IDX / Compass New Jersey, LLC-Montclair / Susan Lovit - Contact:  (973) 477-7252

  163 Park Street Montclair, NJ 07042

Active (40 Days)
$1,600,000
10
BED
5
BATH

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.

MLS #:
24027935
Taxes
$29,520
Type
Multifamily
Year Built
1900
Style
4 Family
Views
None
County
Essex County

Listed By

Susan Lovit, Compass New Jersey, LLC-Montclair, Contact: (973) 477-7252
Source
NJMLS IDX
Last checked Oct 16 2024 at 1:33 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Lot Information
  • Regular
Property Features
  • Fireplace: None
Heating and Cooling
  • Radiators
  • Gas
Basement Information
  • Unfinished
Garage
  • O/See Remk
  • Detached
Additional Information: Compass New Jersey, LLC-Montclair | (973) 477-7252
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than New Jersey are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last Data Updated: 10/16/24 06:33.
Source: New Jersey Multiple Listing Service. Inc.
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