163 Park St Active

Montclair Twp.,NJ 07042

$ 1600000

- Bed

- Bath

4945 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,945 sqft

Price per Sqft $323

MLS Listing ID 3921110

Year Built 1887

Annual Tax Amount $29,520

Tax Year 2023

Lot Size 0.800 Acres

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.Bring your architects and/or your contractors!

Location

State NJ

County Essex

Zoning R1

Interior

Heating Gas-Natural

Cooling No Cool

Flooring Carpeting, Laminate, Tile, Vinyl-Linoleum, Wood

Equipment Appliances, Kitchen Area, Smoke Detector, Storage Area(s)

Exterior

Exterior Feature Aluminum

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

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