$1,600,000
163 Park St Montclair Twp., NJ 07042
17
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$1,600,000
Est. payment /mo
4,945 SqFt
Active
163 Park St Montclair Twp., NJ 07042
UPDATED:
09/08/2024 03:36 PM
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
Rooms
Basement Full, Storage, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling No Cool
Flooring Carpeting, Laminate, Tile, Vinyl-Linoleum, Wood
Equipment Appliances, Kitchen Area, Smoke Detector, Storage Area(s)
Heat Source Gas-Natural
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
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COMPASS NEW JERSEY LLC
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