163 Park St new

Montclair Twp.,NJ 07042

$ 1600000

9 Beds

5 Baths

4945 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,945 sqft

Price per Sqft $323

MLS Listing ID 3987647

Style See Remarks, Colonial

Bedrooms 9

Full Baths 5

Year Built 1887

Annual Tax Amount $29,721

Tax Year 2024

Lot Size 0.800 Acres

Property Sub-Type Single 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 (commercial) 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. 4 Units (1st and 2nd fls) are currently month to month and the third floor is vacant. 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

Kitchen See Remarks

Interior

Heating Gas-Natural

Cooling None

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

Fireplaces Number 4

Fireplaces Type Non-Functional

Exterior

Exterior Feature Aluminum Siding

Parking Features Detached Garage, See Remarks

Garage Spaces 4.0

Utilities Available Electric, Gas-Natural, See Remarks

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer, Sewer Charge Extra

Water Public Water

Schools

Elementary Schools Magnet

Middle Schools Magnet

High Schools Montclair

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