163 Park St Montclair, NJ 07042
Estimated payment $11,178/month
Highlights
- 34,948 Sq Ft lot
- Hillside School Rated A
- Coin Laundry
About This Home
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.
Listing Agent
Compass New Jersey, LLC-Montclair Brokerage Phone: (973) 477-7252 Listed on: 08/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,520
Parking
- 4 Car Garage
Home Design
Bedrooms and Bathrooms
- 10 Bedrooms
- 1 Full Bathroom
Additional Features
- Laundry in Basement
- 0.8 Acre Lot
Community Details
- Coin Laundry
Listing and Financial Details
- Legal Lot and Block 00022 / 02408
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/23/2025 03/23/25 | For Sale | $1,600,000 | 0.0% | -- |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | For Sale | $1,600,000 | -- | -- |
Source: New Jersey MLS
MLS Number: 24027935
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X 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. Source: New Jersey Multiple Listing, Inc.
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