163 Park St

Montclair, New Jersey 07042

  • 10 Bed(s)
  • 5 Bath(s)
  • 4,945 Sqft
  • 0.8
    Acre(Lot)
$1,600,000

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!

  • Property Type

    Multi Family
  • County

    Essex
  • Style

    Fixer Upper, See Remarks
  • AD ID

    46780568

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Property Details

  • Interior Features

    • Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

    Utilities

    • Electric, Gas In Street

    Heating & Cooling

    • Heating: 1 Unit, Radiators - Steam
    • Cooling: None
  • Building Information

    • Year Built: 1887
    • Construction: Aluminum Siding
    • Roof: Asphalt Shingle

    Exterior Features

    • Open Porch(es)
  • Lot Information

    • Lot Dimensions: 34950SF
    • Lot Size (Acres): 0.80
    • Level Lot
  • Listing Information

    • Possession: TBD
  • Tax Information

    • Tax ID: 1613-02408-0000-00022-0000-
    • Tax Year: 2023
    • Parcel Number: 1613-02408-0000-00022-0000-
    • Taxes : 29,520
  • Parking Information

    • Garage: 4
    • Open Parking Space: 10
    • Parking Features: Blacktop, Driveway-Exclusive, Off-Street Parking
    • Garage Description: Detached Garage, See Remarks
  • School Information

    • Elementary School: MAGNET
    • Junior High School: MAGNET
    • Senior High School: MONTCLAIR

    Utility Information

    • Electric, Gas In Street
    • Water Source : Public Water, See Remarks
    • Water Heater : Gas
    • SEWER : Public Sewer

    Location Information

    • Direction: Between Watchung and Chestnut
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BuyOwner last updated this listing 11/14/2024 @ 22:13

  • MLS: 3921209
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Garden State MLS - New Jersey

is a Multifamily, with 10 bedrooms which is for sale, it has 4,945 sqft, 1 sized lot, and 4 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Montclair , in zip code 07042, this Essex County Multifamily are nearby neighborhoods.