163 Park St, Montclair Twp., NJ 07042 - MLS#3921209

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Dec

Wed

Dec

Thu

Dec

Sheyla Basalo

sheyla@livxre.com +1(908) 247-0650

$ 1,600,000

Est. payment | -/mo

10 Beds

5 Baths

4,945 SqFt

Save

$ 1,600,000

Est. payment | -/mo

Save

10 Beds

5 Baths

4,945 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,945 sqft

Price per Sqft $323

MLS Listing ID 3921209

Style Fixer Upper, See Remarks

Bedrooms 10

Full Baths 5

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 Unfinished, Walkout

Interior

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

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Parking Features Detached Garage, See Remarks

Garage Spaces 4.0

Utilities Available Electric, Gas In Street

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water, See Remarks

Architectural Style Fixer Upper, See Remarks

Schools

Elementary Schools Magnet

Middle Schools Magnet

High Schools Montclair

Others

Senior Community No

Listed by COMPASS NEW JERSEY LLC

GET MORE INFORMATION

Sheyla Basalo

Realtor (Buyers Expert) | License ID: 1754835

+1(908) 247-0650