Listing Courtesy of: 973-477-7252 - SUSAN LOVIT - COMPASS NEW JERSEY LLC
973-310-7360
$1,600,000
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163 PARK ST Montclair, NJ 07042
Multi-Family
Residence
10
Beds
5
Baths
4,945
Sq. Ft.
0.8
Acre
Lot
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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!
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MLS#
3921209
Property Type
Multi-Family
Bedrooms
10
Bathrooms
5 Full
Year Built
1887
Square Feet
4,945
sq. ft
Lot Size
0.8
Sewer
Public Sewer
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