163 Park St
Montclair Twp., NJ 07042-
Est. Payment/ mo
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 DETAILS
- Price $1,600,000
- Price / Sq Ft $46
- Beds 10
- Baths 5
- Bldg/Unit Size (Sq Ft) 34,848
- Land/Lot Size (Sq Ft) 34,848
- Property Type Residential
- Year Built 1887
- MLS Number 3921108
TAXES & HOA
- Annual Taxes (USD) $29,520
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