Montclair Twp., NJ 07042 163 Park St
$1,600,000



12 more













Presented By: COMPASS NEW JERSEY LLC; 973-477-7252
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
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!
Presented By: COMPASS NEW JERSEY LLC; 973-477-7252
Interior Features for 163 Park St
Bathrooms
Num Units w/Full Bath5
Half Baths5
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft4945
Num 3 Bdrm Units0
Num 2 Bdrm Units4
Num 1 Bdrm Units1
BasementFull, Storage, Unfinished, Walkout
FlooringCarpeting, Laminate, Tile, Vinyl-Linoleum, Wood
Fuel TypeGas-Natural
Total Stories3
General for 163 Park St
ConstructionSee Remarks
CoolingNo Cool
CountyEssex
DirectionsBetween Watchung and Chestnut
Documents AvailableIncome & Expenses, Leases
DriveBlacktop, Off-Street Parking, See Remarks
EasementUnknown
Equipment AvailableAppliances, Kitchen Area, Smoke Detector, Storage Area(s)
Garage Spaces10
Heating1 Unit, Radiators - Steam
Leasable Area
LocationResidential Area
Num Apts5
Number Of Units Total5
OwnerPaysHeat, Hot Water, Maintenance-Common Area, Repairs, Sewer, Snow Removal, Water
OwnershipFee Simple
Permitted UseSingle Family, 5, 4, 3, or 2 family
PossessionTBD
Property TypeSee Remarks
Property TypeSee Remarks
RoofAsphalt Shingle
ServicesGarbage Included, Internet Available
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount29520
Tax Assessed Value873400
Tax Lot22
Tax Year2023
Tenant PaysCable T.V., Electric, Gas
Town #1613
TownshipMontclair Twp.
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built1887
ZoningR1
Exterior for 163 Park St
Building Area Total4945
Exterior DescriptionAluminum
Lot Dimensions34950SF
Lot FeaturesLevel Lot
Lot Size Acres0.80
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
