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Listed by Susan Lovit Compass New Jersey, LLC-Montclair
$1,600,000
Est. payment /mo
1 Bath
New
163 Park ST Montclair, NJ 07042
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Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25033779
Style 4 Family
Full Baths 1
Property Sub-Type 4 Family
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.
Location
State NJ
County Essex
Interior
Laundry Basement, Coin/Card
Exterior
Garage Spaces 4.0
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