Making First-Time Buying Simple

Fixer Upper, See Remarks

163 Park St

Montclair Twp. , NJ 07042

MLS#: 3987648

$1,600,000

Status: Active
Listing number: 3987648
Listing provided by: COMPASS NEW JERSEY LLC
Listing agent phone: None
Last update: 13 days ago
On site: 3 months ago
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Property

Beds

9

Full Baths

5

1/2 Baths

None

Year Built

1887

Sq.Footage

3,454

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. 4 units are currently being rented, month to month. The 3rd floor (5th unit) is vacant.Bring your architects and/or your contractors!

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    5

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Aluminum Siding

  • Parking

    Off Street, Detached

  • Patio and Porch Features

    Porch

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.8

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Fixer Upper, See Remarks

Price

  • Sales Price

    $1,600,000

  • Tax Amount

    29721.0

  • Zoning

    R1

  • Sq. Footage

    3, 454

  • Price/SqFt

    $463

HOA

  • Association

    No

School District

  • Elementary School

    MAGNET

  • Middle School

    MAGNET

  • High School

    MONTCLAIR

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

County

Essex

Elementary School

MAGNET

Middle School

MAGNET

High School

MONTCLAIR

Listing Courtesy of None , COMPASS NEW JERSEY LLC

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Patrick Bolger

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(973) 945-9979

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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. 4 units are currently being rented, month to month. The 3rd floor (5th unit) is vacant.Bring your architects and/or your contractors!

163 Park St

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