163 Park St, Montclair, NJ 07042
Local realty services provided by:ERA Central Realty Group
163 Park St,Montclair Twp., NJ 07042
$1,600,000
- 9 Beds
- 5 Baths
- 4,945 sq. ft.
- Single family
- Active
Listed by: susan lovit, dana farber schwern
Office: compass new jersey llc.
MLS#:3987647
Source:NJ_GSMLS
Price summary
- Price:$1,600,000
- Price per sq. ft.:$323.56
About this home
Don't miss this incredible opportunity with endless potential! Build your dream home or keep as an investment, incoming producing property! This expansive multifamily (commercial) 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. 4 Units (1st and 2nd fls) are currently month to month and the third floor is vacant. 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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Home facts
- Year built:1887
- Listing ID #:3987647
- Added:447 day(s) ago
- Updated:November 15, 2025 at 04:35 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Full bathrooms:5
- Living area:4,945 sq. ft.
Heating and cooling
- Heating:1 Unit
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1887
- Building area:4,945 sq. ft.
- Lot area:0.8 Acres
Schools
- High school:MONTCLAIR
- Middle school:MAGNET
- Elementary school:MAGNET
Utilities
- Water:Public Water
- Sewer:Public Sewer, Sewer Charge Extra
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$323.56
- Tax amount:$29,721 (2024)
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