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Listed by Susan Lovit • Compass New Jersey, LLC-Montclair • (973) 477-7252

$1,600,000

Est. payment - /mo

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163 Park Street Montclair, NJ 07042

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Isaac De Castro

idecastro@bhsusa.com +1(646) 626-7901

UPDATED:

09/07/2024 04:55 AM

Key Details

Property Type Single Family Home

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24027931

Style Industrial

Annual Tax Amount $29,520

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. All units are currently being rented.

Location

State NJ

County Essex

Area Montclair

Interior

Heating Gas, Radiators

Exterior

Utilities Available Sep Elec, Sep Gas

Waterfront Description None

Building

Architectural Style Other

Others

Ownership Private

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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Isaac De Castro

163 Park Street Montclair, NJ 07042

Isaac De Castro

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

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163 Park Street