163 Park St

Montclair Twp, NJ 07042


 

Price: $1,600,000

GSMLS:  3987647
Type: Single Family
Style: See Remarks
Beds: 9
Baths: 5 Full
Garage: 4-Car
Year Built: 1887
Acres: 0.80
Property Tax: $29,721
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 (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!
Rooms Sizes
Kitchen:
n/a
Dining Room:
n/a
Living Room:
n/a
Family Room:
n/a
Den:
n/a
Bedroom 1:
n/a
Bedroom 2:
n/a
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
n/a
Ground:
n/a
Level 1:
4+Bedrms,BathMain,BathOthr,Kitchen,LivingRm,SeeRem
Level 2:
3 Bedrooms, Bath Main, Bath(s) Other, Den, Kitchen, Living Room
Level 3:
3Bedroom,BathMain,Kitchen,OutEntrn
Level Other:
n/a
Room Features
Kitchen:
See Remarks
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
4,945
Year Renovated:
n/a
Basement:
Yes - Unfinished, Walkout
Full Baths:
5
Half Baths:
0
Appliances:
Carbon Monoxide Detector, Cooktop - Electric, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, See Remarks, Wall Oven(s) - Electric, Washer
Flooring:
Carpeting, Laminate, Tile, Vinyl-Linoleum, Wood
Fireplaces:
4
Fireplace:
Non-Functional
Interior:
CODetect,FireExtg,SmokeDet,TubShowr
Exterior Features
Garage Space:
4-Car
Garage:
Detached Garage, See Remarks
Driveway:
Blacktop, Driveway-Exclusive, Off-Street Parking, See Remarks
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
1 Unit
Heating Source:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer, Sewer Charge Extra
Services:
Cable TV Available, Garbage Included
Lot Features
Acres:
0.80
Lot Dimensions:
n/a
Lot Features:
Level Lot
School Information
Elementary:
MAGNET
Middle:
MAGNET
High School:
MONTCLAIR
Community Information
County:
Essex
Town:
Montclair Twp.
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
Yes
Financial Considerations
List Price:
$1,600,000
Tax Amount:
$29,721
Land Assessment:
$350,000
Build. Assessment:
$523,400
Total Assessment:
$873,400
Tax Rate:
3.40
Tax Year:
2024
Ownership Type:
Fee Simple
Listing Information
MLS ID:
3987647
List Date:
09-18-2025
Days On Market:
0
Listing Broker:
COMPASS NEW JERSEY LLC
Listing Agent:
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox