$1,600,000
For Sale

163 Park Street

Montclair, NJ 07042
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Don't miss this incredible opportunity! Build your dream home or keep as an investment, incoming producing property! This expansive multifamily residence, currently a 5-unit investment property, is nestled w/in a single-family zone on a spacious flat lot w/ ample parking (4 garage spaces, one is currently being rented for $125 per month, ea tenant can have 2 outdoor spots) & generous yard space. Ideally located in a prime location- .3 miles to Watchung Plaza shops, cafe's & NYC direct train- & close to Walnut St Farmer's Market too! This offers the flexibility to remain a 5-family residence or be converted to a 2, 3, or 4-family home. Each unit features separate utilities, w/ paid lndry available in the basement. Surrounded by beautiful homes, the neighborhood would welcome a single family conversion or new build. The house & garage are being sold in strictly AS IS. To accommodate tenants, showings are scheduled for 9/5 12PM-4PM & 9/6 9AM-1PM. Bring your realtor &/or contractor!

  • Property Details
      • Date ListedSeptember 18, 2025
      • Original List Price$1,600,000
      • Property TypePurchase
      • MLS #25033773
      • Property SubtypeColonial
      • MLS #25033773
      • Cost1600000
      • Subdivision100

Location

Jose InoaReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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