163 Park St
Montclair Twp, NJ 07042
Price: $1,600,000
GSMLS: 3987648Type: Multi-Family
Style: Fixer Upper, See Remarks
Total Units: 4
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 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!
General Info
Style:
Fixer Upper, See Remarks
SqFt Building:
4,945
Total Rooms:
20
Basement:
Yes - Unfinished, Walkout
Interior:
Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
n/a
Lot Desc:
Level Lot
Parking
Garage Capacity:
4-Car
Description:
Detached Garage, See Remarks
Parking:
Blacktop, Driveway-Exclusive, Off-Street Parking
Spaces Available:
10
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Den, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,Dishwshr,SmokeDet,OvnWElec
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
1 Unit, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water, See Remarks
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street
Services:
Cable TV Available, Garbage Included
School Information
Elementary:
MAGNET
Middle:
MAGNET
High School:
MONTCLAIR
Community Information
County:
Essex
Town:
Montclair Twp.
Neighborhood:
n/a
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
Listing Information
MLS ID:
3987648
List Date:
09-18-2025
Days On Market:
46
Listing Broker:
COMPASS NEW JERSEY LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
