ListWithoutRealtor Group

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.

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Property Details

  • Price: $1,600,000
  • Land Area: 29520 Sq Ft
  • Class:Commercial Sale/Lease
  • Style:Other
  • Floodzone:None
  • Waterfront:None
  • Ownership:Private
  • Property Status: Status For Sale
  • Property Type: ,
  • Amenities and Features

    Features
  • Heating:Gas,Radiators
  • Location

  • Address163 Park Street,Montclair, NJ 07042
  • Postal code07042
  • CountryESSEX, Montclair
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