163 Park St, Montclair, NJ 07042
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
163 Park St,Montclair Twp., NJ 07042
$1,600,000
- 9 Beds
- 5 Baths
- 4,945 sq. ft.
- Multi-family
- Active
Listed by: susan lovit, dana farber schwern
Office: compass new jersey llc.
MLS#:3987648
Source:NJ_GSMLS
Price summary
- Price:$1,600,000
- Price per sq. ft.:$323.56
About this home
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!
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Home facts
- Year built:1887
- Listing ID #:3987648
- Added:441 day(s) ago
- Updated:November 14, 2025 at 03:15 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Full bathrooms:5
- Living area:4,945 sq. ft.
Heating and cooling
- Heating:1 Unit, Radiators - Steam
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1887
- Building area:4,945 sq. ft.
- Lot area:0.8 Acres
Schools
- High school:MONTCLAIR
- Middle school:MAGNET
- Elementary school:MAGNET
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$323.56
- Tax amount:$29,721 (2024)
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