$1,600,000
For Sale

163 Park St

Montclair, NJ 07042
Browse 17 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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. All units are currently being rented.Bring your architects and/or your contractors!

  • Interior Details
      • InteriorCarbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood
    • Heating & Cooling
      • Heating1 Unit, Radiators - Steam
      • Heating SourceGas-Natural
    • Beds & Baths
      • Bedrooms10
  • Property Details
      • Exterior MaterialsAluminum Siding
      • Exterior FeaturesOpen Porch(es)
    • Parking
      • Parking FeaturesBlacktop, Driveway-Exclusive, Off-Street Parking
      • ParkingDetached Garage, See Remarks
      • Parking TypeDriveway
      • Parking Spaces4
  • Construction Details
      • Basement DescriptionUnfinished, Walkout
      • Property TypeMulti-Family
      • BasementYes
    • Condition
      • Year Built1887
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • ServicesCable TV Available, Garbage Included
      • WaterPublic Water, See Remarks
      • Utility FeaturesElectric, Gas In Street
      • Sewer InformationPublic Sewer
      • Water HeaterGas
  • Community and Neighborhood Details
      • High SchoolMONTCLAIR
      • Elementary SchoolMAGNET
      • Middle SchoolMAGNET
  • Other
      • MLS #3921209

Location

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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