163 Park St , Montclair Twp., Essex 07042-3918

  • $1,600,000

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. Bring your architects and/or your contractors!

  • Address: 163 Park St
  • City: Montclair Twp.
  • State/county: Essex
  • Zip/Postal Code: 07042-3918

Details

Updated on October 24, 2025 at 5:49 pm
  • Property ID HZ3987649
  • Price $1,600,000
  • Property Size 4945 Sqft
  • Land Area 0.80 Acres
  • Garages 10
  • Garage Size x x
  • Year Built 1887
  • Property Status Active

Additional details

  • Roof Asphalt Shingle
  • Utilities Electric, Gas-Natural
  • Sewer Public Sewer
  • Cooling No Cool
  • Heating 1 Unit, Radiators - Steam
  • Flooring Carpeting, Laminate, Tile, Vinyl-Linoleum, Wood
  • County Essex
  • Property Type See Remarks

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