1. New Jersey
  2. Montclair
  3. 163 Park Street
$1,600,000

163 Park Street, Montclair, NJ 07042

  • 9 beds |
  • 1 bath
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
September 18, 2025 at 05:00AM
Listing Office:
Compass New Jersey, LLC-Montclair : 973-310-7360
Listing Agent:
Susan Lovit : (973) 477-7252
MLS ID:
25033779
  • Rooms: 20
  • Laundry: BasementCoin/Card
  • County: ESSEX
  • Utilities: Sep ElecSep Gas

This listing courtesy of Susan Lovit, Compass New Jersey, LLC-Montclair

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Watchung Elementary School

14 Garden St, Montclair, NJ, 07042

Grades KG-5

0.29 miles away

R

Renaissance Middle School at the Rand Building

176 N Fullerton Ave, Montclair, NJ, 07042

Grades 6-8

0.31 miles away

M

Montclair High School

100 Chestnut St, Montclair, NJ, 07042

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.