Mid-Town Direct Realty - Octavio Mendes
1/20
Listing Courtesy Of: Compass New Jersey, LLC-Montclair, 973-310-7360, Susan Lovit
Local Realty Services Provided By: Keller Williams Team Realty
Overview
What It'll Cost
Neighborhood
Similar Homes

$1,600,000
163 Park Street, Montclair, NJ 07042
10 Beds
5 Baths
$1,600,000

163 Park Street, Montclair, NJ 07042

Estimation provided by Keller Williams Realty Inc.
10 Beds
5 Baths
Under Contract - Under Contract
For Sale

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. All units are currently being rented.

Property Details

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Overview
Property Type
2-4 Family
Days on Site
204 Days
Parking
4 Parking Spaces
Team Moscoso Mendes
Mid-Town Direct Realty
Broker of Record

Activity History

VIEWS
0
SAVES
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SHARES
0
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Upcoming Open Houses
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Purchase Price: $1,600,000
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Price & Tax History

Date
Event
Price
08/29/2024
Listed
$1,600,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$29,521
(+2.8%)
$873,400
Land 350,000 + Additions 523,400
2022
$28,717
(+1.77%)
$873,400
Land 350,000 + Additions 523,400
2021
$28,219
(+2.7%)
$873,400
Land 350,000 + Additions 523,400
2019
$27,477
(+1.68%)
$873,400
Land 350,000 + Additions 523,400
2018
$27,023
(-14.86%)
$873,400
Land 350,000 + Additions 523,400
2017
$31,739
$873,400
Land 350,000 + Additions 523,400
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from Watchung Plaza
Car-Dependent Walkable Very Walkable
Team Moscoso Mendes
Mid-Town Direct Realty
Broker of Record

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