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Residential Income For Sale

163 Park Street, Montclair, NJ 07042

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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.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
25033779
Price:
$1,600,000
Status:
Active Under Contract
Office Name:
Compass New Jersey, LLC-Montclair
Agent Name:
Susan
Features
Architectural Style:
4 Family
Laundry Features:
Basement, Coin/Card
Utilities:
Sep Elec, Sep Gas
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Montclair
Zipcode:
07042
Street:
Park
Street Number:
163
Street Suffix:
Street
Longitude:
W75° 47' 24.8''
Latitude:
N40° 49' 31.3''
Additional Information
On Market Date:
2025-09-19
Garage:
4
Financial
Tax Annual Amount:
29520
Listing Information
Co List Agent Mls Id:
447147
Co List Office Name:
Compass New Jersey, LLC-Montclair
List Agent Mls Id:
1004542
List Office Mls Id:
325402
Mls Status:
Under Contract
Modification Timestamp:
2026-05-14T14:56:42Z
Originating System Name:
njmls
Status Change Timestamp:
2026-02-02
Residential Income For Sale
Listing ID:
25033779
$1,600,000
Agent info
Contact Agent

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