260 Park St, Montclair, NJ

$1,199,000

Previous Next

9

Beds

3

Baths

About 260 Park St

One of just a couple dozen multifamily properties right on Watchung Plaza in Upper Montclair. Two huge units with 4 beds + 1 bath in Unit 1 ($2900/month) and 5 beds + 2 baths in Unit 2 ($3,785/month). Tenants pay for electric and gas, landlords pay for sewer and water. Separate furnaces and water heaters. Shared laundry and storage rooms in the basement. Currently fully occupied with recently renewed leases, PLUS additional income from rented garage & parking spaces. Over 16 parkings spaces on site and a 2 car garage. Development friendly "Neighborhood Commercial Zoning allowing 28 units per acre, and Mixed-Use development. Lot is 11,975.79 square ft. Opportunity is abundant with this "in-town location! Surrounded by shops, restaurants, and a 45 minute train to Penn Station, NYC. Adjacent property is also for sale by a different owner and broker. POF required for all showings. Showings only during designated windows. Inquire for times.

Features of 260 Park St

MLS® # 24020911
Price $1,199,000
Bedrooms 9
Bathrooms 3.00
Full Baths 3
Type 2-4 Family
Sub-Type 2FAM
Style TOP/BTM
Status ACTIVE

Community Information

Address 260 Park St
City Montclair
County ESSEX
State NJ
Zip Code 07043

Amenities

Amenities CLOSE/PARKS, CLOSE/SCHOOL, CLOSE/SHOPG, CLOSE/TRANS, CLOSE/WRSHP
Utilities SEP ELEC, SEP GAS, SEP HEAT
Features NONE
Garages DETACHED, O/SEE REMK, PARK SPACE, CARPORT
View EAST
Is Waterfront Yes
Waterfront NONE
Has Pool No

Interior

Heating ELECTRIC, GAS, RADIATORS, STEAM
Fireplace Yes
Fireplaces 1 FPL
Has Basement Yes
Basement FULL, UNFINISHED

Exterior

Exterior MASON/STUCCO
Lot Description REGULAR
Construction PRE 1900

Additional Information

Date Listed June 29th, 2024
Foreclosure No
RE / Bank Owned No

Listing Details

AgentPierce Conway
OfficeCompass New Jersey, LLC-Montclair

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?