About 163 Park St
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. The 3rd floor (5th unit) is vacant.Bring your architects and/or your contractors!
Features of 163 Park St
| MLS® # | 3987648 |
|---|---|
| Price | $1,600,000 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 4,945 |
| Acres | 0.80 |
| Year Built | 1887 |
| Type | Multi-Family |
| Style | FixrUppr,SeeRem |
| Status | Active |
Community Information
| Address | 163 Park St |
|---|---|
| City | Montclair Twp. |
| County | Essex |
| State | NJ |
| Zip Code | 07042-3918 |
Amenities
| Utilities | Electric, Gas In Street |
|---|---|
| Parking Spaces | 10 |
| Parking | Blacktop, Driveway-Exclusive, Off-Street Parking |
| # of Garages | 4 |
| Garages | Detached Garage, See Remarks |
Interior
| Interior Features | Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors |
|---|---|
| Heating | Gas-Natural |
| Has Basement | Yes |
| Basement | Unfinished, Walkout |
Exterior
| Exterior | Aluminum Siding |
|---|---|
| Exterior Features | Open Porch(es) |
| Roof | Asphalt Shingle |
School Information
| Elementary | MAGNET |
|---|---|
| Middle | MAGNET |
| High | MONTCLAIR |
Additional Information
| Date Listed | September 18th, 2025 |
|---|---|
| Days on Market | 1 |
| Zoning | R1 |
Listing Details
| Office | COMPASS NEW JERSEY LLC |
|---|