163 Park St, Montclair Twp., NJ

$1,600,000

Previous Next

4,945

Square feet

0.80

Acres

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. Bring your architects and/or your contractors!

Features of 163 Park St

MLS® # 3987649
Price $1,600,000
Square Footage 4,945
Acres 0.80
Year Built 1887
Type Commercial
Status Active

Community Information

Address 163 Park St
City Montclair Twp.
County Essex
State NJ
Zip Code 07042-3918

Amenities

Utilities Electric, Gas-Natural
Parking Blacktop, Off-Street Parking, See Remarks

Interior

Heating Gas-Natural
# of Stories 3
Has Basement Yes
Basement Full, Storage, Unfinished, Walkout

Exterior

Exterior Aluminum Siding
Lot Description Level Lot
Roof Asphalt Shingle

Additional Information

Date Listed September 18th, 2025
Days on Market 1
Zoning R1

Listing Details

OfficeCOMPASS NEW JERSEY LLC

Listing Map

Request a Showing

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