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163 PARK ST, MONTCLAIR TWP., NJ 07042

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163 Park St
Montclair Twp., NJ 07042

$1,600,000

Beds: 10
Baths: 5
Sq. Ft.: 4,945
Type: House
Listing #3921108
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.Bring your architects and/or your contractors!
Property Features
Location Information
County: Essex
Community Living: No
Latitude: 40.82544
Longitude: -74.20993
Directions: Between Chestnut and Watchung Ave
Interior Features
Total Rooms: 20
Interior: CODetect, FireExtg, SmokeDet, TubShowr
Kitchen Description: See Remarks
Has Fireplace: Yes
Number of Fireplaces: 4
Fireplace Description: Non-Functional
Heating: 1 Unit
Heating Fuel: Gas-Natural
Cooling: None
Floors: Carpeting, Laminate, Tile, Vinyl-Linoleum, Wood
Water Heater: Gas
Appliances: Carbon Monoxide Detector, Cooktop - Electric, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, See Remarks, Wall Oven(s) - Electric, Washer
Basement Description: Unfinished, Walkout
Has Basement: Yes
Exterior Features
Style: See Remarks, Colonial
Exterior: Open Porch(es)
Siding: Aluminum Siding
Roof: Asphalt Shingle
Sewer: Public Sewer, Sewer Charge Extra
Water: Public Water
Utilities: Electric, Gas-Natural, See Remarks
Has Garage: Yes
Garage Spaces: 4
Driveway: Blacktop, Driveway-Exclusive, Off-Street Parking,
Lot Description: Level Lot
Lot Size: 34950SF
Lot Size in Acres: 0.8
Zoning: R1
Garage Description: Detached Garage, See Remarks
School
Elementary School: MAGNET
Jr. High School: MAGNET
High School: MONTCLAIR
Additional Information
Property Type: SFR
Property SubType: Single Family
Year Built: 1887
Status: Active
Senior Community: No
Pets Allowed: Yes
Tax Amt / Rate / Rate Yr / Yr: 29520 / 3.380 / 2023 / 2023
Tax Year: 2023
Tax Amount: $29,520
Days On Market: 49


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of COMPASS NEW JERSEY LLC
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GSMLS (Agent IDX) data last updated at August 28, 2025, 12:47 AM ET
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