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56 Park St Montclair, NJ $ 3,500,000
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$ 3,500,000 Get more info
56 Park St
$ 3,500,000
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56 Park St

Montclair, NJ, 07042
$ 3,500,000
Baths0.6 Sq 10,895

Monthly Estimate*

$ 24,449

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Studio

Commercial Property for sale in Montclair, NJ

for $3,500,000 with 6 half baths. This 10,895 square foot building was built in 1880 on a lot size of 0.8.

Queen Anne Victoria building built in 1880, renovated and expanded in 1986. A substantial renovation has been completed 2023 The upgrades are replacement and improvements to the turret windows, gutters, porch, pillars, and painting of the exterior. In 2022 new HVAC system and ductwork was installed. The property is an existing , three-story, single-tenant office building containing 10,895 SF. There are 42 parking spaces. Building has an elevator for 4 floors and is handicap accessible. The property is currently 100% leased until March 31, 2024, when the current tenant intends to move to a new location.

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Commercial Active

Price

$ 3,500,000

Bedrooms

Studio

Half Bath

6

Property Type

Commercial

Taxes

$ 84,885

Style

Lot Size

0.8

Year Built

1880

Town/City

Montclair

County/Region

Essex

MLS | Web ID

3868279
Features
General
Sewer Public Sewer
Construction Wood
Heating 3 Units Forced Hot Air Multi-Zone
Cooling 3 Units Central Air
Utilities Electric Gas-Natural
Possession 03/31/2024
Roof See Remarks
Zoning OR3
Garage Spaces 42
Year Built 1880
Tenant Pays See Remarks
Township Montclair Twp.
Property Type Free Standing Office See Remarks See Remarks
Tax Year 2023
Percent Ownership Fee Simple
Location Corner Freestanding
Lease Information 5 Or More Years
County Essex
Status Active
Directions Bloomfield Ave north on Park St. first traffic light corner of Claremont Ave
Total Units 0
Street Name Park St
Tax Annual Amount 84885
Drive Blacktop Parking Lot-Exclusive
Leasable Area 0
Days on Market 177
Lease Type Net
Standard Status Active
Tax Assessed Value 2511400
Town # 1613
Tax Lot 8
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Interior
Basement Finished-Partially Full
Flooring Carpeting Tile Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Lot Features Corner Level Lot
Water Source Public Water
Total Parking 42
Exterior Description Wood
Building Area Total 10895
Lot Dimensions 165X210 IRR
Lot Size Acres 0.80
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* Excluded Features
List By
ANDREE BERTSCHE

Listing Agent

Stanton Company

Broker

andiebertsche@gmail.com

Email

Affordability Calculator

$31,522
Per Month
78%
22%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$7,074
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/5/2023$3,500,000 Listed Price

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56 Park St, Montclair, NJ, 07042 is a Commercial Property for sale at $3,500,000 with 10,895 sqft and a lot size of 0.8. 56 Park St is a studio with 0.6 baths and was built in 1880. The property's zip code is 07042 which is in Montclair, NJ

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