45 Park St Montclair, NJ $ 1,329,000
45 Park St
$ 1,329,000
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45 Park St

Montclair, NJ, 07042
$ 1,329,000
Baths0.4 Sq 5,000

Monthly Estimate*

$ 9,283

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Studio

Commercial Property for sale in Montclair, NJ

for $1,329,000 with 4 half baths. This 5,000 square foot building was built in 1930 on a lot size of 0.13.

Situated just off the vibrant Bloomfield Ave in the trendy heart of downtown Montclair, you'll find this modern, ready-to-occupy mixed-use office building w/ multi-zone AC. Nestled on a lively stretch of lower Park St, it enjoys proximity to dining establishments, the "Y" gym + pool, & a nursery school. This recently updated building boasts 8-9 office spaces. The 1st fl ft. a spacious conference room adjacent to reception area. All rooms have new flooring, ceilings, + updated lighting fixtures. The 2nd level offers flexibility in usage, including a generous landing area that could serve as additional reception space. A newly installed central kitchenette serves as a gathering point for occupants, & there are 3 half-baths conveniently situated on the business levels. A substantial Lower Level offers ample room for storage + inventory, w/separate entrance leading to a parking for 6 cars. For added versatility + income potential, a dedicated staircase leads up to a stylish 3rd fl apt. The apt features updated kit, washer/dryer, bath, + the possibility of a 2nd bdr in open living space. W/its vibrant surroundings & excellent location, this property caters to the needs of dynamic startups, established professionals, back offices, + co-working arrangements. Steps away from the NYC bus stop + 0.6 miles from the Midtown Direct train. W/3,500 square feet of space across 4 levels, this property presents a wealth of opportunities.

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Commercial Active

Price

$ 1,329,000

Bedrooms

Studio

Half Bath

4

Property Type

Commercial

Taxes

$ 25,101

Style

OffcApts

Lot Size

0.13

Year Built

1930

Town/City

Montclair

County/Region

Essex

MLS | Web ID

3875514

Features
General
Sewer Public Sewer
Construction Wood
Heating Forced Hot Air Multi-Zone
Cooling 2 Units Central Air Multi-Zone Cooling
Utilities Gas-Natural
Possession 30 days
Roof Asphalt Shingle
Zoning Mixed
Garage Spaces 4
Year Built 1930
Tenant Pays See Remarks
Township Montclair Twp.
Property Type Office/Apartments OffcApts
Tax Year 2022
Percent Ownership Fee Simple
Location Business District Residential Area
County Essex
Subdivision Name Downtown Montclair
Status Active
Directions Bloomfield or Claremont to Park. You may park in rear of building
Total Units 3
Street Name Park St
Tax Annual Amount 25101
Drive 2 Car Width Blacktop Driveway-Exclusive See Remarks
Leasable Area 4500
Days on Market 154
Standard Status Active
Tax Assessed Value 763400
Town # 1613
Tax Lot 1
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Interior
Basement Finished Full Storage Walkout
Flooring Laminate See Remarks Tile Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 4
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 4
Exterior Description Vinyl Siding
Building Area Total 5000
Lot Dimensions 45X125
Lot Size Acres 0.13
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* Excluded Features
List By
CHRISTINE R LANE

Listing Agent

Compass New Jersey Llc

Broker

chris@laneteam.com

Email

Affordability Calculator

$11,375
Per Month
82%
18%
0%
Monthly Principal & Interest
$9,283
Monthly Property Taxes
$2,092
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
Pricing History
DatePricePrice ChangeDescription
11/21/2023$1,329,000 Listed Price

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45 Park St, Montclair, NJ, 07042 is a Commercial Property for sale at $1,329,000 with 5,000 sqft and a lot size of 0.13. 45 Park St is a studio with 0.4 baths and was built in 1930. The property's zip code is 07042 which is in Montclair, NJ