163 Park St Montclair, NJ $ 1,600,000
163 Park St
$ 1,600,000
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163 Park St

Montclair, NJ, 07042
$ 1,600,000
Bedrooms9 Baths5.0 Sq 4,945

Monthly Estimate*

$ 9,982

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Multi-Family Home for sale in Montclair, NJ

for $1,600,000 with 9 bedrooms and 5 full baths. This 4,945 square foot home was built in 1887 on a lot size of 0.8.

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!

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 29,721

Style

Fixer Upper

Lot Size

0.8

Year Built

1887

Town/City

Montclair

County/Region

Essex

MLS | Web ID

3987648

Features
Interior
Interior Amenities Carbon Monoxide Detector Carpeting Fire Extinguisher High Ceilings Smoke Detector Tile Floors Vinyl-Linoleum Floors Wood Floors
Basement Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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General
Sewer Public Sewer
Heating 1 Unit Radiators - Steam
Cooling None
Utilities Electric Gas In Street
Possession TBD
Roof Asphalt Shingle
Water Heater Gas
Zoning R1
Garage Spaces 4
Architectural Style Fixer Upper See Remarks
Exclusions A/C units and any personal property of the tenants.
Year Built 1887
Garage Detached Garage See Remarks
Township Montclair Twp.
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 20
Full Baths 5
Status Active
Directions Between Watchung and Chestnut
High School MONTCLAIR
Open Parking Spaces 10
Number Of Units Total 4
Elementary School MAGNET
Tax Annual Amount 29721
Middle/Junior High School MAGNET
Drive Blacktop Driveway-Exclusive Off-Street Parking
Standard Status Active
Tax Assessed Value 873400
Town # 1613
Tax Lot 22
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Exterior
Exterior Amenities Open Porch(es)
Lot Features Level Lot
Water Source Public Water See Remarks
Exterior Description Aluminum Siding
Building Area Total 4945
Lot Dimensions 34950SF
Lot Size Acres 0.80
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* Excluded Features
List By
SUSAN LOVIT

Listing Agent

Compass New Jersey Llc

Broker

suelovit@icloud.com

Email

Affordability Calculator

$12,459
Per Month
80%
20%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
$2,477
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
289632 Elementary School
289658 Middle School
Montclair High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2025$1,600,000 Listed Price

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163 Park St, Montclair, NJ, 07042 is a Multi-Family Home for sale at $1,600,000 with 4,945 sqft and a lot size of 0.8. 163 Park St has 9 bedrooms, 5.0 baths, and was built in 1887. The property's zip code is 07042 which is in Montclair, NJ