163 Park St
Montclair Twp., NJ 07042-3918
- 10 beds
- 5 baths
- 4,945 sqft
- ~3/4 acre lot
- $323 per sqft
- 1887 build
- – on site
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!
Last checked:
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Last updated Mar 24, 2025
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MLS# 3921108 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Construction Date/Year Built:1887
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Style:See Remarks, Colonial
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Primary Style:See Remarks
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Roof Description:Asphalt Shingle
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Exterior Description:Aluminum Siding
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Basement:Yes
Interior
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Interior Features:Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
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Flooring:Carpeting, Laminate, Tile, Vinyl-Linoleum, Wood
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# of Rooms:20
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Level 1 Rooms:4 Or More Bedrooms, Bath Main, Bath(s) Other, Kitchen, Living Room
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Level 2 Rooms:3 Bedrooms, Bath Main, Bath(s) Other, Den, Kitchen, Living Room
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Level 3 Rooms:3 Bedrooms, Bath Main, Kitchen
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Kitchen Area:See Remarks
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Basement Description:Unfinished, Walkout
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# of Fireplaces:4
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Fireplace Description:Non-Functional
Financial & Terms
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Possession:TBD
Location
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Directions:Between Chestnut and Watchung Ave
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Latitude:40.82544
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Longitude:-74.20993
The Property
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Property Subtype:Single Family
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Approx Lot Size:34,950 Sqft
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Lot Description:Level Lot
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Approx SqFt:4,945 Sqft
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Total Acres:0 Sqft
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Lot Identifier:22
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Zoning:R1
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Exterior Features:Open Porch(es)
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Exclusions:A/C units and any personal property of tenants.
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Easements:Unknown
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Assessment Land:350000
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- (973) 310-7360
- Office phone:
- (973) 310-7360
Taxes
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Tax ID:*
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Tax ID For Property:1613-02408-0000-00022-0000-
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Tax Year:2023
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2023
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Tax Rate Amount:3.380
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Tax Amount:$29,520
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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City Code Tax:*
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County Tax:$*
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County Code Tax:*
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Zip Code Tax:*
Beds
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# of Bedrooms:10
Baths
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# of Baths:5.00
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# of Full Baths:5
Heating & Cooling
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Heating:1 Unit
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Water Heater:Gas
Utilities
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Utilities:Electric, Gas-Natural, See Remarks
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Public Sewer, Sewer Charge Extra
Appliances
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Appliances:Carbon Monoxide Detector, Cooktop - Electric, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, See Remarks, Wall Oven(s) - Electric, Washer
Schools
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Grade School:MAGNET
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Middle Or Junior School:MAGNET
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High School:MONTCLAIR
The Community
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Community Living:No
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Services:Cable TV Available, Garbage Included
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Pets Allowed:Yes
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Assessment Total:873400
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Assessment Total Tax:*
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Assessment Bldg:523400
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Assess Amount Building Tax:*
Parking
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# of Garage Spaces:4
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Garage Description:Detached Garage, See Remarks
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Parking/Driveway Description:Blacktop, Driveway-Exclusive, Off-Street Parking, See Remarks
Monthly cost estimate

Asking price
$1,600,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,567
|
Taxes | N/A |
Insurance | $440 |
Utilities | $353 See report |
Total | $9,360/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/24/25
Mar 24, 2025
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Listed / Active | GSMLS | $1,600,000 | |
3/5/25
Mar 5, 2025
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Sold Subject To Contingencies | GSMLS | $1,600,000 | |
9/5/24
Sep 5, 2024
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Listed / Active | GSMLS | $1,600,000 |