163 Park St | Montclair Twp.

$1,600,000 | 9 Beds | 5 Baths (5 Full) | 4,945 Sq. Ft.

Don't miss this incredible opportunity with endless potential! Build your dream home or keep as an investment, incoming producing property! This expansive multifamily (commercial) 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. 4 Units (1st and 2nd fls) are currently month to month and the third floor is vacant. 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! GSMLS 3987647

Directions to property: Between Chestnut and Watchung Ave

MLS Listing ID: 
GSMLS 3987647
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Community Information
Elementary: 
MAGNET
Middle: 
MAGNET
High: 
MONTCLAIR
Building Details
Details about the building on a property.
Architectural Style: 
See Remarks
Year Built: 
1887
New Construction: 
0
Living Area: 
4,945
Basement: 
Unfinished, Walkout
Interior: 
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Fireplaces: 
Yes
Construction
Roof: 
Asphalt Shingle
Exterior: 
Aluminum Siding
Exterior Features: 
Open Porch(es)
Energy Information: 
Electric, Gas-Natural, See Remarks
Porch: 
No
Deck: 
No
Room Details
Details about the rooms in the building.
Total Rooms: 
20
Total Bedrooms: 
9
Total Bathrooms: 
5
Total Full-Bathrooms: 
5
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
1 Unit
Heating System Fuel: 
Gas-Natural
Water Heating System: 
Gas
Water Source: 
Public Water
Sewer: 
Public Sewer, Sewer Charge Extra
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.8
Lot Size (Dimensions): 
34950SF
Waterfront: 
0
Lot Features
Driveway: 
Blacktop, Driveway-Exclusive, Off-Street Parking, See Remarks
Parking Type: 
Blacktop, Driveway-Exclusive, Off-Street Parking, See Remarks
Total Parking Spaces: 
0
Garage: 
Detached Garage, See Remarks
Fence: 
No
Public Record
Parcel Number: 
1613-02408-0000-00022-0000-
Lot Number: 
22
Annual Tax: 
$29,721.00
Property Zoning: 
R1
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
9/18/2025
Contract Details
Details about the listing contract.
Exclusions: 
A/C units and any personal property of tenants.
Possession: 
TBD
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
COMPASS NEW JERSEY LLC