Pending
Under Contract
260 Park St
Montclair Twp NJ, 07043
$1,199,900
$411.49 per sqft
Pending
Under Contract
9 Beds
3 Baths
2,916 sqft
Multi-family
Built in 1894
One of just a couple dozen multifamily properties right on Watchung Plaza in Upper Montclair. Two huge units with 4 beds + 1 bath in Unit 1 ($2900/month) and 5 beds + 2 baths in Unit 2 ($3,785/month). Tenants pay for electric and gas, landlords pay for sewer and water. Separate furnaces and water heaters. Shared laundry and storage rooms in the basement. Currently fully occupied with recently renewed leases, PLUS additional income from rented garage & parking spaces. Over 16 parkings spaces on site and a 2 car garage. Development friendly ?Neighborhood Commercial? Zoning allowing 28 units per acre, and Mixed-Use development. Lot is 11,975.79 square ft. Opportunity is abundant with this ?in-town? location! Surrounded by shops, restaurants, and a 45 minute train to Penn Station, NYC. Adjacent property is also for sale by a different owner and broker. POF required for all showings. Showings only during designated windows. Inquire for times.
3910375
MLSⓇ ID
June 27, 2024
Listed
September 5, 2024
Updated
Map
260 Park St
Montclair Twp NJ, 07043
Interior Features
Total Stories
3
Bedrooms
9
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Vinyl
Appliances
Gas Water Heater
Floor Description
Vinyl
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.27 Acres
Lot Features
Level, Wooded
Architectual Style
3-Three Story, Under/Over
Roof
Asphalt
Sewer
Public Sewer
School Information
High School
MONTCLAIR
Elementary School
MAGNET
Other Property Details
Taxes
$19,029
Tax Frequency
Annually
Days on Market
33
Garage
Yes
Garage Spaces
2
Parking
Off Street, Detached
Parking Total
2
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
NC
Listing History
Date | Event | Price |
---|---|---|
7/30/2024 | Pending | — |
7/1/2024 | Active | — |
Courtesy of COMPASS NEW JERSEY LLC with PIERCE CONWAY,
Listing Contact:
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