260 Park St, Montclair Twp NJ, 07043

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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