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Listed with Susan Lovit | 973-477-7252, Compass New Jersey, LLC-Montclair
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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.
| DAYS ON MARKET | 235 | LAST UPDATED | 3/24/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 100 |
| GARAGE SPACES | 4.0 | COUNTY | ESSEX |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | 100 |
|---|---|
| GARAGE | Yes |
| STYLE | 4 Family |
| TAXES | 29520 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Sotheby's are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 4/21/25 5:35 AM PDT Source: New Jersey Multiple Listing, Inc.
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