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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. 4 units are currently being rented.month to month. Bring your architects and/or your contractors!
| DAYS ON MARKET | 1 | LAST UPDATED | 9/18/2025 |
|---|---|---|---|
| YEAR BUILT | 1887 | COMMUNITY | Montclair |
| GARAGE SPACES | 10.0 | COUNTY | Essex |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Montclair |
|---|---|
| BASEMENT | Full, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION | Aluminum Siding |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 0.8 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 29520 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | R1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with COMPASS NEW JERSEY LLC
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