#877940, Listing office: Keller Williams Hudson Valley
Property details
About 162 Park Ave
Fantastic opportunity in the Village of Monticello—perfect for both end users and savvy investors! This legal 2-family home is ideally located in the center of town, just minutes from shopping, restaurants, popular stores, public transportation, and all local conveniences. Whether you choose to live in one unit and rent out the other or use both as income-producing units, this property offers flexibility, stability, and a great ROI. The home features updated kitchens and bathrooms, spacious layouts, and has been meticulously maintained, making it a true turn-key opportunity. Both units are currently occupied by great long-term tenants who are responsible for their own utilities, thanks to separate electric meters, providing hassle-free ownership and strong cash flow. With its excellent condition, prime location, and income-producing potential, this is a rare find that won’t last long!
Highlights
Summary
- Full Bathrooms: 4
- Basement: No
- Interior: Washer/Dryer Hookup
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Parking: Driveway
- Exterior: Patio
- Heating: Baseboard
- Cooling: Wall/Window Unit(s)
- List Price: $475,000
- Annual Tax Amount: $3,375
- Tax Year: 2021
- Year Built: 1985
- Lot Size: 0.29 Acres
- MLS Number: 886790
- MLS Name: ONEKEY2
- Office Name: Keller Williams Realty
- Office Phone: (845) 928-8000
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 07, 2005 | Home Sold | $158,500 |
Oct 16, 2002 | Home Sold | $80,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $105,000 | $- |
2022 | $105,000 | $- |
2021 | $105,000 | $3,375 |
2020 | $105,000 | $3,375 |
2019 | $105,000 | $6,049 |
2018 | $105,000 | $5,846 |
2017 | $105,000 | $3,371 |
History based on county public records data.
Nearby schools
3
Kenneth L Rutherford School
Public District 3-5
0.3 mi
•26 Patricia Pl
3
Benjamin Cosor Elementary School
Public District PK-6
7.5 mi
•15 Old Falls Rd
3
Liberty Elementary School
Public District PK-4
11.2 mi
•201 N Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,455. Typical income of Monticello, NY residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 162 Park Ave
The listing price of 162 Park Ave property is $475,000.
The property 162 Park Ave is a multi located in Monticello, New York, 12701.
Active Listing: 162 Park Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 162 Park Ave are: Kenneth L Rutherford School (GreatSchools Rating 3/10), Benjamin Cosor Elementary School (GreatSchools Rating 3/10), Liberty Elementary School (GreatSchools Rating 3/10), Robert J Kaiser Middle School (GreatSchools Rating 2/10), Liberty Middle School (GreatSchools Rating 2/10), Circleville Middle School (GreatSchools Rating 3/10), Monticello High School (GreatSchools Rating 3/10), Fallsburg Junior Senior High School (GreatSchools Rating 2/10), Liberty High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2021 is $3,375 (source: MLS/based on county public records data).
The last sale was on July 7, 2005 for $158,500 (source: MLS/tax record).
The year of construction for 162 Park Ave is 1985.
This home is located at 162 Park Ave in Monticello, NY and zip code 12701. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $475,000.
While more than 3 listings in Monticello, NY in June 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. Between May and June 2025, Monticello, NY real estate market has seen increase in the number of listings by 17.1%. In June 2025 median list price was $315,000 and the average listing age was 47 days.