#3940504, Listing office: PROMINENT PROPERTIES SIR
#24027820·
Listing office: Compass New Jersey, LLC-Montclair·
Listing agent: Susan Lovit·
Listing office phone: (973) 477-7252
$1,600,000 List price
163 Park St Montclair, NJ 07042
$10,000
Closing credit¹
10 beds
5 full
House
Property details
About 163 Park St
Don't miss this incredible opportunity! Build your dream home or keep as an investment, incoming producing property! This expansive multifamily residence, currently a 5-unit investment property, is nestled w/in a single-family zone on a spacious flat lot w/ ample parking (4 garage spaces, one is currently being rented for $125 per month, ea tenant can have 2 outdoor spots) & generous yard space. Ideally located in a prime location- .3 miles to Watchung Plaza shops, cafe's & NYC direct train- & close to Walnut St Farmer's Market too! This offers the flexibility to remain a 5-family residence or be converted to a 2, 3, or 4-family home. Each unit features separate utilities, w/ paid lndry available in the basement. Surrounded by beautiful homes, the neighborhood would welcome a single family conversion or new build. The house & garage are being sold in strictly AS IS. To accommodate tenants, showings are scheduled for 9/5 12PM-4PM & 9/6 9AM-1PM. Bring your realtor &/or contractor!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Radiant, Steam
StatusActive
BasementYes
ParkingDetached, O/See Remk
MLS #24027820
Garage4 spaces
Summary
- Full Bathrooms: 5
- Basement: Yes
- Flooring Type: Hardwood, Carpet
- Fireplace: None
- Total Bedroom Count: 10
- Garage Space: 4 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Detached, O/See Remk
- Waterfront: None
- Architectural Style: Colonial
- Heating: Natural Gas, Radiant, Steam
- Cooling: None
- List Price: $1,600,000
- Annual Tax Amount: $29,520
- Tax Year: 2024
- MLS Number: 24027820
- Office Name: Compass New Jersey, LLC-Montclair
- Office Phone: (973) 477-7252
- Listing Agent: Susan Lovit
Disclaimer: 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 Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 3:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,600,000
163 Park St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $873,400 | $29,520 |
| 2022 | $873,400 | $28,219 |
| 2021 | $873,400 | $28,219 |
| 2020 | $873,400 | $27,477 |
| 2019 | $873,400 | $27,023 |
History based on county public records data.
Nearby schools
6
Watchung Elementary School
Public District KG-5
0.3 mi
•14 Garden St
6
Edgemont Elementary School
Public District KG-5
0.5 mi
•20 Edgemont Rd
8
Hillside Elementary School
Public District 3-5
1.0 mi
•54 Orange Rd
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 $182,589. Typical income of Montclair, NJ residents is $200k+ annually. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
1%
<35k
22%
35k-100k
34%
100k-200k
43%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
8%
Single, with Kids
26%
Married, No Kids
38%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
12%
18-34 yrs old
50%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Tennis- Men's Tennis
Where do the neighbors shop?
Nordstrom
Brooks Brothers
Bloomingdales
Where do the neighbors go to eat?
California Pizza Kitchen
Qdoba
Bonefish Grill
What do the neighbors drive?
BMW
Acura
Lexus
What do the neighbors listen to?
Talk/Personality
Sports
News
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Montclair, NJ
Montclair's transport infrastructure is well-developed, with a focus on both private and public transit options. The town features a network of bus routes that facilitate local and regional travel, and the train service provides a direct link to New York City, appealing to commuters. The community is also bike-friendly, with designated lanes and trails. Roadways are well-maintained, ensuring smooth travel within and outside the town, and ongoing initiatives aim to further improve transport efficiency and accessibility.
The community is served by a comprehensive educational system, including several public and private schools that cater to a range of educational needs. Montclair is home to a number of healthcare facilities, offering residents access to quality medical care. The town also boasts a public library system that serves as a hub for learning and community engagement. Retail and dining options reflect the local culture, with a mix of independent shops and restaurants that showcase the town's diverse culinary landscape.
Montclair is celebrated for its vibrant arts scene and cultural richness, with numerous galleries, theaters, and live music venues dotting the landscape. The community prides itself on a strong sense of local identity, with annual events like the Montclair Film Festival drawing residents and visitors alike. The town's character is further enhanced by its lush parks and commitment to preserving green spaces, providing a scenic backdrop to the bustling town activities.
Montclair's housing market is diverse, offering a range of options from stately Victorian homes to modern condominiums and everything in between. Single-family homes are prevalent, with a mix of historic charm and contemporary amenities. The area also features a selection of multi-family dwellings and apartments, accommodating various lifestyle needs. The homeownership rate in Montclair is robust, reflecting the community's commitment to long-term residency and neighborhood stability.
About 163 Park St
The listing price of 163 Park St property is $1,600,000.
The property 163 Park St is a house located in Montclair, New Jersey, 07042.
Active Listing: 163 Park St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 163 Park St are: Watchung Elementary School (GreatSchools Rating 6/10), Edgemont Elementary School (GreatSchools Rating 6/10), Hillside Elementary School (GreatSchools Rating 8/10), Renaissance Middle School at the Rand Building (GreatSchools Rating 5/10), Buzz Aldrin Middle School (GreatSchools Rating 6/10), Bloomfield Middle School (GreatSchools Rating 5/10), Montclair High School (GreatSchools Rating 5/10), Glen Ridge High School (GreatSchools Rating 8/10), Bloomfield High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $29,520 (source: MLS/based on county public records data).
The property at 163 Park St has 10 bedrooms and 5 bathrooms.
This home is located at 163 Park St in Montclair, NJ and zip code 07042. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $1,600,000.
Montclair, NJ housing market in May 2025 saw over 7 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. The number of listings in Montclair, NJ increased by 40.2% between April and May 2025. The median list price of listings available in May 2025 was $1,330,000, while the average time on the real estate market was 10 days.
From Rocket Homes Real Estate and based on county public records data.