Estimated payment $11,314/month
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.Bring your architects and/or your contractors!
Listing Agent
SUSAN LOVIT
COMPASS NEW JERSEY LLC Brokerage Phone: 973-477-7252 Listed on: 08/29/2024
Home Type
Est. Annual Taxes
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Lot Details
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Community Details
Listing and Financial Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/23/2025 03/23/25 | For Sale | $1,600,000 | 0.0% | -- |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | For Sale | $1,600,000 | -- | -- |
$1,600,000
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
Susan Lovit Compass New Jersey, LLC-Montclair
Source: Garden State MLS
MLS Number: 3921209
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