163 Park St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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,...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.

Listing Agents

  1. Susan Lovit

    Susan Lovit

    Listing Agent

    Compass

    susan.lovit@compass.com

    P: (973)-477-7252

  2. Dana Schwern

    Dana Schwern

    Alternative Listing Agent

    Compass

    dana.schwern@compass.com

    P: (201)-657-5201

Property Details for 163 Park Street

Style
4 Family
Sub style
Mixedflr
LISTING UPDATED: 02/02/2026 01:18 PM

Property Details for 163 Park Street

StatusUnder Contract - Under Contract
MLS #25033779
Days on Market136
Taxes$29,520 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size-
CountyEssex County
Add your commute

Payment Calculator

$10,258 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,798

Property Taxes

$2,460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 163 Park Street

Summary
Location and General Information
  • Area name: Montclair
  • Flood plain: None
  • Street Name: Park
  • County Name: ESSEX
  • Status: Pending
  • Street Number Numeric: 163
  • Zip Code: 07042
Taxes and HOA Information
  • Other Charges: True
  • Tax: $29,520
School Information
  • Junior High School: MAGNET
  • Senior High School: MONTCLAIR
Property
Lot Information
  • Year Built: Pre 1900, Build Prior to 1978
  • Average Acres: 0.8
Property and Assessments
  • Photo Number: 15
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Bedrooms: 9
  • Baths full: 1
  • Baths partial: 0
  • Basement Description: unfinished, utilities, paid laundry, storage, walkout
  • Number of rooms: 20
  • Full Baths Total: 1
  • Num of Baths: 1.0
Exterior Features
  • Exterior: Aluminum Siding
Agent
Sale and Listing Information
  • Management Phone: (973) 477-7252
  • Search Class: 2to4, 2-4 Family
  • List Price: $1,600,000.00
  • Listing Date: 09-18-2025
  • Expired Date: 03-18-2026
  • Pending Date: 02-02-2026
  • Status Date: 02-01-2026
Showing Information
  • Internet Remarks: 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.

Property History for 163 Park Street

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Under Contract

GSMLS #3987648

Feb 2, 2026

Under Contract

GSMLS #3987647

Feb 1, 2026

Under Contract

NJMLS #25033779

Feb 1, 2026

Under Contract

NJMLS #25033773

Dec 2, 2025

Temporarily Off Market

NJMLS #24027820

Dec 2, 2025

Temporarily Off Market

NJMLS #24027935

Sep 19, 2025

Temporarily Off Market

GSMLS #3921108

Sep 19, 2025

Temporarily Off Market

GSMLS #3921209

Sep 18, 2025

Listed (Active)

GSMLS #3987647

$1,600,000
Sep 18, 2025

Listed (Active)

GSMLS #3987648

$1,600,000
Sep 17, 2025

Listed (Active)

NJMLS #25033773

$1,600,000
Sep 17, 2025

Listed (Active)

NJMLS #25033779

$1,600,000
Mar 23, 2025

Listed (Active)

NJMLS #24027935

Mar 23, 2025

Listed (Active)

NJMLS #24027820

Mar 5, 2025

Under Contract

GSMLS #3921209

Mar 5, 2025

Under Contract

GSMLS #3921108

Mar 4, 2025

Under Contract

NJMLS #24027935

Mar 4, 2025

Under Contract

NJMLS #24027820

Aug 29, 2024

Listed (Active)

GSMLS #3921108

$1,600,000
Aug 29, 2024

Listed (Active)

GSMLS #3921209

$1,600,000
Aug 28, 2024

Listed (Active)

NJMLS #24027935

$1,600,000
Aug 28, 2024

Listed (Active)

NJMLS #24027820

$1,600,000
DateEvent & SourcePrice
02/02/2026

Under Contract

GSMLS #3987648

02/02/2026

Under Contract

GSMLS #3987647

02/01/2026

Under Contract

NJMLS #25033779

02/01/2026

Under Contract

NJMLS #25033773

12/02/2025

Temporarily Off Market

NJMLS #24027820

12/02/2025

Temporarily Off Market

NJMLS #24027935

09/19/2025

Temporarily Off Market

GSMLS #3921108

09/19/2025

Temporarily Off Market

GSMLS #3921209

09/18/2025

Listed (Active)

GSMLS #3987647

$1,600,000
09/18/2025

Listed (Active)

GSMLS #3987648

$1,600,000
09/17/2025

Listed (Active)

NJMLS #25033773

$1,600,000
09/17/2025

Listed (Active)

NJMLS #25033779

$1,600,000
03/23/2025

Listed (Active)

NJMLS #24027935

03/23/2025

Listed (Active)

NJMLS #24027820

03/05/2025

Under Contract

GSMLS #3921209

03/05/2025

Under Contract

GSMLS #3921108

03/04/2025

Under Contract

NJMLS #24027935

03/04/2025

Under Contract

NJMLS #24027820

08/29/2024

Listed (Active)

GSMLS #3921108

$1,600,000
08/29/2024

Listed (Active)

GSMLS #3921209

$1,600,000
08/28/2024

Listed (Active)

NJMLS #24027935

$1,600,000
08/28/2024

Listed (Active)

NJMLS #24027820

$1,600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 163 Park Street

Taxable ValueLand$350,000Additions$523,400Total$873,400
Tax Record2024$29,722 ($2,477 / month)
Home Facts
Total Finished SqFt4,945 SqFtAbove Grade Finished SqFt4,945 SqFtStories3Lot Size34,948 SqFtStyleMulti-Family Res (5+ Units)Year Built1887ZoningR1CountyESSEXAPN13 02408-0000-00022

Schools near 163 Park Street

This home is within Montclair Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Watchung Elementary School
PublicK to 5

Renaissance Middle School
Public6 to 8

Montclair High School
Public9 to 12

Edgemont Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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: 02/20/2026 03:36 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 02/20/2026 03:36 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.