Prime Investment Opportunity & Dream Home Potential in Montclair, NJ.Nestled in the heart of a vibrant and sought-after community this exceptional property offers a rare blend of versatility, charm, and opportunity. Currently configured as a professional office building across four expansive floors, this meticulously maintained structure boasts a range of businesses, making it an ideal investment for savvy buyers seeking immediate rental income and long-term growth. With multiple businesses already thriving within, this property is a turnkey solution for those looking to expand their portfolio with a multi-tenant asset. Additional allure lies in its remarkable potential as a future single-family residence. This spacious layout and generous floorplan provide a perfect canvas to transform this classic building into a stunning dream home. Set on a large expansive lot offering ample parking, you have the perfect balance of convenience and suburban serenity. Montclair is renowned for its blend of historic charm, arts, endless dining options, boutiques and venues. Easy access to NYC via multiple transportation options make it perfect for both business/residential living. Whether you're an investor seeking a profitable commercial property with high rental potential, or a discerning buyer looking to create the ultimate home in one of NJ's most coveted locales, this property promises unmatched value and limitless potential.
Active
Price cut: $25K (8/7)
$1,350,000
101 Park St #0, Montclair Twp., NJ 07042
--beds
6baths
6,739sqft
Est.:
Apartment
Built in 1908
-- sqft lot
$-- Zestimate®
$200/sqft
$-- HOA
What's special
- 95 days
- on Zillow |
- 472 |
- 7 |
Zillow last checked: 12 hours ago
Listing updated: August 07, 2025 at 10:33am
Listed by:
Nicholas Gagis 201-965-9033,
Coldwell Banker Realty
Source: GSMLS,MLS#: 3961419

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
Heating
- 2 Units, Forced Air, Zoned, Electric, Natural Gas
Cooling
- 2 Units, Central Air, Zoned
Features
- Doors: Max Door Height: 10
- Basement: Yes,Partially Finished,Full
Interior area
- Total structure area: 6,739
- Total interior livable area: 6,739 sqft
Property
Parking
- Total spaces: 12
- Parking features: Blacktop, Common, Fencing
- Garage spaces: 12
Features
- Stories: 3
Lot
- Size: 0.38 Acres
- Dimensions: 90 x 183 IRR
- Features: Split Possible, Residential Area, See Remarks
Details
- Parcel number: 1613023120000000260000
- Zoning description: Comm/SinglFam
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block, Wood
- Roof: Asphalt Shingle
Condition
- Year built: 1908
- Major remodel year: 2022
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Montclair
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $785,900
- Annual tax amount: $26,744
- Date on market: 5/9/2025
- Inclusions: Building & Land
- Ownership type: Fee Simple
- Tenant pays: All Utilities
- Electric utility on property: Yes
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