96 Park StMontclair, NJ 07042

For Sale
$1,999,999

Prime Location, Fully Occupied, High ROI

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a beautifully restored Grand Victorian professional office building situated on Park Street in the heart of Montclair, NJ. The property boasts a prime location, offering convenient proximity to the vibrant Bloomfield Avenue business district, Montclair High School, and the Walnut Street Train station. Public transportation is readily available with a bus stop directly in front of the building. Currently fully occupied with a stable mix of professional, medical, counseling, and therapy tenants, this building enjoys a long rental history and exceptionally low vacancy rates. The property offers significant flexibility for a buyer who may wish to occupy a portion of the space. This stately historic building, lovingly maintained by its long-term owner, retains impressive original details including a gorgeous front porch, gleaming hardwood floors, ornate stained-glass windows, and five ornamental fireplaces. Shared amenities include a convenient conference room and kitchenette. Ample parking is provided with 21 spaces available on the .43-acre lot. The building presents a rare opportunity to acquire a high-quality, income-producing asset in a highly desirable Montclair location. The substantial rental income stream, combined with the building's historical charm and prime location, makes this an attractive investment for discerning buyers. This is a unique chance to own a piece of Montclair's rich history while enjoying a strong return on investment. The asking price is $1,999,999.

Property Details for 96 Park St

Property type
Office properties, Other office properties
Year Built
1890

Location Insight

City
Montclair
County
Essex
State
New Jersey
Latitude
40.82036
Longitude
-74.21461
96 Park St, Montclair, New Jersey

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96 Park St
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