For Sale
$1,999,999

96 Park St Montclair, NJ 07042

Prime Location, Fully Occupied, High ROI

Overview

Added:
Feb 3
Days on market:
83
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
Year Built
1890

Location Insight

City
Montclair
County
Essex
State
New Jersey
Latitude
40.82036
Longitude
-74.21461

FAQs

What type of property is this?
Office property - Prime Location, Fully Occupied, High ROI
Where is the office property located?
The property is located at 96 Park St Montclair, NJ.
What is the asking price?
The asking price for this property is $1,999,999.
How can I contact the broker?
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96 Park St
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