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Financial
Distress signals
Property profile

163 Park St Montclair, NJ 07042

OFF-MARKET
Residential income homes
Property ID
US59-1607227
4,945 SF 0.8 ac lot Built 1887
Last sale May 2011
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a multifamily residence configured as a five-unit building on a spacious, flat lot within a single-family zoning district. It has a total building area of 4,945 square feet and features off-street parking including four garage spaces plus outdoor parking spaces. The layout provides separate utilities for each unit and includes paid laundry facilities in the basement. The property is located approximately 0.3 miles from Watchung Plaza and provides convenient access to nearby…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$29k
Tax billed · 2022
Assessed value · 2023$873k
Assessed land$350k
Assessed improvement$523k
Effective rate3.29%

Value estimate

· Oct 2026
$610k
$549k – $671k
CAP approach$1.28M
Submarket $/SF estimate$1.59M

Realmo valuation models over county records and 95 qualifying comparable sales.

Recently sold

What actually traded nearby?
$273/SF
County average, outlier-cleaned · 168 recorded sales of this use type
Observed band · Q1–Q3$169 – $450
Qualifying comparables95

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R1
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.5
Convenience Store9.7
Laundromat9.3

Location

163 Park St Montclair, NJ 07042-3918
County assessor Recorded deeds · 1 transfer 95 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
41 Willow, Montclair, NJ 07042-7302 $950,000 Jul 2023 4,794 SF
235 Claremont, Montclair, NJ 07042-2841 $1,750,000 Jan 2023 4,486 SF
231 Claremont, Montclair, NJ 07042-2866 $1,500,000 Jan 2023 5,383 SF
28 Un, Montclair, NJ 07042-3321 $800,000 Nov 2022 4,335 SF
115 Maple, Montclair, NJ 07042-4569 $1,250,000 Apr 2022 4,560 SF
108 Elm, Montclair, NJ 07042-3271 $1,675,000 Mar 2022 5,264 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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