$2,295,000
↓ $300K (11.6%)
●
Commercial -
For Sale
179 Walnut St
Montclair Twp., NJ 07042
Studio
0 Bath
4600 Sqft
$12,680
Estimated Monthly
$0
HOA / Fees
0.10%
Cap Rate
About This Property
Potential, potential, potential are the 3 words to describe this
property that has not been on the market for 30 plus years.
This is an 11 unit building that rooming house designation.
This property has rooming house designation so is not subject
to rent control. There are many possibilities for this
building. It can be made into specialized housing. The
type of specialized housing is usual leased through a government
agency This property has great location as we are close to Mid-town
direct and close to downtown. It has been well cared for and
is ready to go.
The manager has listed the unit size as 4600 square feet.
The manager has listed the unit size as 4600 square feet.
Unit Size
4,600Ft²
Days on Market
480 days
Land Size
-
Price per sqft
$499
Property Type
Commercial
Property Taxes
$1,410
HOA Dues
-
Year Built
1907
Listed By
Last updated: 2 months ago (GSMLSNJ #3823346)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2024 | Price Decreased |
$2,295,000
↓ $300K
(11.6%)
|
|
| Price Decreased | |||
| Jan 3, 2024 | Price Decreased |
$2,595,000
↓ $380K
(12.8%)
|
|
| Price Decreased | |||
| Jan 5, 2023 | Listed by Village Square Realtors | $2,975,000 | |
| Listed by Village Square Realtors | |||
Property Highlights
Air Conditioning
Interior Details
Basement Information
Basement
Exterior Details
Exterior Information
Vinyl Siding
179 Walnut St
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
