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45 Park St, Montclair, NJ 07042
$1,329,000
45 Park St, Montclair, NJ 07042View this property at 45 Park St, Montclair, NJ 07042
45 Park StMontclairNJ07042
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Property Description
Situated just off the vibrant Bloomfield Ave in the trendy heart of downtown Montclair, you'll find this modern, ready-to-occupy mixed-use office building w/ multi-zone AC. Nestled on a lively stretch of lower Park St, it enjoys proximity to dining establishments, the "Y" gym + pool, & a nursery school. This recently updated building boasts 8-9 office spaces. The 1st fl ft. a spacious conference room adjacent to reception area. All rooms have new flooring, ceilings, + updated lighting fixtures. The 2nd level offers flexibility in usage, including a generous landing area that could serve as additional reception space. A newly installed central kitchenette serves as a gathering point for occupants, & there are 3 half-baths conveniently situated on the business levels. A substantial Lower Level offers ample room for storage + inventory, w/separate entrance leading to a parking for 6 cars. For added versatility + income potential, a dedicated staircase leads up to a stylish 3rd fl apt. The apt features updated kit, washer/dryer, bath, + the possibility of a 2nd bdr in open living space. W/its vibrant surroundings & excellent location, this property caters to the needs of dynamic startups, established professionals, back offices, + co-working arrangements. Steps away from the NYC bus stop + 0.6 miles from the Midtown Direct train. W/3,500 square feet of space across 4 levels, this property presents a wealth of opportunities.
Full Property Details
Full Property Details for 45 Park St
General
- Price: $1,329,000
- Taxes: $25,101 (2022)
- Status: Active
- Type: Office
- MLS ID: 3875514
- Updated: 11/21/2023
- Added to Site: 195 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Laminate, See Remarks, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 4
Additional Information
- Equipment: Appliances, Fixtures, Kitchen Area, Restrooms - Private, Security System, See Remarks, Smoke Detector, Storage Area(s)
Parking
- Garage Spaces: 4
- Total Spaces: 4
- Parking: 2 Car Width, Blacktop, Driveway-Exclusive, See Remarks
Location
- County: Essex
- Subdivision: Downtown Montclair
- Driving Directions: Bloomfield or Claremont to Park. You may park in rear of building
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning, Multi-Zone Cooling
- Heating Type: Forced Hot Air, Multi-Zone
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, Cable TV Available, Fiber Optic Available, Prewired for Internet
Structural Information
- Construction: Wood
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Storage, Walk-Out
- Roof: Asphalt Shingles
- Stories in Building: 3
- Square Feet: 5,000
- Aprox. Leasable: 5,000 Sq. Ft.
- Office: 4,500 Sq. Ft.
- Year Built: 1930
Unit Information
- 2 Bedroom Units: 1
- Units w/Full Bath: 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: 45X125
- Permitted Use: Office/3rd floor apt
- Zoning: Mixed
- Lot Description: Level Lot
Financial Considerations
- Expenses: Electricity, Gas/Oil, Insurance, Maintenance - Exterior, Maintenance - Interior, Snow Removal, Taxes, Water/Sewer
- Assessment Amount: $763,400
- Land Assmt: $265,800
- Tax Amount: $25,101
- Tax Year: 2022
- Tenant Pays: See Remarks
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 1613-02309-0000-00001-0000-
- Block: 2309
- Lot Number: 1
Listed by Compass New Jersey Llc
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Schools
Schools serving 45 Park St
School District:Montclair Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
54 Orange Rd, Montclair, NJ 07042 | 3-5 | 0.4 mi | |
55 Washington St, Montclair, NJ 07042 | K-5 | 0.6 mi | |
20 Edgemont Rd, Montclair, NJ 07042 | K-5 | 0.9 mi | |
100 Chestnut St, Montclair, NJ 07042 | 9-12 | 0.5 mi | |
14 Garden St, Montclair, NJ 07042 | K-5 | 1 mi | |
Nishuane School
32 Cedar Ave, Montclair, NJ 07042 | PK-2 | 1.2 mi | |
603 Grove St, Montclair, NJ 07043 | K-5 | 2.4 mi | |
87 Mount Hebron Rd, Montclair, NJ 07043 | PK-5 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 45 Park St
Date
Details
Price
Change
Source
11/21/2023
Listed
$1,329,000
61.09%
MLS
9/27/2019
Sold
$825,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 45 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$25,101
2%
$763,400
—
2021
$24,665
3%
$763,400
—
2019
$24,017
2%
$763,400
—
2018
$23,620
-10%
$763,400
8%
2017
$26,272
3%
$703,600
—
2016
$25,569
3%
$703,600
—
2015
$24,809
7%
$703,600
—
2013
$23,226
—
$703,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 45 Park St
45 Park St, Montclair, NJ 07042 (MLS# 3875514) is a Office property. 45 Park St is currently listed for $1,329,000 and was received on November 21, 2023. Want to learn more about 45 Park St? Do you have questions about finding other Office real estate for sale in Upper Montclair? You can browse all Upper Montclair real estate or contact a Coldwell Banker agent to request more information.