49 Park St | Montclair, NJ 07042
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49 Park St
Montclair, NJ 07042
Office Property For Sale
Investment Highlights
- Exceptional Added Value Opportunity to increase NOI from 50 to 70K.
- Exceptional Location
- Very good condition
- $799,000 Offering Price is well below Market Value using current 50k NOI
- Stabilized Income and longer term tenancies
Property Facts
Property Type
Building Size
2,781 SF
Building Class
C
Year Built
1869
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,396 SF
Building FAR
0.44
Lot Size
0.14 AC
Zoning
OR3 - Allows for office, res and mixed use. Our Development Feasibility Valuation provided the current co-working theme office use as highest and best.
Parking
7 Spaces (2.51 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Hardwood Floors
Property Taxes
| Parcel Number | 13-02309-0000-00003 | Improvements Assessment | $191,300 |
| Land Assessment | $351,600 | Total Assessment | $542,900 |
Property Taxes
Parcel Number
13-02309-0000-00003
Land Assessment
$351,600
Improvements Assessment
$191,300
Total Assessment
$542,900
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