Opportunity meets potential at 223 Montgomery Street, a two-family property offering flexibility, scale, and strong upside in a well-connected Bloomfield location. Ideal for investors seeking a fix-and-flip project or a long-term buy-and-hold asset, this property presents a rare chance to reimagine and add value in a market with continued demand.… Read More The home features a spacious layout across multiple levels, with generous room sizes and a functional footprint that allows for a variety of renovation possibilities. A large basement adds additional utility and storage potential, while the overall structure offers the foundation for a compelling transformation. One of the property's standout features is the rare 5-car garage paired with a 5+ car driveway, providing an exceptional amount of parking and storage flexibility seldom found in the area. Conveniently located near Bloomfield Avenue, Garden State Parkway access, NJ Transit options, shopping, restaurants, parks, and local amenities, the property offers strong regional connectivity throughout Essex County and into New York City. CONSTRUCTION loan or CASH purchase only. Whether repositioned for resale or retained as an income-producing asset, 223 Montgomery Street offers a compelling value-add opportunity with substantial potential. Read Less
Courtesy of PRESTIGE PROPERTY GROUP MONTCLAIR, JOSEPH AZIZ, 973-860-7595
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,824
Lot Size
0.14 Acres
Year Built
1900
MLS Number
4026374
30 Days Snapshot Of 07003
$558k
-17%
(avg) sold price
25
+38%
homes sold
75
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Heating
1 Unit, Gas-Natural, Radiators - Steam
Basement
Unfinished, Yes
Building
Built in 1900
Cooling
Window A/C(s)
Exterior Features
Vinyl Siding, Curbs, Open Porch(es), Thermal Windows/Doors
Garage
5 garage spaces, Detached Garage
Water Features
Public Water
Lot
Approximate Lot Size: 51 X 122, 0.14 acres
Parking
5 parking spaces, 1 Car Width, Additional Parking, Blacktop, See Remarks
Property
1,824 sqft building, 2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $13,830, Tax Rate: 3.489
Unit One
1 bathroom, 1 bedroom, Handicap Accessibility: No, Range/Oven - Gas
Unit Two
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Range/Oven - Gas
Utilities
Electric, Gas-Natural
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