39 S Willow St

Description

The Willows Home is a 16-Unit home in Montclair, NJ for individuals that have retired. The property is adjacent to the new $135M Montclair Redevelopment Project. There is .35+ acre of property with 4 garages, and parking for approximately 16 cars. This is a three-story building above the ground floor level. The first floor has a family room, dining room, living room, kitchen, along with 2 bedrooms, and 3 bathrooms. The ground floor has 5 bedrooms and 4 bathrooms, and the second floor has 8 bedrooms and 4 bathrooms. The third floor has an open family area and 4 bedrooms and 1 bathroom. This property is located in a vibrant redeveloped area of Montclair. It is one block from NYC bus transportation, 3 blocks to the NYC train, and walking distance to a variety of downtown shopping. To repurpose this property to individual family residences, zoning ordinances would permit a minimum of 6 units. Income from the 16 parking spaces and 4 garages is the equivalent of an additional apartment unit. Property Overview: Three (3)floors consisting of 15 bedrooms and 12 bathrooms, and one (1) floor for staffing that has 4 bedrooms, a bath, and a living area. There is service elevator operates from the basement to the 2nd floor. Alternate conversion for a minimum of 6 units in R-3 Garden Group Zone. This listing is for real estate property only, the business would be sold separately.