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Rare Property in Heart of Town

Residential Real Estate for Sale

Updated on Jun 4, 2020

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Rare Property in Center Montclair - Two Family House, Art Studios, Parking - Short Walk to Walnut St. Train Station

Includes Huge Finished Workshops

Perfect for Art & Music Studios, Yoga Studio, Home Offices, Cottage Industry or Hobby Use


69 North Fullerton Ave.
Montclair, NJ
07042



Charming 1870s Victorian farmhouse - Keep as two-family or convert back to single family, as originally designed.

Or, keep as a two-family but double its size.

Zoned for two-family use, this could be done without a variance. The duplex can also be converted to two condominiums and sold separately.

The owner believes that the lot is large enough to accommodate doubling of the size of the two-family without special approval. The two units would be reconfigured as a much larger duplex, which can be rented, or sold as two seperate condos.

The house was restored in the 1990s and is situated on an over-sized lot of more than .3 acres.

The style of the house is simple and rustic, however it was completely restored over the past several years, including custom storm windows, blown-in insulation, oil-finished fir floors, original clapboard, recent electric and plumbing infrastructure, boiler, oil tank, and roof.

The main advantage is the parking / work space behind the house. The location is adjacent to a number of large apartment buildings that have little or no parking for their tenants.

This property would be a very attractive opportunity for a contractor who needs space to store vehicles, scaffolding and other equipment, and/or an entrepreneur who needs work/live space for woodworking, graphic arts, web design, music studio, etc.

Included are two accessory buildings of finished studio space measuring almost 1400 square feet. Both have separate electric service, recent drywall and are fully insulated. The larger building features five skylights, a Vermont Castings wood stove, track lighting and ceilings which measure twelve feet in height at the peak.

Usage of studios is ancillary to house. They are perfect for art studios, home offices, woodworking or hobby, and may be built on to for additional space. There is plenty of room for expansion!

Great space for: visual arts, music, dance, design, fashion, photography, video, architecture, computer office, contracting, workshop, shared space for startups, renting guest rooms, bed and breakfast, BNB, Airbnb, etc.

Although not designated as an historic property, it is the owner's hope that the restored exterior visible from the street will be preserved.


- Legal two-family
- Can be sold as one property, or two separate condominiums
- Two detached workshop buildings in rear, fully insulated, separate utilities
- Over-sized building lot, room for expansion to house and studios
- Huge parking area - fits 15+ vehicles
- Great central location, walking distance to Bloomfield Ave, Church Street and Montclair center
- Walking distance to DeCamp Bus on Park Street, and Walnut Street Train Station.



Represented by:

Drew Knapp, Owner

973-783-3226 - direct tel.

drew(at)agreatertown(dot)com - email

Owner is licensed real estate agent in New Jersey - not currently active.

Buyer Agents welcome, 2.5% commission.




Survey illustrating oversized lot with house and two art studios:
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Interior, Studio
*

ESSEX COUNTY FULL TAX REPORT


TOWNSHIP: MONTCLAIR
PROPERTY MAILING ADDRESS: 69 N FULLERTON AVE, MONTCLAIR, NJ 07042
OWNER NAME: KNAPP, ANDREW W.
OWNER'S ADDRESS: 69 N FULLERTON AVE, MONTCLAIR, NJ 07042
BUILDING DESCRIPTION: 2SF11GF 2 FAM
BLOCK/BLOCK SUFFIX: 3202/0000
LOT/LOT SUFFIX: 00002/0000
ACRES: .3037
LOTSIZE: 54X245
YEAR BUILT: 1887
TAX PARCEL ID: 1613-03202-0000-00002-0000-


TAX INFORMATION
TAX YEAR: 2008
TOTAL TAX: $11,059
TAX ZONE: R2
DEED BOOK: 5188
TAX SPECIAL ZONE:
DEED PAGE: 11

PROPERTY CLASS: 2
LAND ASSESSMENT: $272,900
TAX RATE: 2.301
IMPROVEMENT ASSESSMENT: $241,500
TOTAL TAXABLE ASSESSMENT: $514,400
TAX RATIO: 102.52
CALCULATED TAX AMOUNT: $11836.34


Information is deemed RELIABLE but not GUARANTEED.
All room sizes, lot measurements and tax information are approximate and must be verified independently.



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UPDATE:
2018 Total Assessed Value: $382,900
2018 Estimated Annual Taxes: $11,663.13

1st Floor Study
Living Room, 1st Floor
Bedroom, 1st Floor
1st Floor Kitchen



Seller purchased the property in 1991 and acted as GC in its restoration, overseeing several subcontractors in:

- architectural planning
- removal of composite siding
- clapboard siding restoration
- installation of new wooden storm windows
- re-roofing
- removal of underground oil tank
- installation of new above-ground oil tank
- installation of new boiler
- new electrical service to 5 panels, extensive rewiring
- 220 service in basement
- new plumbing infrastructure
- kept antique fixtures
- new concrete bathroom floors using period-styled tiles
- enclosing of rear porch, shored-up structure, insulation, sheetrock, wall of windows, new rear exit stairs with pressure-treated structure
- copper re-lining of Yankee gutters
- new kitchen installations with custom cabinets
- scraping and oiling original wood floors
- removal, cleaning, painting and reattachment of original steam radiators
- blown-in insulation in walls and floors
- batt insulation, sheetrock in attic and art studios
- skylights
- wood burning stove & chimney in studio
- working fireplace mantel reconstruction
- reconfiguration of room layout to facilitate changing back to single-family
- reinforcing studio roof & ceiling


Rare Property in Central Montclair
69 North Fullerton Avenue Montclair, NJ 07042 - Get directions - View larger map

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