Restoration Hardcore

Claremont_1 It’s been described as one of the "Fathers of Montclair", but if a deal on the table goes through, this 5,000 square foot, center hall Dutch Colonial perched on the corner of Claremont and Upper Mountain Aves, will be fathering its own set of "children," namely five attached townhomes. Here’s the kicker: on the market for $899,000, it’s situated on .43 acre, with taxes of just $10,557.

Uppermtnopen_3According to listing agent Jim Walters, the property — used by its current owner as both a three family, and more recently, as a single family — is located in an R3 zone. The potential buyer, an investor/developer (no name disclosed, but one of the usual suspects) is looking to develop the property into five attached luxury units of about 1,800 square feet each, (with individual entrances) utilizing the existing structure.  If you’ve driven past, seen the exterior work and wondered about the inside, check out the interior shots (below), restored "to period and mostly complete" (hence the appearance of the double rotunda balcony, right). And if you’re interested, call Jim ASAP.


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