167 Harrison Ave, Montclair Twp., NJ 07042

$995,000
3
BD
2.1
BA

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List Price
$995,000
Price Change
▼ $54,000 1781656903
MLS#
4012857
Dom
109
Year Built
1885
Status
ACTIVE
County
Essex
City
Montclair Twp.
Bedrooms
3
Bathrooms
2.1
Baths Full
2
Baths Half
1

Property Description

This exceptional mixed-use investment is located in the heart of Montclair and offers modern renovations, reliable income, and strong long-term rental potential. This corner property combines street level retail with two beautifully updated residential units (renovated 2025!) above, all in a highly desirable location.The ground floor features an income-producing retail space with less than five years remaining on its lease and strong upside potential, ensuring steady cash flow from day one and built in future rent growth. Above are two fully renovated apartments, each featuring hardwood floors, oversized windows, stackable washer/dryers, private decks, and dedicated parking.The second-floor apartment offers 2 bedrooms and 1 bath across almost 1,000 sq ft, with an open layout and a sun-drenched, modern kitchen. The third-floor 1 bedroom 1-bath unit spans close to 900 sq ft and includes an oversized kitchen and updated bath. Both units are stylish and offer modern amenities such as contemporary kitchens and baths, private outdoor spaces, and split ac/heating systems.With a quality tenants in place and low maintenance turn key spaces, this property presents an ideal opportunity for investors seeking stability, appreciation, and immediate income in one of Montclair's most sought-after locations.

Additional Information

Taxes
$11,444
Cooling
3 Units, Ductless Split AC
Exterior
Brick, Vinyl Siding
Heating
3 Units, See Remarks
Interior
Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, See Remarks, Smoke Detector, Wood Floors
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Corner
Exterior Features
Open Porch(es), Wood Fence

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Listing Courtesy Of KELLER WILLIAMS CITY LIFE REALTY, Contact: 201-659-8600

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