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$995,000

Est. payment - /mo

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3 Beds

2.5 Baths

1,833 SqFt

Price Dropped by $54K

167 Harrison Ave Montclair Twp., NJ 07042

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Youssef Genid

info@roglegend.com +1(973) 772-0660

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,833 sqft

Price per Sqft $542

MLS Listing ID 4012857

Style 3-Three Story

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1885

Annual Tax Amount $11,444

Tax Year 2025

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.

Location

State NJ

County Essex

Zoning R2

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, See Remarks, Smoke Detector, Wood Floors

Heating Electric

Cooling 3 Units, Ductless Split AC

Heat Source Electric

Exterior

Exterior Feature Brick, Vinyl Siding

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Corner

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Listed by KELLER WILLIAMS CITY LIFE REALTY

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Youssef Genid

Broker | License ID: 9701533

+1(973) 772-0660

167 Harrison Ave Montclair Twp., NJ 07042

Youssef Genid

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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167 Harrison Ave