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167 Harrison Ave, Montclair, NJ, 07042

3beds
2.1baths
1,833sqft
$1,049,000
$572price/sqft
$7,593/moest. monthly cost
$303,720/yrincome needed

About This Home

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.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

--
6/10
Glenfield Middle SchoolGrades 6-80.9 mi
6/10
Montclair High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1885

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Brick,Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: See Remarks,Dishwasher,Kitchen Exhaust Fan,Microwave Oven,Range/Oven - Gas,Refrigerator,Stackable Washer/Dryer,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2.1
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • See Remarks,Bedrooms,Dining Room,Kitchen,Living Room,Eat-In Kitchen
  • Flooring: Wood

Heating & Cooling

  • Heating features: 3 Units,See Remarks,Electric
  • Cooling features: 3 Units,Ductless Split AC

Interior Area

  • Total structure area: 1,833
  • Total interior livable area: 1,833 sqft

Property

Details

  • Parcel number: 1613019070000000050000
  • Zoning description: R2
  • Exclusions: Personal property

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Patio & porch: Open Porch(es),Porch
  • Fencing: Wood

Lot

  • Lot size: 2,370 sqft
  • Features: Corner Lot
  • Lot size dimensions: 30 x 79 IRR

Parking

  • Total spaces: 3
  • Parking features: Parking Lot-Exclusive
  • Uncovered spaces: 3