167 Harrison Ave, Montclair, NJ, 07042
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
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,031 | $60,372 |
| Home Insurance * | $239 | $2,868 |
| Property Taxes | $1,741 | $20,892 |
| Electricity | $202 | $2,424 |
| Total | $7,213 | $86,556 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-05 | Listed for sale | $1,049,000 |
| 2025-10-21 | Listing removed | $1,050,000 |
| 2025-09-13 | Pending sale | $1,050,000 |
| 2025-06-25 | Price change | $1,050,000 |
| 2025-04-29 | Price change | $1,199,000 |
| 2025-04-10 | Listed for sale | $1,299,000 |
| 2023-07-13 | Sold | $465,000 |
| 2015-04-17 | Listing removed | $1,600 |
| 2015-03-20 | Listed for rent | $1,600 |
For Sale by Agent
View on Zillow