526 Highland Ave, Montclair, NJ, 07043
About This Home
WELL BOOKED SHORT-TERM RENTAL PROPERTY! Turnkey, fully furnished income-producing Airbnb 4.79 rating & VRBO with a proven 6+ year track record. Cozy Colonial offers 3 bedrooms hosting 6 guests, 1 full and 3 half baths & is ideally located in sought-after Upper Montclair, just 3 blocks to the NYC direct train and minutes to major 2026 "once-in-a-lifetime events including MetLife Stadium FIFA World Cup (15 min), US Open, July 4th/Macy's Fireworks, Sail4th 250 driving strong yr-round & peak demand rates creating meaningful upside in annual revenue. Exceptional opportunity with consistent income, high occupancy, and minimal overhead. The property generates approximately $169,584 in annual gross revenue from Airbnb, VRBO, and private bookings. With approximately 80% occupancy (40+ weeks) and a $587 per day average rate, it delivers a strong Net Operating Income (NOI) of approximately $140,244. Home features modern updates including hardwood floors, wood fireplace, updated kitchen, 3-season Florida room, leading to a gorgeous, private backyard. Direct access to Mills Reservation (157 acre park) offers scenic trails and NYC skyline view. A major guest draw. A rare and valuable addition to any portfolio, this income-generating property offers immediate cash flow in one of New Jersey's most competitive and desirable locations.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding,Wood Siding
Notable Dates
- Major remodel year: 2023
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Carbon Monoxide Detector,Dishwasher,Dryer,Microwave,Range/Oven-Gas,Refrigerator,Gas Water Heater
Basement
- Features: Exercise,FamilyRm,GameRoom,Laundry,PowderRm,Utility
Basement
- Has basement: Yes
- Basement: Yes,Finished,Walk-Out Access,Sump Pump
Bedroom1
- Level: Second
- Area: 238
Bedroom2
- Level: Second
- Area: 156
Bedroom3
- Level: Second
- Area: 117
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 1/2 bathrooms: 3
Dining Room
- Features: Formal Dining Room
- Level: First
- Area: 182
Features
- Walk-In Closet(s),Entrance Foyer
- Door features: Storm Door(s)
- Window features: Thermal Windows/Doors,Drapes,Shades,Window Treatments
- Flooring: Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: 1 Unit,Radiators - Steam,Natural Gas
- Cooling features: Window Unit(s)
Kitchen
- Features: Breakfast Bar,Kitchen Island,Eat-in Kitchen
- Level: First
- Area: 168
Living Room
- Level: First
- Area: 286
Master Bathroom
- Features: Tub Shower
Property
Details
- Parcel number: 1613009010000000140000
Features
- Patio & porch: Open Porch(es)
- Has view: Yes
- View description: Skyline
Lot
- Lot size: 0.50 Acres
- Features: Backs to Park Land
- Lot size dimensions: 91 x 238 IRR
Parking
- Total spaces: 4
- Parking features: 1 Car Width,Detached Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Uncovered spaces: 4
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
- Hurricane
- Heat Wave
- Inland Flooding
- Strong Wind
- Tornado
- 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 | $4,545 | $54,540 |
| Home Insurance * | $163 | $1,956 |
| Property Taxes | $1,573 | $18,876 |
| Electricity | $193 | $2,318 |
| Total | $6,474 | $77,688 |
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 |
|---|---|---|
| 2026-04-22 | Listed for sale | $1,300,000 |
| 2025-09-24 | Listing removed | $850,000 |
| 2025-07-16 | Listed for sale | $850,000 |
| 2025-06-27 | Listing removed | $850,000 |
| 2025-06-18 | Listed for sale | $850,000 |
| 2025-06-18 | Listing removed | $850,000 |
| 2025-04-22 | Listed for sale | $850,000 |
| 2024-09-23 | Listing removed | $800,000 |
| 2024-09-05 | Listed for sale | $800,000 |
| 2017-08-04 | Sold | $650,000 |
| 2017-05-16 | Listed for sale | $597,000 |
| 2016-12-20 | Sold | $400,000 |
View on Zillow