Properties

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.

Features

  • Heating System : See Remarks, 3 Units
  • Cooling System : 3 Units, Ductless Split Ac
  • Basement : Unfinished
  • Roof Deck : Asphalt Shingle
  • Parking : 3
  • Parking Description: Parking Lot-Exclusive
  • Interior Features: Carbon Monoxide Detector, Fire Alarm Sys, Fire Ext
  • Exterior Features: Open Porch(es), Wood Fence
  • Lot Description: Corner
  • Tax Assessed Valuation: 399900
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric

Additional Info

  • Office Name: KELLER WILLIAMS CITY LIFE REALTY
  • Office MLS ID: 4682
  • Agent ID: 301996
  • Tax: 11444
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: R2

Multi-Family For Sale

For Sale
$995,000

167 Harrison Ave, Montclair Twp., *

  • SQFT 30 Acre
  • Bedroom 3
  • Built Year 1885

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5415156
  • Price: $995,000
  • Bedrooms: 3
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1885
  • Year Built Description: Renovated
  • Lot Area: 30 Acre
  • Status: Active
  • Days On Market: 179

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Montclair Twp.
  • Zipcode *
  • Street: Harrison Ave
  • Street Number: 167
  • Street Direction: On Harrison ave between Charles & Cedar close
  • Floor Number: 0
  • Longitude: W75° 46' 26.2''
  • Latitude: N40° 47' 57.7''
  • Internet Display Address: No
Property