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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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167 Harrison Ave , Montclair Twp., NJ 07042
$995,000
Est. Payment: $5,063.76/mo
3 Bed
2.5 Bath
0 Sqft
Status: active | Days on site: 109
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House 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.

Highlights

Listed by FRANK DARDEN MOOREFIELD , MP KELLER WILLIAMS CITY LIFE REALTY , 201-659-8600. Garden State MLS

Property Type

Multi-Family

Year Built

1885

County

Essex

Listing ID

4012857

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Air Cond:3 Units,Ductless Split AC
Fireplaces:
Basement:Unfinished
Other:Carbon Monoxide Detector,Fire Alarm Sys,Fire Extinguisher,See Remarks,Smoke Detector,Wood Floors
Other:Public Water

Exterior Features

Lot:Corner
Lot Dimensions:30X79 IRR
Zoning:R2
Roof:Asphalt Shingle
Others:Open Porch(es),Wood Fence,Brick,Vinyl Siding,Parking Lot-Exclusive
Sewer:Public Sewer
Principal Interest
$5,064
Taxes
$954

Home Price

$995,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,063.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,063.76 $953.67 $0.00 $6,017.43
Yearly $60,765.14 $11,444.00 $0.00 $72,209.14
Total $1,822,954.18 $343,320.00 $0.00 $2,166,274.18

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Montclair Twp., NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS