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$1,049,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • Updated 4 days ago
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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.

Full Property Details for 167 Harrison Ave

General

  • Price: $1,049,000
  • Taxes: $11,444 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4012857
  • Updated: 3/5/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 13
  • Interior Features: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, See Remarks, Smoke Detector, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Open Porch(es), Wood Fence
  • Color: Light Blue

Location

  • County: Essex
  • Driving Directions: On Harrison ave between Charles & Cedar close to Nishuane Park

Heating & Cooling

  • Cooling Type: 3 Units, Ductless Split AC
  • Heating Type: 3 Units, See Remarks
  • Heating Fuel: Electric
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1885
  • Remodeled/Updated: 2025

Unit Information

Unit 1

  • Unit Description: See Remarks
  • Levels/Stories: 1
  • Total Bathrooms: 1

Unit 2

  • Unit Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Porch
  • Square Feet: 966
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Porch
  • Square Feet: 867
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Dimensions: 30 x 79 IRR
  • Driveway/Sidewalk: Parking Lot-Exclusive
  • Zoning: R2
  • Lot Description: Corner

Financial Considerations

  • Expenses: Cold Water, Insurance, Taxes
  • Operating Expenses: $18,618
  • Assessment Amount: $319,600
  • Land Assmt: $80,300
  • Tax Amount: $11,444
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Personal property
  • Block: 1907
  • Lot Number: 5

Listed by Keller Williams City Life Realty

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Listing agent

— 167 Harrison Ave —

  • Keller Williams City Life Realty

201-659-8600

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 167 Harrison Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$1,049,000
125.59%
MLS
4/11/2023
Sold
$465,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 167 Harrison Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,077
-20%
$325,500
—
2023
$13,878
3%
$325,500
-21%
2022
$13,501
2%
$410,600
—
2021
$13,266
2%
$410,600
—
2020
$13,053
3%
$410,600
—
2018
$12,704
-4%
$410,600
16%
2017
$13,203
3%
$353,600
—
2016
$12,850
-1%
$353,600
-14%
2019
$12,917
4%
$410,600
16%
2015
$12,468
7%
$353,600
—
2013
$11,672
—
$353,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams City Life Realty

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167 Harrison Ave, Montclair, NJ 07042 (MLS# 4012857) is a Multi-Family property with 3 units containing 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 167 Harrison Ave is currently listed for $1,049,000 and was received on March 05, 2026. Want to learn more about 167 Harrison Ave? Do you have questions about finding other Multi-Family real estate for sale in Montclair? You can browse all Montclair real estate or contact a Coldwell Banker agent to request more information.

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