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.
Active
Price cut: $54K (6/16)
$995,000
167 Harrison Ave, Montclair Twp., NJ 07042
3beds
1,833sqft
Multi Family
Built in 1885
-- sqft lot
$-- Zestimate®
$543/sqft
$-- HOA
What's special
Corner propertyHardwood floorsOversized kitchenModern amenitiesOversized windowsPrivate decksPrivate outdoor spaces
- 121 days |
- 1,057 |
- 60 |
Zillow last checked:
Listing updated:
Listed by:
Frank Darden Moorefield 201-659-8600,
Keller Williams City Life Realty
Source: GSMLS,MLS#: 4012857
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2.1
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- 3 Units, See Remarks, Electric
Cooling
- 3 Units, Ductless Split AC
Appliances
- Included: See Remarks, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Stackable Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- See Remarks, Bedrooms, Dining Room, Kitchen, Living Room, Eat-In Kitchen
- Flooring: Wood
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,833
- Total interior livable area: 1,833 sqft
Property
Parking
- Total spaces: 3
- Parking features: Parking Lot-Exclusive
- Uncovered spaces: 3
Features
- Levels: 3-Three Story
- Stories: 3
- Patio & porch: Open Porch(es), Porch
- Fencing: Wood
Lot
- Size: 2,370 Square Feet
- Dimensions: 30 x 79 IRR
- Features: Corner Lot
Details
- Parcel number: 1613019070000000050000
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1885
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector, Smoke Detector, Fire Alarm Sys, Fire Extinguisher
Location
- Region: Montclair
Financial & listing details
- Price per square foot: $543/sqft
- Tax assessed value: $399,900
- Annual tax amount: $11,444
- Date on market: 3/5/2026
- Exclusions: Personal property
- Total actual rent: 6800
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $995,000-5.1%$543/sqft |
Source:  GSMLS #4012857 Report a problem | ||
| 3/5/2026 | Listed for sale | $1,049,000-0.1%$572/sqft |
Source: GSMLS #4012857 Report a problem | ||
| 10/21/2025 | Listing removed | $1,050,000$573/sqft |
Source: GSMLS #3954836 Report a problem | ||
| 9/13/2025 | Pending sale | $1,050,000$573/sqft |
Source: GSMLS #3954836 Report a problem | ||
| 6/25/2025 | Price change | $1,050,000-12.4%$573/sqft |
Source: GSMLS #3954836 Report a problem | ||
| 4/29/2025 | Price change | $1,199,000-7.7%$654/sqft |
Source: GSMLS #3954836 Report a problem | ||
| 4/10/2025 | Listed for sale | $1,299,000+179.4%$709/sqft |
Source: GSMLS #3954836 Report a problem | ||
| 7/13/2023 | Sold | $465,000$254/sqft |
Source: Agent Provided Report a problem | ||
| 4/17/2015 | Listing removed | $1,600$1/sqft |
Source: Prominent Properties Sotheby's International Realty #1501991 Report a problem | ||
| 3/20/2015 | Listed for rent | $1,600$1/sqft |
Source: Prominent Properties Sotheby's International Realty #1501991 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 07042
Nearby schools
GreatSchools rating
- NANishuane Elementary SchoolGrades: PK-2Distance: 0.2 mi
- 7/10Glenfield Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Montclair High SchoolGrades: 9-12Distance: 1.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Montclair
- 07042
- 167 Harrison Ave
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