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Lisa Turek

lturek@njlre.com +1(917) 825-6470

$ 1,300,000

Est. payment | -/mo

3 Beds

2.5 Baths

0.5 Acres Lot

Save

$ 1,300,000

Est. payment | -/mo

Save

3 Beds

2.5 Baths

0.5 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 4021929

Style Colonial

Bedrooms 3

Full Baths 1

Half Baths 3

HOA Y/N No

Year Built 1924

Annual Tax Amount $21,226

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Single Family

Property Description

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.

Location

State NJ

County Essex

Rooms

Basement Finished, Walkout

Master Bathroom Tub Shower

Master Bedroom Full Bath, Walk-In Closet

Dining Room Formal Dining Room

Kitchen Breakfast Bar, Center Island, Eat-In Kitchen

Interior

Interior Features Drapes, Shades, Walk-In Closet, Window Treatments

Heating Gas-Natural

Cooling Window A/C(s)

Flooring Tile, Wood

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding, Wood

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Backs to Park Land, Skyline View

Sewer Public Sewer

Water Public Water

Architectural Style Colonial

Others

Senior Community No

Ownership Fee Simple

Listed by EXP REALTY, LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 825-6470

lturek@njlre.com

830 Morris Turnpike Suite 487 Short Hills NJ 07078

526 Highland Ave Montclair Twp., NJ 07043

Lisa Turek

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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526 Highland Ave