526 Highland Ave

Montclair Twp, NJ 07043


 

Price: $1,300,000

GSMLS:  4021929
Type: Single Family
Style: Colonial
Beds: 3
Baths: 1 Full & 3 Half
Garage: 1-Car
Year Built: 1924
Acres: 0.50
Property Tax: $21,226
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.
Rooms Sizes
Kitchen:
12x14 First
Dining Room:
14x13 First
Living Room:
13x22 First
Family Room:
n/a
Den:
n/a
Bedroom 1:
14x17 Second
Bedroom 2:
13x12 Second
Bedroom 3:
13x9 Second
Bedroom 4:
n/a
Room Levels
Basement:
Exercise,FamilyRm,GameRoom,Laundry,PowderRm,Utility
Ground:
n/a
Level 1:
Dining Room, Florida/3Season, Foyer, Kitchen, Porch, Powder Room
Level 2:
3 Bedrooms, Bath Main, Bath(s) Other
Level 3:
Attic,Walkout
Level Other:
n/a
Room Features
Kitchen:
Breakfast Bar, Center Island, Eat-In Kitchen
Dining Room:
Formal Dining Room
Master Bedroom:
Full Bath, Walk-In Closet
Bath:
Tub Shower
Interior Features
Square Foot:
n/a
Year Renovated:
2023
Basement:
Yes - Finished, Walkout
Full Baths:
1
Half Baths:
3
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump
Flooring:
Tile, Wood
Fireplaces:
1
Fireplace:
Living Room, Wood Burning
Interior:
Drapes, Shades, Walk-In Closet, Window Treatments
Exterior Features
Garage Space:
1-Car
Garage:
Detached Garage
Driveway:
1 Car Width
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding, Wood
Swimming Pool:
No
Pool:
n/a
Utilities
Heating System:
1 Unit, Radiators - Steam
Heating Source:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Services:
Cable TV, Fiber Optic
Lot Features
Acres:
0.50
Lot Dimensions:
91X238 IRR
Lot Features:
Backs to Park Land, Skyline View
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Montclair Twp.
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$1,300,000
Tax Amount:
$21,226
Land Assessment:
$398,500
Build. Assessment:
$205,200
Total Assessment:
$603,700
Tax Rate:
3.52
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4021929
List Date:
04-20-2026
Days On Market:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Laurence Weiss
 

Request More Information

Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox