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31661098
31661099

526 HIGHLAND AVE, UPPER MONTCLAIR, NJ 07043-1204

LW
NJ 1432635
Larry Weiss
Listed by Larry Weiss
$1,300,000
55 days on market
Updated 55 days ago

526 HIGHLAND AVE UPPER MONTCLAIR NJ 07043-1204

Details
APN 0713_901_14
Property Type Retail, Hospitality
Sub Type Hotel, Airbnb
Square Footage 2,021
Units 1
Cap Rate 10.79%
NOI $140,244
Lease Type Gross
Year Built 1924
Stories 2
Acreage 0.500
Zoning R1
Parking Spaces 5 spaces
Parking Per SqFt 2.47
Investment Type Value Add
Ground Lease No

Montclair Turnkey AirBnB

Marketing description

Major Investment Highlights:

    • Proven 6+ year Airbnb/VRBO track record
    • Consistent 80%+ occupancy rate
    • Strong NOI of ~$140K annually
    • Additional income from private events & film rentals
    • Low annual operating expenses (~$29K)
    • Significant tax advantages for short-term rental ownership

2026 Peak Demand Calendar Advantage:

Positioned to capitalize on major upcoming events, including the FIFA World Cup (June 11 – July 19) at MetLife Stadium just 15 minutes away, along with July 4th celebrations and the US Open. These high-demand periods drive premium rental rates and near-full occupancy, significantly boosting revenue potential.

An added bonus for new owners: eligibility for Airbnb’s $750 new host incentive (entire-home listing).

This is more than just a home—it’s a fully stabilized, income-generating asset in one of New Jersey’s most sought-after rental markets. Perfect for investors seeking immediate cash flow with future upside tied to global events and continued demand growth.

2026 Peak Demand Calendar

June 11 – July 19 FIFA World Cup Peak tournament window. Expect high demand for the 8 match dates at MetLife.

July 3 – July 9 Sail4th 250 / July 4th & Macy’s Fireworks Huge influx of domestic and international tourists for the 250th birthday.

Aug 23 – Aug 29 US Open Fan Week “Early bird” tennis fans and families; high demand for larger homes.

Aug 30 – Sept 13 US Open Main Draw Two weeks of consistent high occupancy. Finals weekend (Sept 12–13) is the peak.

Investment highlights

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, and 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 $169K in annual gross revenue from Airbnb, VRBO, and private bookings. Approximate 80% occupancy (40+ weeks) and a $587/day average rate, it delivers a strong Net Operating Income (NOI) of ~$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 views—a major guest draw.

Ideal for investors seeking immediate cash flow and long-term upside in NJ’s most desirable location.

This income-generating property is a rare and valuable find in one of New Jersey's most desirable rental markets

Listing Contacts

LW
NJ 1432635
Larry Weiss
Listed by Larry Weiss

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,244.00
$11,687.00/mo

Valuation Metrics

0
DSCR
10.79%
Cap Rate
10.79%
ROI

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Additional Information

Name
Jeffery KIST
License
1327494
Brokerage
Exp
Title
Broker of Record
Brokerage Address
23 Valley Road Montclair
Name
Larry Weiss
License
1432635
Brokerage
Exp Realty
Brokerage Phone
866-201-6210
Brokerage Address
28 Valley Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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