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.

Property Features