$1,199,900

55 Elm St, Montclair Twp., NJ 07042

  • 7 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2019
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Beautifully reimagined and thoughtfully updated, this exceptional two-family home in the heart of Montclair offers the perfect blend of modern living and high investment potential. The property features two spacious units across three levels. The first unit includes 2 bedrooms, 1 full bath, an open kitchen and dining area, a bright living space, and in-unit laundry hookups ideal for consistent rental income. The second unit spans two floors and offers 5 bedrooms and 3.5 bathrooms, highlighted by a luxurious primary suite with a freestanding tub, walk-in rainfall shower with body sprays, flexible living areas, dedicated laundry, and zoned HVAC. A full renovation completed in 2018"2019 brought extensive upgrades: enhanced insulation, measures to reduce sound transfer between units, 300-amp electrical service, updated plumbing, HVAC, Andersen windows, and a composite two-story deck. Exterior improvements include full perimeter waterproofing, sump system, R5 insulation, new siding, and a new LVL beam. Additional highlights include a walkout basement, Cat6 wiring in every room, and structured media panels for modern connectivity. Just a 5-minute walk to the train and approximately 40 minutes to NYC Penn Station, this turnkey property is perfectly positioned for investors, with easy access to parks, schools, transit, and vibrant downtown Montclair.

Listing Status:
Active
Date Added:
June 23, 2025 at 12:00AM
Listing Office:
EXP REALTY, LLC : 866-201-6210
MLS ID:
3970817
  • Basement: UnfinishedWalkout
  • A/C: 2 Units
  • Heating: 2 UnitsForced Hot AirGas-Natural

This listing courtesy of EXP REALTY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charles H. Bullock School

55 Washington St, Montclair, NJ, 07042

Grades KG-5

0.10 miles away

G

Glenfield Middle School

25 Maple Ave, Montclair, NJ, 07042

Grades 6-8

0.25 miles away

M

Montclair High School

100 Chestnut St, Montclair, NJ, 07042

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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