70 Elm Street Montclair, NJ $ 899,000
70 Elm Street
$ 899,000
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70 Elm Street

Montclair, NJ, 07042
$ 899,000
Bedrooms5 Baths2.2

Monthly Estimate*

$ 5,676

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Multi-Family Home for sale in Montclair, NJ

for $899,000 with 5 bedrooms and 2 full baths, 2 half baths.

Exceptional opportunity to own a legal two-family home in the heart of Montclair! Whether you're looking for a solid investment, an owner-occupied property, or a home with future potential, 70 Elm Street offers outstanding flexibility. One unit features 2 bedrooms, 1 full bath, and 1 half bath, while the second offers 3 bedrooms, 1 full bath, and 1 half bath. Both units include in-unit stackable washer/dryers and have separate utilities. Currently generating over $60,000 in annual net rental income, with both tenants expressing interest in staying, this property offers immediate cash flow for investors. The oversized backyard provides endless possibilities for expansion or the addition of a garage (currently no garage). The home can also be converted into a spacious single-family residence. Additional features include a wide blacktop driveway with ample off-street parking. Conveniently located near public transportation, parks, schools, shopping, and restaurants, this is a rare opportunity to own a versatile property in one of Montclair's most sought-after communities. Whether you're investing today or planning for tomorrow, this property is full of potential.

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Multi-Family Active

Price

$ 899,000

Bedrooms

5

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 12,045

Style

2 Family

Town/City

Montclair

County/Region

Essex

MLS | Web ID

26026296

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 0.0
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 10
Full Baths 2
Status Active - Active
City Montclair
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details Pre 1900 Build Prior to 1978
Tax Annual Amount 12045.0
MLS Area Minor 100
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 2
Laundry Features None
Total Bedrooms 5
Total Baths 4
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* Excluded Features

Affordability Calculator

$6,680
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,676
Monthly Property Taxes
$1,004
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$899,000 Listed Price

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70 Elm Street, Montclair, NJ, 07042 is a Multi-Family Home for sale at $899,000. 70 Elm Street has 5 bedrooms and 2.2 baths. The property's zip code is 07042 which is in Montclair, NJ