70 Elm St, Montclair, NJ 07042
Local realty services provided by:ERA Queen City Realty
70 Elm St,Montclair Twp., NJ 07042
$899,000
- 5 Beds
- 2 Baths
- 2,159 sq. ft.
- Multi-family
- Pending
Listed by: laurena white
Office: prominent properties sir973-783-6900
MLS#:4040945
Source:NJ_GSMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$416.4
About this home
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. Chimney flue and fireplace "as is?. The underground oil tank has been removed before coming on the market....
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Home facts
- Year built:1885
- Listing ID #:4040945
- Added:50 day(s) ago
- Updated:September 04, 2026 at 08:52 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Half bathrooms:2
- Rooms Total:10
- Basement Description:Basement, Bilco-Style Door, Full, Unfinished
- Living area:2,159 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan, Wall A/C Unit(s)
- Heating:2 Units, Baseboard - Hotwater
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1885
- Building area:2,159 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Level Lot, Open Lot
- Architectural Style:3-Three Story, Under/Over
- Construction Materials:Clapboard
- Exterior Features:Curbs, Deck, Metal Fence, Open Porch, Sidewalk, Storm Door(s), Thermal Windows/Doors
Schools
- High school:MONTCLAIR
- Middle school:GLENFIELD
- Elementary school:MAGNET
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$416.4
- Tax amount:$12,045 (2025)
Features and amenities
- Amenities:All Utilities Underground, Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Skylight, Smoke Detector, Stain Glass Windows, Vinyl-Linoleum Floors, Wood Floors
Parking
- Parking description:2 Car Width, Blacktop Driveway, Off-Street Parking
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