$899,000

70 Elm St, Montclair Twp., NJ 07042

  • 5 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1885
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

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.

Listing Status:
Active
Date Added:
July 24, 2026
Data Last Updated:
July 29, 2026 at 1:41AM
Listing Office:
PROMINENT PROPERTIES SIR : 973-783-6900
MLS ID:
4040945
  • General: Carbon Monoxide DetectorCarpetingFire ExtinguisherSkylightSmoke DetectorStain Glass WindowsVinyl-Linoleum FloorsWood Floors
  • Basement: Bilco-Style DoorFullUnfinished
  • A/C: Ceiling FanWindow A/C(s)
  • Heating: 2 UnitsBaseboard - HotwaterGas-Natural
  • General: ClapboardCurbsDeckMetal FenceOpen Porch(es)SidewalkStorm Door(s)Thermal Windows/Doors
  • Parking: Parking spaces: 5
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: 2 Car WidthBlacktopOff-Street Parking
  • Zoning: R-21613-03001-0000-00007-0000-
  • Utilities: All Underground
  • Water: Public Water
  • Sewer: Public Sewer
  • Exclusions: Tenant's processions

This listing courtesy of PROMINENT PROPERTIES SIR

Monthly Payment

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

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Location

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