Montclair Twp., NJ 07042,55 Elm St
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$ 1,199,900
Est. payment | /mo

7 Beds

4.5 Baths


Save
$ 1,199,900
Est. payment | /mo
Save

7 Beds

4.5 Baths

Key Details

Property Type Multi-Family, Commercial

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 3970817

Style 3-Three Story

Bedrooms 7

Full Baths 4

Half Baths 1

Year Built 2019

Annual Tax Amount $10,562

Tax Year 2024

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 or multi-generational living, with easy access to parks, schools, transit, and vibrant downtown Montclair.

Location

State NJ

County Essex

Rooms

Basement Unfinished, Walkout

Interior

Heating Gas-Natural

Cooling 2 Units

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 3.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC
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"Elevating Real Estate Dreams with Heart and Expertise."

+1(862) 251-4915

addisonrealtor@gmail.com

111 Howard Blvd. Suite 202, Arlington, Jersey, 07856, United States

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55 Elm St