Montclair, NJ 07042,55 Elm ST
Montclair, NJ 07042,55 Elm ST
Montclair, NJ 07042,55 Elm ST
Montclair, NJ 07042,55 Elm ST
Montclair, NJ 07042,55 Elm ST
Montclair, NJ 07042,55 Elm ST
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Listed by Matthew Gevirtz EXP Realty, LLC
$ 1,199,900
Est. payment | /mo

5 Baths


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

5 Baths

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 25021693

Style 2 Family

Full Baths 4

Half Baths 1

Property Sub-Type 2 Family

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.

Location

State NJ

County Essex

Interior

Laundry In Unit

Exterior

Garage Spaces 3.0

New Jersey MLS (NJMLS)
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549 Millburn Ave, Short Hills, NJ, 07078-3330, USA

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55 Elm ST