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Under contract
    • $899,000

    70 Elm St, Montclair Twp., NJ 07042

    5beds
    2,159sqft
    : 
    $6,385/mo
    Get pre-qualified
    Multi Family
    Built in 1885
    -- sqft lot
    $-- Zestimate®
    $416/sqft
    $-- HOA

    What's special

    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.
    39 days
    |
    1,809
    |
    96
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurena White 973-985-8637,

    Prominent Properties Sir

    Source: GSMLS,MLS#: 4040945MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2.2
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Heating
      • 2 Units, Baseboard - Hotwater, Natural Gas
      Cooling
      • Ceiling Fan(s), Window Unit(s)
      Appliances
      • Included: Dishwasher, Range/Oven - Gas, Refrigerator, Washer/Dryer Stacked, Dryer, Washer, Gas Water Heater
      • Laundry: Laundry Room
      Features
      • Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen, Storage, Ceiling Fan(s)
      • Flooring: Carpet, Vinyl-Linoleum Floors, Wood
      • Doors: Storm Door(s)
      • Windows: Thermal Windows/Doors, Skylight(s), Stain Glass Windows
      • Basement: Yes,Bilco-Style Door,Full,Unfinished
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 2,159
      • Total interior livable area: 2,159 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: 2 Car Width, Asphalt, Off Street, None
      • Uncovered spaces: 5
      Features
      • Levels: 3-Three Story
      • Stories: 3
      • Patio & porch: Deck, Open Porch(es), Porch
      • Exterior features: Curbs, Sidewalk
      • Fencing: Metal Fence
      Lot
      • Size: 0.28 Acres
      • Dimensions: 75 x 161
      • Features: Level, Open Lot
      Details
      • Parcel number: 1613030010000000070000
      • Zoning description: R-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Clapboard
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1885

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
      Location
      • Region: Montclair

      Financial & listing details

      • Price per square foot: $416/sqft
      • Tax assessed value: $342,600
      • Annual tax amount: $12,045
      • Date on market: 7/24/2026
      • Exclusions: Tenant's processions
      • Total actual rent: 5455
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,407/mo

        Price history

        DateEventPrice
        8/10/2026Pending sale$899,000$416/sqft
        Source: GSMLS #4040945 Report a problem
        7/15/2026Listed for sale$899,000$416/sqft
        Source: NJMLS #26026296 Report a problem
        8/31/2020Listing removed$2,500$1/sqft
        Source: Keller Williams Suburban Realty #3657619 Report a problem
        8/20/2020Listed for rent$2,500$1/sqft
        Source: Keller Williams Suburban Realty #3657619 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,046 +3.3%$342,600
        2024$11,659 +3.5%$342,600
        2023$11,265 +1.8%$342,600
        2022$11,069 +1.6%$342,600
        2021$10,891 +1%$342,600
        2020$10,778 +43.5%$342,600
        2019$7,509 $342,600
        2018$7,509 -12.7%$342,600 +44.8%
        2017$8,598 +3.1%$236,600
        2016$8,343 +3.5%$236,600
        2015$8,063 +3.2%$236,600
        2014$7,810 -23.9%$236,600
        2012$10,262 +1.7%$236,600 -41%
        2011$10,094 +5.5%$400,700
        2010$9,565 +3.7%$400,700
        2009$9,220 +7%$400,700
        2008$8,615 -13.3%$400,700
        2007$9,932 $400,700 +116.2%
        2006-- $185,300
        2005-- $185,300
        2004$9,098 $185,300
        2003-- $185,300
        2002-- $185,300
        2001-- $185,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 07042

        Getting around

        86 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Magnet
        • Middle: Glenfield
        • High: Montclair

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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