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Residential Income For Sale

70 Elm Street, Montclair, NJ 07042

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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.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26026296
Price:
$899,000
Status:
Active
Office Name:
Prominent Properties Sotheby's International Realty-Montclair
Agent Name:
Laurena
Features
Architectural Style:
2 Family
Laundry Features:
None
Utilities:
Sep Elec, Sep Gas, Sep Heat
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Montclair
Zipcode:
07042
Street:
Elm
Street Number:
70
Street Suffix:
Street
Longitude:
W75° 47' 1.7''
Latitude:
N40° 48' 23.5''
Additional Information
Virtual Tour:
https://www.70elmstreet.com/u/enqdazla
On Market Date:
2026-07-15
Financial
Tax Annual Amount:
12045
Listing Information
Co List Agent Mls Id:
489869
List Agent Mls Id:
8736
List Office Mls Id:
48002
Mls Status:
Active
Modification Timestamp:
2026-07-26T20:28:06Z
Originating System Name:
njmls
Status Change Timestamp:
2026-07-15
Residential Income For Sale
Listing ID:
26026296
$899,000
Agent info
Contact Agent

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