55 Elm Street, Montclair, NJ 07042 (MLS # 25021693)
Listed with Matthew Gevirtz | 973-250-9974, EXP Realty, LLC
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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 hookupsâ€"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 2018â€"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.
DAYS ON MARKET | 12 | LAST UPDATED | 6/22/2025 |
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YEAR BUILT | 0 | COMMUNITY | 100 |
GARAGE SPACES | 3.0 | COUNTY | ESSEX |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AREA | 100 |
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GARAGE | Yes |
STYLE | 2 Family |
TAXES | 10562 |
UTILITIES | See Remarks |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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All information deemed reliable but not guaranteed. Last date updated: 7/1/25 4:41 PM PDT Source: New Jersey Multiple Listing, Inc.
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