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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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70 Elm St , Montclair, NJ 07042
$899,000
Est. Payment: $4,575.20/mo
5 Bed
4 Bath
0 Sqft
Status: active | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House 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.
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Highlights

Listed by Laurena White , (973) 985-8637 Prominent Properties Sotheby's International Realty-Montclair , 973-783-6900. New Jersey Multiple Listing Service mls logo

Property Type

Multi-Family

County

Essex

Area

Montclair

Listing ID

26026296

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:2
Other:10

Exterior Features

Open House

Upcoming Open Houses
Saturday 2:00 pm - 4:00 pm Jul 25
Sunday 2:00 pm - 4:00 pm Jul 26
Principal Interest
$4,575
Taxes
$1,004

Home Price

$899,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$179,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,575.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,575.20 $1,003.75 $0.00 $5,578.95
Yearly $54,902.37 $12,045.00 $0.00 $66,947.37
Total $1,647,071.17 $361,350.00 $0.00 $2,008,421.17

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Montclair, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

(c) 2026 New Jersey Multiple Listing Service, Inc, All Rights Reserved. Information provided by the New Jersey Multiple Listing Service, and Information Deemed Reliable But Not Guaranteed. The listing content relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NJMLS, Real Estate listings held by brokerage firms other than the brokerage firm of this website are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: 2026-07-21T22:02:17.700Z

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