$1,255,000
SOLD AUG 26, 2025

55 Elm St Montclair, NJ 07042

7 Beds
4.5 Baths
2,515 Sq Ft
6,300 Sq Ft Lot

Recently Sold

$499 Per Sq Ft

5% Above List Price

19 Days on Market

About This Home

As of August 2025

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 hookupsa€”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 2018a€“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.

Last Agent to Sell the Property

Matthew Gevirtz

EXP Realty, LLC Listed on: 06/20/2025

EXP Realty, LLC

Last Buyer's Agent

NASSRIN NAJJAR

Prominent Properties Sotheby's International Realty-Jersey City

Prominent Properties Sotheby's International Realty-Jersey City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,562

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • Laundry in unit
  • 6,300 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 19 / 3112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,562

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: Route 280 to Bloomfield Ave to a right on Elm Street or Garden State Parkway to Bloomfield to a left on Elm Street
  • Architectural Style: 2 Family
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 6300.0

Tax Info

  • Tax Annual Amount: 10562.0
  • Tax Block: 3112
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Aug 21, 2025
Sold by
Estrella Anthony and Estrella Elaine
Bought by
Jaafar Ali and Deortentiis Christina
Seller's Agent
Matthew Gevirtz
EXP Realty, LLC
Buyer's Agent
NASSRIN NAJJAR
Prominent Properties Sotheby's International Realty-Jersey City
List Price
$1,199,900
Sold Price
$1,255,000
Premium/Discount to List
$55,100
4.59%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-48.53%
Original Mortgage
$1,004,000
Outstanding Balance
$1,003,134
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$186,928

Purchase Details

Listed on
Mar 9, 2017
Closed on
Aug 1, 2017
Sold by
Powell Gerardine
Bought by
Estrella Anthony
Seller's Agent
Rania Naporlee
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
ALBERTO WELLS
AMERICA'S ELITE GROUP LLC.
List Price
$399,000
Sold Price
$460,000
Premium/Discount to List
$61,000
15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Original Mortgage
$444,647
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,255,000 Fidelity National Title
Bargain Sale Deed $460,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,004,000 New Conventional
Previous Owner $444,647 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Sold $1,255,000 +4.6% $499 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $1,199,900 +160.8% $477 / Sq Ft
08/03/2017 08/03/17 Sold $460,000 +15.3% $183 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $399,000 -- $159 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,492 $310,400 $61,500 $248,900
2024 $10,492 $310,400 $61,500 $248,900
2022 $20,162 $620,800 $122,900 $497,900
2021 $19,808 $620,800 $122,900 $497,900
2020 $19,735 $620,800 $122,900 $497,900
2019 $13,506 $429,300 $122,900 $306,400
2018 $13,283 $429,300 $122,900 $306,400
2017 $12,270 $335,300 $86,900 $248,400
2016 $11,935 $335,300 $86,900 $248,400
2015 $11,573 $335,300 $86,900 $248,400
2014 $11,177 $335,300 $86,900 $248,400
Source: Public Records

Agents Affiliated with this Home

  • Matthew Gevirtz

    Seller's Agent in 2025

    Matthew Gevirtz

    EXP Realty, LLC

    (201) 637-6182

    1 in this area

    142 Total Sales

    Matthew Gevirtz
    Section Image
  • NASSRIN NAJJAR

    Buyer's Agent in 2025

    NASSRIN NAJJAR

    Prominent Properties Sotheby's International Realty-Jersey City

    (201) 539-6777

    1 in this area

    37 Total Sales

    NASSRIN NAJJAR
    Section Image
  • Rania Naporlee

    Seller's Agent in 2017

    Rania Naporlee

    KELLER WILLIAMS PROSPERITY REALTY

    (973) 343-9565

    1 in this area

    106 Total Sales

    Rania Naporlee
    Section Image

  • A

    Buyer's Agent in 2017

    ALBERTO WELLS

    AMERICA'S ELITE GROUP LLC.

See All Agents

Map

Source: New Jersey MLS

MLS Number: 25021693

New Jersey MLS

APN: 13-03112-0000-00019

New Jersey Essex County Montclair 07042

55 Elm St, Montclair, NJ

This home is located at 55 Elm St, Montclair, NJ 07042 and is currently priced at $1,255,000, approximately $499 per square foot. 55 Elm St is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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