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    41 Elmwood Ave, Unit 1 Montclair, NJ 07042

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    For Lease
    $3,595 /Mo

    Renovated 3-bedroom apartment near transportation and downtown Montclair.

    Lot size:
    0.22 Acres

    Property Features for 41 Elmwood Ave

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1923

    Source: KELLER WILLIAMS PROSPERITY REALTY Agent DAVID EDWIN ARTEAGA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Apartment Near Bay Street

    This renovated ground-floor apartment features 3 bedrooms and 2 bathrooms. The property is located minutes from Bloomfield Ave and the Bay Street Station, which provides Midtown Direct service to NYC. The apartment includes a new kitchen equipped with stainless steel appliances, modern cabinetry, and contemporary finishes. The bathrooms have also been renovated and feature modern fixtures. Additional amenities include 2 designated parking spots, an in-unit washer and dryer, and dedicated basement storage. The apartment offers convenient access to downtown Montclair and public transportation, making it suitable for commuters.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2145062
    Latitude
    40.8061064

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    FAQs

    What type of property is this?
    Apartment building - Renovated 3-bedroom apartment near transportation and downtown Montclair.
    Where is this apartment building located?
    The property is located at 41 Elmwood Ave, Unit 1 Montclair, NJ.
    What are key features of this property?
    This property features: - Convenient Commute: Minutes from Bay Street Station with Midtown Direct service to NYC.; - Move-In Ready: Beautifully renovated 3-bedroom, 2-bathroom ground-floor apartment.; - Modern Amenities: Brand-new kitchen with stainless steel appliances and in-unit washer/dryer.
    (973) 696-0077
    Request Owner's contact information
    41 Elmwood Ave, Unit 1 Montclair, NJ 07042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41 Elmwood Ave, Unit 1 Montclair, NJ 07042
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