Location, lifestyle, and investment potential come together in this renovated two-family home in the heart of Montclair! Across from Erie Park and Walnut St train station, with Midtown Direct and Hoboken service, this exceptional property puts Montclair at your doorstep. The farmers market, cafes, restaurants, bakeries, and a craft brewery are just one block away. Four floors of finished living space comprise two spacious duplex apartments. The first- floor unit offers 2 bedrooms, a renovated kitchen, LR, DR, 2 full baths, and a beautifully finished lower level with flexible recreation and office space, plus laundry. Additional bedrooms may be possible with proper egress windows and approvals. The upper duplex features 3 bedrooms, a renovated kitchen, LR, DR, full bath with tub/shower, dedicated laundry and a charming three-season room. The sunny, south-facing front overlooks the park, with a spectacular seating area and lush landscaping creating privacy. A fully fenced rear area w/parking for 4 cars, and a storage shed for each unit add convenience. Separate heating systems, water and electric meters offer practical independence. Delivered vacant, this is a compelling opportunity to live in one unit and generate rental income, or invest in a prime, convenient Montclair location!
Multi-familyProperty Type
1917Year Built
4 spacesParking
Listed by ELIZABETH RUVO• PROMINENT PROPERTIES SIR
Location, lifestyle, and investment potential come together in this renovated two-family home in the heart of Montclair! Across from Christopher Park and Walnut St train station, with Midtown Direct and Hoboken service, this exceptional property puts Montclair at your doorstep. The farmers market, cafes, restaurants, bakeries, and a craft brewery are just one block away. Four floors of finished living space comprise two spacious duplex apartments. The first- floor unit offers 2 bedrooms, a renovated kitchen, LR, DR, 2 full baths, and a beautifully finished lower level with flexible recreation and office space, plus laundry. Additional bedrooms may be possible with proper egress windows and approvals. The upper duplex features 3 bedrooms, a renovated kitchen, LR, DR, full bath with tub/shower, dedicated laundry and a charming three-season room. The sunny, south-facing front overlooks the park, with a spectacular seating area and lush landscaping creating privacy. A fully fenced rear area w/ parking for 4 cars, and a storage shed for each unit add convenience. Separate heating systems, water and electric meters offer practical independence. Delivered vacant, this is a compelling opportunity to live in one unit and generate rental income, or invest in a prime, convenient Montclair location!
GSMLS #3757898
Mar 25, 2022
Sold
$700,000
Jan 20, 2022
Delisted
—
Jan 12, 2022
Listed
$479,000
Jan 5, 2022
Coming Soon
$479,000
NJMLS #22000550
Mar 25, 2022
Sold
$700,000
Jan 20, 2022
Contingent
—
Jan 5, 2022
Listed
$479,000
Set in the middle of all Montclair has to offer, this 2 family home has an amazing location with a great walkable vibe. Steps to NYC train & bus, farmer's market, cafes, restaurants, bakeries & craft brewery. Facade has sunny southern exposure and overlooks Christopher Park directly across the street. Four floors of finished living space include a two bedroom unit with bonus basement living/office, laundry & 2 full baths. The upstairs duplex apartment has 3 large bedrooms and an office / sunroom. A great opportunity to live in your own Montclair home w rental income, or reap full benefits of a true rental investment. Good bones, ready for updates & delivered vacant. Has great rental potential!
Public Records
Dec 1, 1981
Sold
$46,500
Year
Property tax
Land + Additions
Assessment*
2025
$13,340 (+3.3%)
$215,500 + $163,900
$379,400
2024
$12,911 (+0.7%)
$215,500 + $163,900
$379,400
2023
$12,824 (+2.8%)
$215,500 + $163,900
$379,400
2022
$12,475 (+1.8%)
$215,500 + $163,900
$379,400
2021
$12,258 (+1.6%)
$215,500 + $163,900
$379,400
2020
$12,061 (+1.0%)
$215,500 + $163,900
$379,400
2019
$11,936 (+1.7%)
$215,500 + $163,900
$379,400
2018
$11,739 (−1.7%)
$215,500 + $163,900
$379,400
2017
$11,938 (+2.8%)
$215,500 + $163,900
$379,400
2016
$11,617 (+6.6%)
$177,400 + $142,300
$319,700
2014
$10,895 (+3.2%)
$177,400 + $142,300
$319,700
2013
$10,553 (+1.5%)
$177,400 + $142,300
$319,700
2012
$10,400 (−6.7%)
$177,400 + $142,300
$319,700
2011
$11,143 (+1.7%)
$177,400 + $142,300
$319,700
2010
$10,960 (+5.5%)
$272,900 + $162,200
$435,100
2009
$10,386
$272,900 + $162,200
$435,100
Public record
Beds
—
Baths
—
Stories
2
Lot width
30 ft.
Lot depth
101 ft.
Lot size
3,030 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,814
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,814
Year built
1917
Style
Single Family Residential
County
Essex County
APN
1303310 00034
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Montclair, NJ • 07042-4002
Average low and high temperatures (°F)
35
22
38
24
56
36
64
45
71
54
82
64
87
69
82
62
78
60
65
48
55
39
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 54 Label St
$1,022,723
$28K over list price of $995K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $725K to $1.3M.