A memory device includes a magnetic tunnel junction (MTJ) pillar between a top electrode and a bottom electrode. An amorphous dielectric hardmask is in contact with a first portion of an uppermost surface of the MTJ pillar. A first portion of a metal layer is disposed on opposite sidewalls of the amorphous dielectric hardmask and in contact with a second portion of the uppermost surface of the MTJ pillar extending outwards from the amorphous dielectric hardmask for providing the top electrode. A dielectric underlayer is in contact with a first portion of a bottommost surface of the MTJ pillar, while a second portion of the metal layer is disposed on opposite sidewalls of the dielectric underlayer. The second portion of the metal layer is in contact with a second portion of the bottommost surface of the MTJ pillar extending outwards from the dielectric underlayer for providing the bottom electrode.