242 Prospect St Nutley, NJ 07110
Estimated payment $4,753/month
About This Home
Two family home in Nutley, NJ! situated on a corner lot in a great neighborhood. The owner occupied unit features a renovated eat in kitchen with granite countertops and stainless steel appliances, along with a finished and renovated basement that includes a full bathroom, providing additional living and entertaining space. The second-floor unit offers one bedroom and one full bathroom, creating an excellent opportunity for rental income. Conveniently located near shopping, restaurants, public transportation, and major commuter routes, this property is ideal for both owner occupants and investors seeking an income producing home in a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,930
Lot Details
- 4,875 Sq Ft Lot
- Lot Dimensions are 75x65
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Basement
- Laundry in Basement
Listing and Financial Details
- Legal Lot and Block 5 / 7603
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,235 | $453,300 | $165,300 | $288,000 |
| 2025 | $12,235 | $453,300 | $165,300 | $288,000 |
| 2024 | $11,677 | $453,300 | $165,300 | $288,000 |
| 2022 | $13,076 | $338,400 | $130,900 | $207,500 |
| 2021 | $13,008 | $338,400 | $130,900 | $207,500 |
| 2020 | $12,460 | $338,400 | $130,900 | $207,500 |
| 2019 | $12,209 | $338,400 | $130,900 | $207,500 |
| 2018 | $12,864 | $366,400 | $158,900 | $207,500 |
| 2017 | $12,725 | $366,400 | $158,900 | $207,500 |
| 2016 | $12,348 | $366,400 | $158,900 | $207,500 |
| 2015 | $12,150 | $366,400 | $158,900 | $207,500 |
| 2014 | $12,602 | $384,900 | $158,900 | $226,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/28/2026 06/28/26 | For Sale | $699,999 | 0.0% | -- | |
| 06/28/2026 06/28/26 | Off Market | $699,999 | -- | -- | |
| 06/25/2026 06/25/26 | For Sale | $699,999 | +89.2% | -- | |
| 05/12/2014 05/12/14 | Sold | $370,000 | 0.0% | -- | View Prior Sale |
| 05/12/2014 05/12/14 | Sold | $370,000 | -- | -- | View Prior Sale |
Source: New Jersey MLS
MLS Number: 26023290
APN: 16-07603-0000-00005
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.
The data relating to the 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 Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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