85 Prospect Hill Rd New Milford, CT 06776
New Milford AreaEstimated payment $10,100/month
Highlights
- Attic
- Wrap Around Balcony
- Baseboard Heating
- Corner Lot
- Property is near shops
- Coin Laundry
About This Home
A rare investment opportunity and a chance to own a distinguished piece of New Milford history. This impressive 7 family Victorian, built in 1880, once served as the residence of John Pettibone, the esteemed Superintendent of the New Milford school system. Today, it offers strong income potential and timeless character for the astute investor. The property features five roomy two-bedroom units and two comfortable one-bedroom units, all currently rented. The interior hallways and individual apartments have been thoughtfully updated, breathing new life into this historic home while preserving its charm. Ideally situated close to downtown New Milford, the location provides convenience, walkability, and enduring appeal. An exceptional opportunity to expand your portfolio-schedule your tour today. Shared Interior hallways under video surveillance.
Listing Agent
Coldwell Banker Realty Brokerage Phone: (203) 768-5377 License #RES.0818335 Listed on: 08/01/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,762
Year Built
- Built in 1880
Lot Details
- 20,909 Sq Ft Lot
- Corner Lot
Parking
- 10 Parking Spaces
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Walkup Attic
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Laundry in Basement
Schools
- New Milford High School
Utilities
- Baseboard Heating
- Heating System Uses Oil
- Heating System Uses Propane
- Electric Water Heater
Additional Features
- Wrap Around Balcony
- Property is near shops
Community Details
- 7 Units
- Coin Laundry
- Gross Income $156,200
Listing and Financial Details
- Assessor Parcel Number 1872254
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 |
|---|---|---|---|---|
| 2025 | $17,225 | $346,570 | $68,880 | $277,690 |
| 2024 | $10,317 | $346,570 | $68,880 | $277,690 |
| 2023 | $10,044 | $346,570 | $68,880 | $277,690 |
| 2022 | $9,825 | $346,570 | $68,880 | $277,690 |
| 2021 | $9,694 | $346,570 | $68,880 | $277,690 |
| 2020 | $10,034 | $349,860 | $68,880 | $280,980 |
| 2019 | $10,041 | $349,860 | $68,880 | $280,980 |
| 2018 | $9,856 | $349,860 | $68,880 | $280,980 |
| 2017 | $9,534 | $349,860 | $68,880 | $280,980 |
| 2016 | $9,366 | $349,860 | $68,880 | $280,980 |
| 2015 | $8,623 | $322,350 | $56,350 | $266,000 |
| 2014 | $8,478 | $322,350 | $56,350 | $266,000 |
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 |
|---|---|---|---|---|---|
| 08/01/2026 08/01/26 | For Sale | $1,599,999 | +56.1% | $180 / Sq Ft | |
| 10/23/2023 10/23/23 | Sold | $1,025,000 | -6.8% | $176 / Sq Ft | View Prior Sale |
| 06/25/2023 06/25/23 | For Sale | $1,100,000 | -- | $189 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,025,000 | None Available | |
| Quit Claim Deed | $160,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $155,000 | Future Advance Clause Open End Mortgage | |
| Open | $768,750 | Purchase Money Mortgage |
Source: SmartMLS
MLS Number: 24192187
APN: NMIL 003945
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Ask me questions while you tour the home.