48 Prospect Rd Parsippany-Troy Hills Twp., NJ $ 499,900
48 Prospect Rd
$ 499,900
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48 Prospect Rd

Parsippany-Troy Hills Twp., NJ, 07054
$ 499,900
Bedrooms3 Baths1.0

Monthly Estimate*

$ 3,078

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Single Family Home for sale in Parsippany-Troy Hills Twp., NJ

for $499,900 with 3 bedrooms and 1 full bath. This home was built in 1960 on a lot size of 0.23.

Set on a rare double lot with potential for subdivision, this ranch-style home presents an exceptional opportunity for investors, builders, or homeowners seeking to expand and maximize value. Whether you envision subdividing or customizing and enlarging the existing residence, the possibilities are extensive. This 3-bedroom, 1-bath home features an inviting eat-in kitchen, a comfortable living room, hardwood floors throughout, and generous closet space. A full basement provides added flexibility, while the 1-car garage ensures convenient parking and storage. Outside, a large, level, fully fenced yard creates the perfect setting for outdoor enjoyment. Ideally located near shopping, restaurants, and schools, this property blends comfort, space, and future potential.

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Single Family Active

Price

$ 499,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 7,485

Style

Ranch

Lot Size

0.23

Year Built

1960

Town/City

Parsippany-Troy Hills Twp.

County/Region

Morris

MLS | Web ID

4023982

Features
Interior
Interior Amenities CODetect SmokeDet TubShowr
Basement Full Unfinished
Flooring Tile Vinyl-Linoleum Wood
Total Fireplaces 0
Kitchen Level First
Living Room Level First
In-Law Suite No
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 3
Kitchen Dimensions 14x10
Kitchen Features Eat-In Kitchen
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General
Sewer Public Sewer
Heating 1 Unit Forced Hot Air
Cooling Attic Fan
Utilities Gas-Natural
Possession POT
Roof Asphalt Shingle
Appliances Dryer Range/Oven-Electric Washer
Water Heater Gas
Zoning Residential
HOA Fee 410
Garage Spaces 1
Association Fee Includes See Remarks
Architectural Style Ranch
Exclusions Refrigerator wood burning stove in basement
Pets Allowed Yes
Year Built 1960
Garage Built-In Garage Oversize Garage
Township Parsippany-Troy Hills Twp.
Tax Year 2025
Ownership Fee Simple
Accessibility No
Assoc Fee Paid Per Annually
County Morris
Subdivision Name Lake Parsippany
Total Rooms 5
Full Baths 1
Status Active
Directions Rt. 202 South Marcella Road left on Alloway right on Prospect
High School Par-Hills
Open Parking Spaces 3
Elementary School LKParspny
Tax Annual Amount 7485
Home Warranty Y/N No
Middle/Junior High School BrookLawn
Drive Blacktop
Standard Status Active
Tax Assessed Value 211400
Town # 2330
Tax Lot 16
Primary Style Ranch
Sub Property Type Single Family
Community Living No
Farm Assessment No
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Exterior
Exterior Amenities Metal Fence
Pool No
Lot Features Level Lot
Water Source Public Water
Exterior Description Wood Shingle
Lot Dimensions .230 AC
Lot Size Acres 0.23
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* Excluded Features
List By
FRANK COONEY

Listing Agent

Century 21 The Crossing

Broker

montville07045@aol.com

Email

Affordability Calculator

$3,702
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$624
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4508403 Elementary School
289063 Middle School
Par-Hills High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$499,900 Listed Price

Map


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48 Prospect Rd, Parsippany-Troy Hills Twp., NJ, 07054 is a Single Family Home for sale at $499,900 with a lot size of 0.23. 48 Prospect Rd has 3 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 07054 which is in Parsippany-Troy Hills Twp., NJ