242 Prospect Street Nutley, NJ $ 650,000
242 Prospect Street
$ 650,000
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242 Prospect Street

Nutley, NJ, 07110
$ 650,000
Bedrooms3 Baths3.0

Monthly Estimate*

$ 4,104

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Multi-Family Home for sale in Nutley, NJ

for $650,000 with 3 bedrooms and 3 full baths.

Two family home in Nutley, NJ! situated on a corner lot in a great neighborhood. The main unit features a renovated eat in kitchen with granite countertops and stainless steel appliances, 2 bedrooms and one full bath. This unit also has a finished and renovated basement with a versatile room great for additional living space, plus another full bathroom. 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.

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Multi-Family Active

Price

$ 650,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,930

Style

2 Family

Town/City

Nutley

County/Region

Essex

MLS | Web ID

26023290

Features
General
Utilities See Remarks Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 1.0
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 7
Full Baths 3
Status Active - Active
City Nutley
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1950's Renovated Build Prior to 1978
Tax Annual Amount 11930.0
MLS Area Minor 200
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Basement
Total Bedrooms 3
Total Baths 3
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* Excluded Features

Affordability Calculator

$5,098
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$994
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2026$650,000 -7.14% Price Down
6/25/2026$699,999 Listed Price

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242 Prospect Street, Nutley, NJ, 07110 is a Multi-Family Home for sale at $650,000. 242 Prospect Street has 3 bedrooms and 3.0 baths. The property's zip code is 07110 which is in Nutley, NJ