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242 Prospect St Nutley, NJ $ 699,999
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$ 699,999 Get more info
242 Prospect St
$ 699,999
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Recently Listed
Open House 6/28 1pm - 4pm
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242 Prospect St

Nutley, NJ, 07110
$ 699,999
Bedrooms3 Baths3.0

Monthly Estimate*

$ 4,420

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Multi-Family Home for sale in Nutley, NJ

for $699,999 with 3 bedrooms and 3 full baths. This home was built in 1954 on a lot size of 0.1.

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, 2 bedrooms and one full bath. The finished and renovated basement includes a versatile room great for additional living space, plus a 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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Open House

6/28/2026 1:00 PM - 4:00 PM
242 Prospect St Nutley, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 699,999

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 12,234

Style

2-Two Story

Lot Size

0.1

Year Built

1954

Town/City

Nutley

County/Region

Essex

MLS | Web ID

4036989
Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Extinguisher See Remarks Smoke Detector Wood Floors
Basement Finished Full
Unit 1 Baths Total 2.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 3
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General
Sewer Public Sewer
Heating 2 Units See Remarks
Cooling Wall A/C Unit(s) Window A/C(s)
Utilities All Underground Electric Gas-Natural
Possession immediate
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 1
Architectural Style 2-Two Story
Year Built 1954
Garage Attached Garage
Township Nutley Twp.
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 7
Full Baths 3
Status Active
Directions corner of Centre and Prospect Street
Open Parking Spaces 3
Number Of Units Total 2
Tax Annual Amount 12234
Home Warranty Y/N No
Drive 2 Car Width
Standard Status Active
Tax Assessed Value 453300
Town # 1616
Tax Lot 5
Farm Assessment No
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Exterior
Exterior Amenities Patio
Lot Features Corner
Water Source Public Water
Exterior Description Brick See Remarks Vinyl Siding
Lot Dimensions 75X65 IRR
Lot Size Acres 0.10
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* Excluded Features
List By
LAYTH ABBASI

Listing Agent

The Abbasi Agency

Broker

Affordability Calculator

$5,439
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,420
Monthly Property Taxes
$1,020
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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/25/2026$699,999 Listed Price

Map

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242 Prospect St, Nutley, NJ, 07110 is a Multi-Family Home for sale at $699,999 with a lot size of 0.1. 242 Prospect St has 3 bedrooms, 3.0 baths, and was built in 1954. The property's zip code is 07110 which is in Nutley, NJ

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