20 Prospect Terrace Montclair, NJ $ 999,000
20 Prospect Terrace
$ 999,000
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20 Prospect Terrace

Montclair, NJ, 07042
$ 999,000
Bedrooms8 Baths2.2

Monthly Estimate*

$ 6,151

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Single Family Home for sale in Montclair, NJ

for $999,000 with 8 bedrooms and 2 full baths, 2 half baths.

A rare opportunity to own a storied Montclair landmark, this magnificent Second Empire residence offers eight bedrooms, 2.2 baths, and four expansive levels of living space. Built in 1896 by Starr J. Murphy special counsel to John D. Rockefeller and a prominent civic leader who cut the ribbon at the opening of the Erie Lackawanna Railroad connecting Montclair to NYC this home remained in the Murphy/Doubleday family until 1972. The current owner, only the third steward, has lovingly maintained the property since 1981. Architectural highlights include the iconic mansard roof, Palladian windows, and eight bay windows one in every room on the first and second floors filling the home with light. Exquisite Georgia Hearts of Pine flooring throughout. Four fireplaces, generous closets on the second and third floors, and a basement with 9-foot ceilings enhance both charm and functionality. Enjoy porches on the front and both sides, plus a rear deck with hot tub and seasonal views of the New York City skyline. Thoughtful updates include a new roof with copper gutters and EPDM flat roofs (2022), replaced skylight (2022), gas furnace (2012), 200-amp electric service (2015), and an exterior 240V EV charger. Ductless split system offer cooling in summer and an additional heat source. Set on a quiet, tree-lined street near Montclair's vibrant town center, schools and NYC transportation, this historically significant home has been featured on local walking tours and is truly one of a kind.

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Single Family Active

Price

$ 999,000

Bedrooms

8

Full Bath

2

Half Bath

2

Property Type

Single Family

Taxes

$ 25,512

Style

Single Family Residence

Town/City

Montclair

County/Region

Essex

MLS | Web ID

26003394

Features
General
Heating Natural Gas Radiators
Cooling Ductless
Garage Spaces 1.0
Pool Features None
View City
Rooms None
Property Subtype Single Family Residence
Ownership Private
Waterfront Features None
County ESSEX
Property Type Residential
HOA N
Total Rooms 13
Full Baths 2
Status Active - Active
City Montclair
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details Pre 1900 Build Prior to 1978
Tax Annual Amount 25512.0
MLS Area Minor 100
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Victrn
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Interior
Basement Full Grd Lv Acces
Fireplace Features 4 Fireplaces
Heating Y/N N
Half Baths 2
Total Bedrooms 8
Total Baths 4
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Exterior
Lot Features Regular
Other Parking Detached
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* Excluded Features

Affordability Calculator

$8,277
Per Month
74%
26%
0%
Monthly Principal & Interest
$6,151
Monthly Property Taxes
$2,126
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2026$999,000 Listed Price

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20 Prospect Terrace, Montclair, NJ, 07042 is a Single Family Home for sale at $999,000. 20 Prospect Terrace has 8 bedrooms and 2.2 baths. The property's zip code is 07042 which is in Montclair, NJ