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.
Active
$699,999
242 Prospect St, Nutley Twp., NJ 07110
3beds
1,577sqft
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$444/sqft
$-- HOA
What's special
Finished and renovated basementStainless steel appliancesCorner lotGranite countertops
- 7 days |
- 1,356 |
- 46 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Layth Abbasi 201-868-6677,
The Abbasi Agency
Source: GSMLS,MLS#: 4036989
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, See Remarks, Natural Gas
Cooling
- Wall Unit(s), Window Unit(s)
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Microwave Oven, Gas Water Heater
Features
- See Remarks, Bedrooms, Eat-in Kitchen, Living Room, Rec Room, Kitchen, Ceiling Fan(s)
- Flooring: Wood
- Basement: Yes,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 1,577
- Total interior livable area: 1,577 sqft
Property
Parking
- Total spaces: 3
- Parking features: 2 Car Width, Attached Garage
- Attached garage spaces: 1
- Uncovered spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 4,356 Square Feet
- Dimensions: 75 x 65 IRR
- Features: Corner Lot
Details
- Parcel number: 1616076030000000050000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, See Remarks, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1954
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities, Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Location
- Region: Nutley
Financial & listing details
- Price per square foot: $444/sqft
- Tax assessed value: $453,300
- Annual tax amount: $12,234
- Date on market: 6/25/2026
- Total actual rent: 1500
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,939/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $699,999+89.2%$444/sqft |
Source:  NJMLS #26023290 Report a problem | ||
| 5/12/2014 | Sold | $370,000-4.9%$235/sqft |
Source:  GSMLS #3120426 Report a problem | ||
| 2/25/2014 | Listed for sale | $389,000+51.4%$247/sqft |
Source: Coldwell Banker Residential Brokerage - Caldwell Office #1405448 Report a problem | ||
| 4/25/2001 | Sold | $257,000$163/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,235 +2.5% | $453,300 |
| 2024 | $11,931 -8.8% | $453,300 |
| 2023 | $13,076 +0.5% | $453,300 +34% |
| 2022 | $13,008 +4.4% | $338,400 |
| 2021 | $12,460 +2.1% | $338,400 |
| 2020 | $12,209 -5.1% | $338,400 |
| 2019 | $12,864 +1.1% | $338,400 -7.6% |
| 2018 | $12,725 +3.1% | $366,400 |
| 2017 | $12,348 +1.6% | $366,400 |
| 2016 | $12,150 -3.6% | $366,400 |
| 2015 | $12,602 +2.2% | $366,400 -4.8% |
| 2014 | $12,328 +9.5% | $384,900 +4.2% |
| 2013 | $11,260 -4% | $369,300 |
| 2012 | $11,732 +12.6% | $369,300 -1.6% |
| 2011 | $10,419 +5.7% | $375,200 |
| 2010 | $9,854 +4.3% | $375,200 -9.3% |
| 2009 | $9,444 +4.8% | $413,500 |
| 2008 | $9,014 +6.3% | $413,500 |
| 2007 | $8,477 | $413,500 +768.7% |
| 2006 | -- | $47,600 |
| 2005 | -- | $47,600 |
| 2004 | $6,745 | $47,600 |
| 2003 | -- | $47,600 |
| 2002 | -- | $47,600 |
| 2001 | -- | $47,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 07110
Nearby schools
GreatSchools rating
- 8/10Radcliffe Elementary SchoolGrades: K-6Distance: 0.4 mi
- 6/10John H Walker Middle SchoolGrades: PK,7-8Distance: 0.3 mi
- 5/10Nutley High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Nutley
- 07110
- 242 Prospect St
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