Accepting backups

$1,599,999

85 Prospect Hill Road, New Milford, CT 06776

12beds

8,891sqft

$10,734/mo

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Multi Family

Built in 1880

-- sqft lot

$-- Zestimate^®

$180/sqft

$-- HOA

What's special

Five roomy two-bedroom unitsTwo comfortable one-bedroom units

A rare investment opportunity and a chance to own a distinguished piece of New Milford history. This impressive 7 family Victorian, built in 1880, once served as the residence of John Pettibone, the esteemed Superintendent of the New Milford school system. Today, it offers strong income potential and timeless character for the astute investor. The property features five roomy two-bedroom units and two comfortable one-bedroom units, all currently rented. The interior hallways and individual apartments have been thoughtfully updated, breathing new life into this historic home while preserving its charm. Ideally situated close to downtown New Milford, the location provides convenience, walkability, and enduring appeal. An exceptional opportunity to expand your portfolio-schedule your tour today. Shared Interior hallways under video surveillance.

7 days

330

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 8
Full bathrooms: 8

Heating

Baseboard, Oil, Propane

Cooling

None

Appliances

Included: Electric Water Heater, Water Heater
Laundry: Coin Op Laundry

Features

Basement: Full,Unfinished,Interior Entry
Attic: Walk-up

Interior area

Total structure area: 8,891
Total interior livable area: 8,891 sqft
Finished area above ground: 5,818
Finished area below ground: 3,073

Property

Parking

Total spaces: 10
Parking features: Paved, On Street, Off Street
Has uncovered spaces: Yes

Features

Patio & porch: Wrap Around

Lot

Size: 0.48 Acres
Features: Corner Lot

Details

Parcel number: 1872254
Zoning: R8

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Stone
Roof: Asphalt

Condition

New construction: No
Year built: 1880

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Health Club, Medical Facilities, Park, Shopping/Mall
Subdivision: Prospect District

HOA

Has HOA: No

Location

Region: New Milford

Financial & listing details

Price per square foot: $180/sqft
Tax assessed value: $670,740
Annual tax amount: $15,762
Date on market: 8/2/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/2/2026	Listed for sale	$1,599,999+56.1%$180/sqft
Source: Smart MLS #24192187 Report a problem
10/23/2023	Sold	$1,025,000-6.8%$115/sqft
Source: Smart MLS #170579989 Report a problem
6/25/2023	Listed for sale	$1,100,000$124/sqft
Source: Smart MLS #170579989 Report a problem
4/3/2015	Listing removed	$795
Source: Coldwell Banker Residential Brokerage #A10030202 Report a problem
3/26/2015	Listed for rent	$795
Source: Coldwell Banker Residential Brokerage #A10030202 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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