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242 Prospect St, Nutley Twp., NJ 07110

Essex County

Key Facts

3Beds
3Baths
1,577Sq Ft
1954Year Built
0.10Lot (acres)
1Garage
2Stories

Description

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.

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Style

2-Two Story

Year Built

1954

Stories

2

Living Area

1,577 sq ft

Lot Size

0.10 acres

Garage Spaces

1

Days on Market

7

MLS® Listing#

4036989

Property Features

Appliances

Gas Water Heater

Cooling

Window Unit(s)

Heating

Natural Gas

Basement

FinishedFull

Parking

Attached

Patio

Patio

Lot Features

Corner Lot

Construction

BrickVinyl Siding

Roof

Asphalt

Security

Smoke Detector(s)

Utilities

Natural Gas AvailableUnderground Utilities

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$12,234

Tax year 2025

Assessed Value

$453,300

Parcel Number

1616-07603-0000-00005-0000-

Directions

corner of Centre and Prospect Street

Affordability Calculator

$140,000

Estimated monthly payment

$3,726/mo

Principal $559,999 · Est. interest $781,249 over 30 yrs

Location

  • 242 Prospect St, Nutley Twp., NJ 07110

Points of Interest in Nutley Twp., NJ

Showing the Nutley Twp. area map.

Nearby Schools

  • Franciscan Sisters Day Nursery School

    School · 0.2 mi away

  • Nutley Public Schools

    School · 0.3 mi away

  • Lincoln School

    Elementary · 0.3 mi away

  • Nutley High School

    Secondary · 0.3 mi away

  • John H Walker Middle School

    Secondary · 0.3 mi away

  • Radcliffe School

    Elementary · 0.4 mi away

  • Community School in Nutley

    Elementary · 0.4 mi away

  • Little Kingdom

    School · 0.5 mi away

  • Good Shepherd Academy

    School · 0.5 mi away

  • Demarest Elementary School

    Elementary · 0.9 mi away

  • Spring Garden School

    Elementary · 0.9 mi away

  • Belleville High School

    Secondary · 0.9 mi away

  • Yantacaw School

    Elementary · 1.0 mi away

  • The Phoenix Center

    School · 1.0 mi away

  • Community School in Nutley

    Elementary · 1.0 mi away

  • School Number Seven Ope

    School · 1.0 mi away

  • Belleville Ps7

    Elementary · 1.0 mi away

  • Belleville Elementary School

    Elementary · 1.0 mi away

  • Belleville Elementary School

    Elementary · 1.1 mi away

  • Washington School

    Elementary · 1.1 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Nutley Twp.

Listing Courtesy: THE ABBASI AGENCY - 2018686677

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Data provided by GardenStateMLS. MLS® Listing#4036989. © 2026EXIT Realty®. All rights reserved.