Property
Nutley Twp., NJ 07110 242 Prospect St
$699,999
OPEN HOUSE Sun, Jun 28 2026 1:00 PM - 4:00 PM
14 more
Presented By: THE ABBASI AGENCY
Beds • 3- Baths • 3
- Garage • 1
Beds • 3
Baths • 3
Garage • 1Home Details
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.
Presented By: THE ABBASI AGENCY
Interior Features for 242 Prospect St
Bedrooms
Total Bedrooms3
Unit 1 Beds Total2
Unit 2 Beds Total1
Bathrooms
Half Baths0
Unit 1 Baths Total2.0
Unit 2 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1000
Unit 2 Sq Ft577
Unit 1 Levels2
Unit 2 Levels1
UnitType1TotalRent0
UnitType2TotalRent1500
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipMicrowave Oven, Range/Oven - Gas, Refrigerator
BasementFinished, Full
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector, Wood Floors
Other Rooms
Unit 2 Rooms3
Unit 1 Rooms5
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, Rec Room, See Remarks
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room, See Remarks
General for 242 Prospect St
Architectural Style2-Two Story
CoolingWall A/C Unit(s), Window A/C(s)
CountyEssex
Directionscorner of Centre and Prospect Street
Drive2 Car Width
EasementUnknown
Farm AssessmentNo
Full Baths3
GarageAttached Garage
Garage Spaces1
Gross Income
Heating2 Units, See Remarks
Home Warranty Y/NNo
Net Operating Income
Number Of Units Total2
Open Parking Spaces3
Operating Expense0
Possessionimmediate
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount12234
Tax Assessed Value453300
Tax Lot5
Tax Year2025
Total Rooms7
Town #1616
TownshipNutley Twp.
UtilitiesAll Underground, Electric, Gas-Natural
Water HeaterGas
Year Built1954
Exterior for 242 Prospect St
Exterior AmenitiesPatio
Exterior DescriptionBrick, See Remarks, Vinyl Siding
Lot Dimensions75X65 IRR
Lot FeaturesCorner
Lot Size Acres0.10
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate