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$3,100,000
23 Prospect Terrace, Montclair, NJ, 07042
MLS# 26038134
6
Bedrooms
7
Bathrooms
1
Half Baths
0.251 acres (10,935 sqft)
Lot Size
1900
Year Built
Residential — Colonial
Property Type
Description
Welcome to 23 Prospect Terrace, a true Montclair landmark, completely revitalized for 21st-century living while preserving its timeless architectural character. Abundant windows and beautiful sightlines create a remarkable sense of light, space and gracious living. A welcoming portico leads to a heated vestibule and elegant foyer with a new three-story staircase. The dramatic 35-ft long living/family room features a gas fireplace and twin majestic arches opening to a sun-filled, south-facing family space overlooking the lush yard. French doors lead to an expansive full-width patio, while the chef's kitchen impresses with a massive island, natural-stone countertops & backsplash, ZLINE appliances, a pot filler and a wet bar. 6 beds and 6 FULL baths include a luxurious primary suite with 2 walk-in closets, an oversized sun-filled sitting room and spa-like bath, plus junior and guest/au pair suites. The finished lower level offers a large recreation room, wet bar, media room, Full Bath #6 and a beautiful windowed laundry. Designer fixtures, artisan tile, natural stone, new flooring and Andersen windows & doors complete this exceptional residence. Walkable to all that Downtown Montclair has to offer including restaurants, shops and the Wellmont. Enjoy LIFE in this CUSTOM built home with a "dramatically serious attention" to detail, truly a rare opportunity for attractive classic architecture and a thoroughly modern interior. 23 Prospect Terrace is cosmopolitan living at its best
Tax & Financial Information
| Annual Property Taxes | $26,040 (NJ Public Records) |
| Tax Assessment | $765,200 |
| Land Assessment | $296,600 |
| Listed | October 6, 2026 |
Property Features
Interior
- ✓Heating: Gas,Hot Air,Multi-Zone
- ✓Cooling: Central Air
- ✓Basement: Finished,Full
Exterior & Lot
- ✓Parking: Detached
Listing Information
Listing Office: Keller Williams Realty - NJ Metro Group — 973-783-7400
Listing Agent: Mark DiBenedetto — (917) 882-1389 — mdibenedetto4@gmail.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/22/2026.
Total Monthly Cost
$22,130/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $620,000 | Loan: $2,480,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Montclair
Montclair-Boonton Line
Montclair State/Bay St
~0.5 mi from town center
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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