116 Prospect Avenue, North Arlington, NJ, 07031 — Photo 11 / 10
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$499,000

116 Prospect Avenue, North Arlington, NJ, 07031

MLS# 26029595

Under Contract83d on market

4

Bedrooms

2

Bathrooms

0.057 acres (2,500 sqft)

Lot Size

1900

Year Built

Residential — Colonial

Property Type

Description

Welcome to 116 Prospect Street! This beautifully maintained 4-bedroom Colonial is ideally located on a quiet residential street in the heart of North Arlington. The first floor features a bright living room, formal dining room, and an updated eat-in kitchen, offering the perfect layout for everyday living and entertaining. The second floor includes three spacious bedrooms and a full bath, while the finished walk-up attic serves as a versatile fourth bedroom, home office, or guest suite. Additional highlights include hardwood floors, updated windows, abundant natural light, ample storage, and a full basement with an additional bathroom, providing endless possibilities for recreation, a home gym, or extended living space. Enjoy a low-maintenance backyard, ideal for relaxing, gardening, or hosting outdoor gatherings. Conveniently located within walking distance of North Arlington's elementary, middle, and high schools, and just minutes from parks, shopping, restaurants, major highways, and NYC transportation, this home offers the perfect combination of comfort, convenience, and community. Now offered at a reduced price! Don't miss this exceptional value and rare opportunity to own a spacious 4-bedroom home in one of North Arlington's most desirable neighborhoods.

Tax & Financial Information

Annual Property Taxes$8,562 (NJ Public Records)
Tax Assessment$403,000
Land Assessment$206,600
ListedAugust 5, 2026

Property Features

Interior

  • ✓Heating: Baseboard,Gas
  • ✓Cooling: Win/AC
  • ✓Basement: Unfinished

Listing Information

Listing Office: Coldwell Banker, Upper Montclair — 973-233-2300

Listing Agent: Deepsikha Chatterjee — 850-766-4524 — dee.chatterjee@cbrealty.com

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/13/2026.

Total Monthly Cost

$3,927/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$2,589
Property Taxes$713
Homeowner Insurance$208
Est. Maintenance$416
Total$3,927

Down: $99,800 | Loan: $399,200

Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.

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