48 Prospect Rd

Parsippany-Troy Hills Twp, NJ 07054


 

Price: $499,900

GSMLS:  4023982
Type: Single Family
Style: Ranch
Beds: 3
Baths: 1 Full
Garage: 1-Car
Year Built: 1960
Acres: 0.23
Property Tax: $7,485
Description
Set on a rare double lot with potential for subdivision, this ranch-style home presents an exceptional opportunity for investors, builders, or homeowners seeking to expand and maximize value. Whether you envision subdividing or customizing and enlarging the existing residence, the possibilities are extensive. This 3-bedroom, 1-bath home features an inviting eat-in kitchen, a comfortable living room, hardwood floors throughout, and generous closet space. A full basement provides added flexibility, while the 1-car garage ensures convenient parking and storage. Outside, a large, level, fully fenced yard creates the perfect setting for outdoor enjoyment. Ideally located near shopping, restaurants, and schools, this property blends comfort, space, and future potential.
Rooms Sizes
Kitchen:
14x10 First
Dining Room:
n/a
Living Room:
20x12 First
Family Room:
n/a
Den:
n/a
Bedroom 1:
14x11 First
Bedroom 2:
11x10 First
Bedroom 3:
13x9 First
Bedroom 4:
n/a
Room Levels
Basement:
Storage Room
Ground:
n/a
Level 1:
3 Bedrooms, Bath Main, Kitchen, Living Room
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Eat-In Kitchen
Dining Room:
n/a
Master Bedroom:
1st Floor
Bath:
n/a
Interior Features
Square Foot:
n/a
Year Renovated:
n/a
Basement:
Yes - Full, Unfinished
Full Baths:
1
Half Baths:
0
Appliances:
Dryer, Range/Oven-Electric, Washer
Flooring:
Tile, Vinyl-Linoleum, Wood
Fireplaces:
No
Fireplace:
n/a
Interior:
CODetect,SmokeDet,TubShowr
Exterior Features
Garage Space:
1-Car
Garage:
Built-In Garage, Oversize Garage
Driveway:
Blacktop
Roof:
Asphalt Shingle
Exterior:
Wood Shingle
Swimming Pool:
No
Pool:
n/a
Utilities
Heating System:
1 Unit, Forced Hot Air
Heating Source:
Gas-Natural
Cooling:
Attic Fan
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Services:
Cable TV Available, Garbage Included
Lot Features
Acres:
0.23
Lot Dimensions:
n/a
Lot Features:
Level Lot
School Information
Elementary:
Lake Parsippany Elementary School (K-5)
Middle:
Brooklawn Middle School (6-8)
High School:
Parsippany Hills High School (9-12)
Community Information
County:
Morris
Town:
Parsippany-Troy Hills Twp.
Neighborhood:
Lake Parsippany
Application Fee:
n/a
Association Fee:
$410 - Annually
Fee Includes:
See Remarks
Amenities:
n/a
Pets:
Yes
Financial Considerations
List Price:
$499,900
Tax Amount:
$7,485
Land Assessment:
$144,000
Build. Assessment:
$67,400
Total Assessment:
$211,400
Tax Rate:
3.45
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4023982
List Date:
04-29-2026
Days On Market:
1
Listing Broker:
CENTURY 21 THE CROSSING
Listing Agent:
Frank Cooney
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MountainClubNJ.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox