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48 Prospect Rd

Parsippany-Troy Hills Twp., NJ 07054
  • $499,900
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • ID#: 4023982
Under Contract
UPDATED: 31 min ago
$499,900
  • 3
    BEDS
  • 0.23
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:

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. Highest & Best due Monday, May 4th-1:00pm

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-18T08:48:48.373.
www.rowackrealestateteam.com/homes/175902368
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48 Prospect Rd Parsippany-Troy Hills Twp., NJ 07054

  • Price: $499,900
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 31 min ago
  • ID#: 4023982
3
Beds
1
Baths
0
½ Baths
0.23
Acres
1960
Built
Neighborhood:
Lake Parsippany
County:
Morris
Area:
Parsippany-Troy Hills Twp.
Elementary School:
Lkparspny
Middle School:
Brooklawn
High School:
Par-Hills
Property 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. Highest & Best due Monday, May 4th-1:00pm
Exterior Features

Approximate Lot Size .230 AC Color Of Building Blue Exterior Description Wood Shingle Exterior Features Metal Fence Garage Description Built-In GarageOversize Garage Lot Description Level Lot Number Of Parking Spaces 3 Parking Driveway Description Blacktop Pool No Primary Style Ranch Roof Description Asphalt Shingle Style Ranch

Interior Features

Appliances DryerRange/Oven-ElectricWasher Association Fee Includes See Remarks Basement Yes Basement Description FullUnfinished Basement Level Rooms Storage Room Bedroom1 Dimensions 14x11 Bedroom1 Level First Bedroom2 Dimensions 11x10 Bedroom2 Level First Bedroom3 Dimensions 13x9 Bedroom3 Level First Cooling Attic Fan Exclusions Refrigeratorwood burning stove in basement Flooring TileVinyl-LinoleumWood Heating 1 UnitForced Hot Air Interior Features CODetectSmokeDetTubShowr Kitchen Area Eat-In Kitchen Kitchen Dimensions 14x10 Kitchen Level First Level1 Rooms 3 BedroomsBath MainKitchenLiving Room Living Room Dimensions 20x12 Living Room Level First Master Bedroom Description 1st Floor Number Of Fireplaces 0 Number Of Rooms 5 Pets Allowed Yes

Property Features

Assessment Total 211400 Association Fee 410 Association Fee Frequency Annually Block Identifier 242 Building Assessment 67400 Community Living No Easement Unknown Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Handicap Modified No Home Warranty No In Law Suite No Land Assessment 144000 Services Cable TV AvailableGarbage Included Sewer Public Sewer Sub Property Type Single Family Tax Amount 7485 Tax Rate Amount 3.452 Tax Year 2025 Utilities Gas-Natural Water Public Water Water Heater Gas Year Built Description Approximate Zoning Residential

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of CENTURY 21 THE CROSSING: 973-227-7000.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-18T08:48:48.373.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042