Fully Rented Legal 3 Family with Great Cash Flow, Minutes From Major Highways and NJ Largest Lake.
Under contract
$510,000
237 Prospect Point Rd, Jefferson Twp., NJ 07849
5beds
1,980sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$258/sqft
$-- HOA
What's special
- 43 days |
- 41 |
- 1 |
Zillow last checked: 23 hours ago
Listing updated: January 22, 2026 at 04:09am
Listed by:
Michael Bohdan 888-455-6040,
Fathom Realty Nj
Source: GSMLS,MLS#: 4004981
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 1 Unit, Forced Air, Oil Tank Above Ground - Outside
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Electric, Refrigerator, Electric Water Heater
Features
- Bedrooms, Kitchen, Living Room, Eat-In Kitchen
- Windows: Storm Window(s)
- Basement: Yes,Finished,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
Property
Parking
- Total spaces: 6
- Parking features: 2 Car Width, Crushed Stone, Driveway-Exclusive, Gravel, Parking Lot-Exclusive
- Uncovered spaces: 6
Features
- Patio & porch: Patio
Lot
- Size: 0.28 Acres
- Dimensions: 0.283 AC
- Features: Level
Details
- Parcel number: 2314000970000000020000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector, Smoke Detector
- Subdivision: Lake Hopatcong
Location
- Region: Lake Hopatcong
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $241,800
- Annual tax amount: $7,258
- Date on market: 1/14/2026
- Total actual rent: 4500
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Pending sale | $510,000$258/sqft |
Source:  GSMLS #4004981 Report a problem | ||
| 1/14/2026 | Listed for sale | $510,000+141.7%$258/sqft |
Source: GSMLS #4004981 Report a problem | ||
| 8/25/2020 | Listing removed | $1,400$1/sqft |
Source: RE/MAX PLATINUM GROUP #3655800 Report a problem | ||
| 8/13/2020 | Listed for rent | $1,400+7.7%$1/sqft |
Source: RE/MAX PLATINUM GROUP #3655800 Report a problem | ||
| 8/9/2016 | Listing removed | $1,300+8.3%$1/sqft |
Source: RE/MAX Platinum Group #3195693 Report a problem | ||
| 2/28/2013 | Listing removed | $1,200$1/sqft |
Source: HotPads for Rent Report a problem | ||
| 1/28/2013 | Price change | $1,200+50.9%$1/sqft |
Source: HotPads for Rent Report a problem | ||
| 9/14/2012 | Price change | $795-11.2% |
Source: RE/MAX Platinum Group #2948931 Report a problem | ||
| 6/12/2012 | Listed for rent | $895 |
Source: RE/MAX Platinum Group #2948931 Report a problem | ||
| 11/9/2010 | Sold | $211,000-4%$107/sqft |
Source: Public Record Report a problem | ||
| 9/19/2010 | Price change | $219,900-4.3%$111/sqft |
Source: RE/MAX FIRST CHOICE REALTORS #2764239 Report a problem | ||
| 6/19/2010 | Price change | $229,900-4.2%$116/sqft |
Source: REMAX First Choice Realtors #2764239 Report a problem | ||
| 4/20/2010 | Listed for sale | $239,900+199.9%$121/sqft |
Source: REMAX First Choice Realtors #2764239 Report a problem | ||
| 8/21/1998 | Sold | $80,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,019 | $241,800 |
| 2024 | $7,019 -0.8% | $241,800 |
| 2023 | $7,075 +2.7% | $241,800 |
| 2022 | $6,891 +2% | $241,800 |
| 2021 | $6,756 +5.3% | $241,800 |
| 2020 | $6,413 +2.9% | $241,800 +3.6% |
| 2019 | $6,234 +5.8% | $233,300 +4.3% |
| 2018 | $5,892 +2% | $223,600 +7.7% |
| 2017 | $5,773 +4% | $207,600 -0.4% |
| 2016 | $5,553 +1.1% | $208,500 +3.4% |
| 2015 | $5,492 -4.9% | $201,700 |
| 2014 | $5,778 +4.6% | $201,700 -8.6% |
| 2012 | $5,524 +2.5% | $220,700 -8.3% |
| 2011 | $5,387 +1.3% | $240,700 |
| 2010 | $5,318 +3.4% | $240,700 -13.6% |
| 2009 | $5,142 | $278,700 |
| 2008 | -- | $278,700 |
| 2007 | -- | $278,700 |
| 2006 | -- | $278,700 +117.7% |
| 2005 | -- | $128,000 |
| 2004 | -- | $128,000 |
| 2003 | -- | $128,000 |
| 2002 | -- | $128,000 |
| 2001 | -- | $128,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,138/mo
Principal & interest
$2373
Property taxes
$765
Climate risks
Neighborhood: 07849
Nearby schools
GreatSchools rating
- 4/10Arthur Stanlick Elementary SchoolGrades: 2-5Distance: 1.7 mi
- 6/10Jefferson Twp Middle SchoolGrades: 6-8Distance: 4.1 mi
- 4/10Jefferson Twp High SchoolGrades: 9-12Distance: 4.2 mi
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