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$499,900

  • For Sale
  • Under Contract
  • Multi-Family
  • 3 Total Beds
See This Home
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Fabulous Value! Two-Family home near town! Each unit has fantastic living space, great storage, natural daylight and bedrooms are quite large as well. Enjoy off street parking, a fenced rear yard and the potential for a very strong rent roll. Natural gas is in the home! Easy to convert oil heat to gas! Tenants are on a month to month agreement presently. Why not enjoy living in the heart of Dover, and renting either unit to significantly minimize your housing expenses! Floor plans are very versatile! There are office/playroom/media room/den options! The direct NYC train and nearby Bus is an amenity for all to benefit from, beautiful parks for picnics and hiking, and assorted dining options are a culinary, international delight! Near the Rockaway Mall, Target, Walmart, Rt 80, 46, 15 and 10!

Full Property Details for 126 Prospect St

General

  • Price: $499,900
  • Taxes: $8,398 (2024)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3994207
  • Updated: 1/1/2026
  • Added to Site: 87 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Carbon Monoxide Detector, High Ceilings, Smoke Detector, Stain Glass Windows, Tile Floors, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Curbs, Enclosed Porch(es), Metal Fence, Sidewalk

Location

  • County: Morris
  • Driving Directions: Rt 46 West to Blackwell St To Prospect St - home is on the left #126

School Information

  • Middle School: Dover M.S.
  • High School: Dover H.S.

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: 1 Unit
  • Heating Fuel: Oil Tank Above Ground - Inside
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Garbage Included

Structural Information

  • Architectural Style: 3-Three Story, See Remarks
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: Full, Walk-Out
  • Roof: Asphalt Shingles
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Porch
  • Square Feet: 970
  • Levels/Stories: 1
  • Fireplaces: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Bedrooms, Den, Kitchen, Living Room
  • Square Feet: 1090
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 50 x 106
  • Driveway/Sidewalk: 1 Car Width, Blacktop, Off-Street Parking, On-Street Parking
  • Lot Description: Open Lot

Financial Considerations

  • Expenses: Garbage Collection, Hot & Cold Water, Insurance, Taxes
  • Operating Expenses: $15,150
  • Assessment Amount: $178,900
  • Land Assmt: $77,700
  • Tax Amount: $8,398
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures: Yes
  • Block: 1101
  • Lot Number: 41
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.

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— 126 Prospect St —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 126 Prospect St

School District:Dover Town School District
NameGradesDistance
Dover Middle School, Dover, NJ
302 East McFarlan Street, Dover, NJ 07801
7-81.1 mi
Dover High School, Dover, NJ
100 Grace Street, Dover, NJ 07801
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 126 Prospect St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$499,900
-11.52%
MLS
10/23/2025
Listed
$565,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 126 Prospect St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,149
4%
$256,600
—
2023
$7,851
7%
$256,600
—
2022
$7,335
2%
$256,600
—
2021
$7,199
9%
$256,600
—
2018
$6,613
-5%
$256,600
—
2019
$6,997
11%
$256,600
—
2017
$6,312
2%
$256,600
—
2016
$6,164
-4%
$256,600
-18%
2015
$6,453
3%
$314,000
—
2013
$6,239
—
$314,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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126 Prospect Street, Dover, NJ 07801 (MLS# 3994207) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 126 Prospect Street is currently listed for $499,900 and was received on October 23, 2025. This property is listed by Deborah "Deb" Sprung from our Mountain Lakes Office.Want to learn more about 126 Prospect Street? Do you have questions about finding other Multi-Family real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.

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