20 Prospect Ter

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A rare opportunity to own a storied Montclair landmark, this magnificent Second Empire residence offers eight bedrooms, 2.2 baths, and four expansive levels of living space. Built in 1896 by Starr J. Murphy special counsel to John D. Rockefeller and a prominent civic leader who cut the ribbon at the opening of the Erie Lackawanna Railroad connecting Montclair to NYC this home remained in the Murphy/Doubleday family until 1972. The current owner, only the third steward, has lovingly maintained the...A rare opportunity to own a storied Montclair landmark, this magnificent Second Empire residence offers eight bedrooms, 2.2 baths, and four expansive levels of living space. Built in 1896 by Starr J. Murphy special counsel to John D. Rockefeller and a prominent civic leader who cut the ribbon at the opening of the Erie Lackawanna Railroad connecting Montclair to NYC this home remained in the Murphy/Doubleday family until 1972. The current owner, only the third steward, has lovingly maintained the property since 1981. Architectural highlights include the iconic mansard roof, Palladian windows, and eight bay windows one in every room on the first and second floors filling the home with light. Exquisite Georgia Hearts of Pine flooring throughout. Four fireplaces, generous closets on the second and third floors, and a basement with 9-foot ceilings enhance both charm and functionality. Enjoy porches on the front and both sides, plus a rear deck with hot tub and seasonal views of the New York City skyline. Thoughtful updates include a new roof with copper gutters and EPDM flat roofs (2022), replaced skylight (2022), gas furnace (2012), 200-amp electric service (2015), and an exterior 240V EV charger. Ductless split system offer cooling in summer and an additional heat source. Set on a quiet, tree-lined street near Montclair's vibrant town center, schools and NYC transportation, this historically significant home has been featured on local walking tours and is truly one of a kind.
  1. Listed by Amy Owens • Keller Williams Realty - NJ Metro Group • (917) 765-1979

Property Details for 20 Prospect Terrace

Style
Single Family Residence
Sub style
Victrn
Waterfront
None
Garage
Detached
LISTING UPDATED: 02/13/2026 06:50 PM

Property Details for 20 Prospect Terrace

StatusUnder Contract - Under Contract
MLS #26003394
Days on Market13
Taxes$25,512 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of Keller Williams Realty - NJ Metro Group, Amy Owens
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Payment Calculator

$6,995 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,869

Property Taxes

$2,126

HOA Dues

$0

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Property Information for 20 Prospect Terrace

Summary
Location and General Information
  • Area name: Montclair
  • Flood plain: None
  • Street Name: Prospect
  • County Name: ESSEX
  • Status: Pending
  • Street Number Numeric: 20
  • Street Direction: City
  • Zip Code: 07042
Taxes and HOA Information
  • Other Charges: True
  • Association: None
  • Additional subst: Historic
  • Tax: $25,512
School Information
  • Junior High School: MAGNET
  • Senior High School: MONTCLAIR
Owner
  • Ownership: Private
Property
Lot Information
  • Lot description: Regular
  • Year Built: Pre 1900, Build Prior to 1978
  • Views exposure: City
  • Miscellaneous: Deck / Patio
Property and Assessments
  • Photo Number: 50
Utilities
  • Sewer: Public Sewer
  • Heatcool: Natural Gas, Radiators
  • Cooling Type: Ductless
Interior and Exterior Features
Interior Features
  • Bedrooms: 8
  • Baths full: 2
  • Baths partial: 2
  • Basement: Full, Grd Lv Acces
  • Basement Description: Bath(s) Other, Laundry Room, Powder Room, Storage Room, Utility Room, Walkout
  • Number of rooms: 13
  • Lifestyle: Close/Parks, Close/School, Close/Shopg
  • Full Baths Total: 4
  • Num of Baths: 2.2
Exterior Features
  • Fireplace: 4 Fireplaces
  • Exterior: Wood
  • Miscellaneous: Deck / Patio
  • Pool Type: None
Agent
Sale and Listing Information
  • Management Phone: (917) 765-1979
  • Search Class: RES, Residential
  • List Price: $999,000.00
  • Listing Date: 01-30-2026
  • Expired Date: 07-30-2026
  • Pending Date: 02-13-2026
  • Status Date: 02-12-2026
Showing Information
  • Internet Remarks: A rare opportunity to own a storied Montclair landmark, this magnificent Second Empire residence offers eight bedrooms, 2.2 baths, and four expansive levels of living space. Built in 1896 by Starr J. Murphy special counsel to John D. Rockefeller and a prominent civic leader who cut the ribbon at the opening of the Erie Lackawanna Railroad connecting Montclair to NYC this home remained in the Murphy/Doubleday family until 1972. The current owner, only the third steward, has lovingly maintained the property since 1981. Architectural highlights include the iconic mansard roof, Palladian windows, and eight bay windows one in every room on the first and second floors filling the home with light. Exquisite Georgia Hearts of Pine flooring throughout. Four fireplaces, generous closets on the second and third floors, and a basement with 9-foot ceilings enhance both charm and functionality. Enjoy porches on the front and both sides, plus a rear deck with hot tub and seasonal views of the New York City skyline. Thoughtful updates include a new roof with copper gutters and EPDM flat roofs (2022), replaced skylight (2022), gas furnace (2012), 200-amp electric service (2015), and an exterior 240V EV charger. Ductless split system offer cooling in summer and an additional heat source. Set on a quiet, tree-lined street near Montclair's vibrant town center, schools and NYC transportation, this historically significant home has been featured on local walking tours and is truly one of a kind.

Property History for 20 Prospect Terrace

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Under Contract

GSMLS #4007542

Feb 12, 2026

Under Contract

NJMLS #26003394

Jan 30, 2026

Listed (Active)

GSMLS #4007542

$999,000
Jan 29, 2026

Listed (Active)

NJMLS #26003394

$999,000
DateEvent & SourcePrice
02/13/2026

Under Contract

GSMLS #4007542

02/12/2026

Under Contract

NJMLS #26003394

01/30/2026

Listed (Active)

GSMLS #4007542

$999,000
01/29/2026

Listed (Active)

NJMLS #26003394

$999,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20 Prospect Terrace

Taxable ValueLand$201,000Additions$548,700Total$749,700
Tax Record2024$25,512 ($2,126 / month)
Home Facts
Beds0Total Finished SqFt3,858 SqFtAbove Grade Finished SqFt3,858 SqFtStories2Lot Size10,150 SqFtStyleSingle Family ResidenceYear Built1896ZoningR1CountyESSEXAPN13 03108-0000-00013

Schools near 20 Prospect Terrace

This home is within Montclair Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Charles H Bullock School
PublicK to 5

Glenfield Middle School
Public6 to 8

Montclair High School
Public9 to 12

Hillside Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty - NJ Metro Group, Amy Owens

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