551 Prospect St

$1,373,000
Last Sold Price
5
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 551 Prospect Street a stunning Victorian that blends timeless architectural detail w thoughtful modern updates. Set on an almost 1/2 acre property w wooded trails, this home offers a rare combination of historic elegance & serene, park-like living just moments from Maplewood Village & train to NYC. Step onto the inviting mahogany front porch, perfect for morning coffee. Inside, the gracious foyer features 2 large coat closets & original hardwood parquet floors. High ceilings & oversized...Welcome to 551 Prospect Street a stunning Victorian that blends timeless architectural detail w thoughtful modern updates. Set on an almost 1/2 acre property w wooded trails, this home offers a rare combination of historic elegance & serene, park-like living just moments from Maplewood Village & train to NYC. Step onto the inviting mahogany front porch, perfect for morning coffee. Inside, the gracious foyer features 2 large coat closets & original hardwood parquet floors. High ceilings & oversized windows throughout fill the home w natural light. The spacious living room w wood-burning fireplace & coffered ceiling, & sunlit dining room w beautiful windows set the stage for entertaining. The renovated kitchen w island opens to a large deck overlooking the fenced backyard & tranquil wooded lot beyond. Upstairs are 4 bright bedrooms w newer Pella windows, oversized closets, & an extra-large linen closet. The renovated full bath w tub completes this level. The third-floor primary suite is a true retreat w vaulted ceilings, exposed beams, mini-split for added comfort, full b with clawfoot soaking tub & tiled shower, plus 2 very generous closets. Finally, the partially finished basement boasts tall ceilings, laundry room, full bath, & direct walk-out access to the serene backyard. A newer roof w warranty, & whole house water filter add to the upgrades. This exceptional home captures the essence of Maplewood living, historic charm, modern updates, & a connection to nature.

Property Details for 551 Prospect Street

Style
Victorian
Directions
Prospect Street between Jennifer Lane and Franklin Place
Days On Market
9
Primary Style
Victorian
LISTING UPDATED: 12/15/2025 09:19 AM

Property Details for 551 Prospect Street

StatusSold
MLS #3995223
Days on Market9
Taxes$21,714 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1912
Lot Size0.46 AC / 20,037 SF
CountyEssex County
Buyer's Agent Compensation2.5%

Location

Sold By COMPASS NEW JERSEY, LLC, Jaime Richter

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Building Information for 551 Prospect Street

Stories-Year Built1912Building Size-Lot Size0.46 AC / 20,037 SF

Payment Calculator

$8,594 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,784

Property Taxes

$1,810

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 551 Prospect Street

Summary
Location and General Information
  • Active Days on Market: 12
  • County #: Essex
  • Town Name: Maplewood Twp.
  • Community Living: No
  • Block Identifier: 24.08
  • Listing Type: Exclusive Right to Sell
  • Town #: 1611.0
  • Street # Display: 551.0
  • In-Law Suite: No
  • # Parking Spaces: 3
  • County Or Parish: Essex
  • Street Name: Prospect St
  • Zip Code: 07040-1373
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Code Tax: *
  • County Tax: *
  • Tax Amount: $21,714
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 938800.0
  • Tax ID For Property: 1611-00024-0008-00288-0000-
  • Tax Id Tax: *
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop, Driveway-Shared
  • # Garage Spaces: 0
  • Garage Description: None
Property
Lot Information
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Generator-Hookup, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Lot Identifier: 288
  • Approximate Lot Size: 41X493
  • Total Acres: 0.46
  • Construction Date/Year Built: 1912
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 485200.0
  • Assessment Land: 453600.0
  • Farm Assessment: No
Utilities
  • Cooling: Ceiling Fan, Ductless Split AC, Wall A/C Unit(s), Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Handicap Modified: No
  • Heating: 1 Unit, Auxiliary Electric Heat, Baseboard - Hotwater, Radiators - Hot Water
  • Fuel Type: OilAbIn
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Exterior Description: Stucco
  • Exterior Features: Deck, Open Porch(es), Patio, Privacy Fence, Sidewalk, Storage Shed, Storm Door(s), Storm Window(s), Thermal Windows/Doors, Wood Fence
Interior Features
  • Interior Features: CeilBeam, Blinds, CODetect, AlrmFire, CeilHigh, SmokeDet, StallTub, TrckLght, TubShowr, WlkInCls
  • Flooring: Parquet-Some, Wood
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Crawl Space, Finished-Partially, Unfinished, Walkout
  • # Baths: 3.0
  • # Full Baths: 3
  • # Half Baths: 0
  • Bedroom 1 Level: Third
  • Bedroom 1 Dim: 19x25
  • Bedroom 2 Level: Second
  • Bedroom 2 Dim: 11x14
  • Bedroom 3 Level: Second
  • Bedroom 3 Dim: 11x14
  • Bedroom 4 Level: Second
  • Bedroom 4 Dim: 10x14
  • # Bedrooms: 5
  • Dining Room Dim: 12x15
  • Easement: No
  • Fireplace Desc: Living Room, Wood Burning
  • # Fireplaces: 1
  • Kitchen Dim: 15x14
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Basement Level Rooms: Laundry Room, Powder Room, Storage Room, Utility Room
  • Living Room Dim: 17x25
  • Dining Area: Formal Dining Room
  • Dining Room Level: First
  • Other Room 1 Dim: 13x14
  • Other Room 2 Dim: 7x9
  • Other Room 3 Dim: 24x8
  • Other Room 4 Dim: 13x10
  • Living Room Level: First
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath Main, Storage Room
  • Master Bedroom Desc: Full Bath
  • # Rooms: 11
  • Other Room 3: Utility Room
  • Other Room 1 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room 2 Level: Basement
  • Other Room 5: Storage Room
  • Other Room 3 Level: Basement
  • Other Room 6: Storage Room
  • Other Room 4 Level: Basement
Rental
Rental Information
  • Home Warranty: false

Property History for 551 Prospect Street

DateEvent & SourcePriceAppreciation
Dec 12, 2025

Sold

GSMLS #3995223

$1,373,000
Dec 11, 2025

Under Contract

GSMLS #3995223

Oct 29, 2025

Listed (Active)

GSMLS #3995223

$1,050,000
May 1, 2006

Sold (Public Record)

Public Record #247373305

$639,000
DateEvent & SourcePrice
12/12/2025

Sold

GSMLS #3995223

$1,373,000
12/11/2025

Under Contract

GSMLS #3995223

10/29/2025

Listed (Active)

GSMLS #3995223

$1,050,000
05/01/2006

Sold (Public Record)

Public Record #247373305

$639,000

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

Public Records for 551 Prospect Street

Taxable ValueLand$453,600Additions$485,200Total$938,800
Tax Record2024$21,714 ($1,810 / month)
Home Facts
Beds0Total Finished SqFt2,439 SqFtAbove Grade Finished SqFt2,439 SqFtStories2Lot Size20,212 SqFtStyleSingle Family ResidenceYear Built1912ZoningR1-7CountyESSEXAPN11 00024- 08-00288

Schools near 551 Prospect Street

This home is within South Orange-Maplewood School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 1
Rating
School
Distance
Clinton Elementary School
PublicPK to 5

South Orange Middle School
Public6 to 8

Columbia Senior High School
Public9 to 12

South Mountain Annex
PublicK to 1

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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