See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

116 Prospect Ave, North Arlington, NJ, 07031

4beds
2baths
--sqft
$515,000
--price/sqft
$3,860/moest. monthly cost
$154,400/yrincome needed

About This Home

Welcome to 116 Prospect Street! This beautifully maintained 4-bedroom Colonial is ideally located on a quiet residential street in the heart of North Arlington. The first floor features a bright living room, formal dining room, and an updated eat-in kitchen, offering the perfect layout for everyday living and entertaining. The second floor includes three spacious bedrooms and a full bath, while the finished walk-up attic serves as a versatile fourth bedroom, home office, or guest suite. Additional highlights include hardwood floors, updated windows, abundant natural light, ample storage, and a full basement with an additional bathroom, providing endless possibilities for recreation, a home gym, or extended living space. Enjoy a low-maintenance backyard, ideal for relaxing, gardening, or hosting outdoor gatherings.Conveniently located within walking distance of North Arlington's elementary, middle, and high schools, and just minutes from parks, shopping, restaurants, major highways, and NYC transportation, this home offers the perfect combination of comfort, convenience, and community. Now offered at a reduced price! Don't miss this exceptional value and rare opportunity to own a spacious 4-bedroom home in one of North Arlington's most desirable neighborhoods.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

7/10
5/10
Veterans Middle SchoolGrades 6-80.4 mi
5/10
North Arlington High SchoolGrades PK,9-120.4 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Gas Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range/Oven-Gas,Refrigerator,Washer,Gas Water Heater
  • Laundry features: In Basement

Basement

  • Features: Bath(s) Other, Laundry Room, Storage Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Living/Dining Combo
  • Level: First

Family Room

  • Level: First

Features

  • Window features: Skylight(s),Window Treatments
  • Flooring: Wood

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
  • Cooling features: Window Unit(s)

Kitchen

  • Features: Breakfast Bar
  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 1139000150000000030000

Features

  • Patio & porch: Patio
  • Exterior features: Sidewalk
  • Fencing: Privacy

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100 1LT

Parking

  • Parking features: On Street,See Remarks,None
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,604$31,248
Home Insurance *$114$1,368
Property Taxes $949$11,388
Electricity $193$2,318
Total$3,860$46,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,342/yr
40% on housing$115,800/yr
45% on housing$102,933/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07031$373
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07031$485
Bergen County$452

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$499,000
2026-06-11Listed for sale$515,000

For Sale by Agent

AgentKareen Molokwu
BrokerageColdwell Banker Realty

Similar Homes