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42 2nd St, Pequannock, NJ, 07440

3beds
2baths
1,685sqft
$525,000
$312price/sqft
$3,773/moest. monthly cost
$150,920/yrincome needed

About This Home

Opportunity awaits at 42 2nd Street! This 3-bedroom, 2-bath Cape offers a flexible layout, hardwood flooring, generous room sizes and an opportunity to renovate and personalize to your taste. The first floor features a bright living room, an eat-in kitchen with an open adjoining dining area,1-bedroom, full bath & a bonus room. Bonus room can be used for a home office, craft room... so many possibilities! Upstairs are two additional bedrooms and a second full bath, offering options for guests, home office space or a variety of living arrangements. A breezeway provides access between the home, driveway and detached one-car garage. Set on approximately .26 acre, the property includes a spacious yard with room to garden, entertain or create the outdoor space you envision. Conveniently located near schools, shopping, dining, parks and major roadways. Ready for its next chapter, this home offers a great opportunity for a buyer with vision. Property is being sold strictly as-is. Buyer responsible for inspections and repairs. Septic is town-verified 3 bedroom. Seller will obtain the required municipal smoke and carbon monoxide alarm compliance certificate.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1951

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Range/Oven-Gas,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Bilco-Style Door,Full,Unfinished,Sump Pump

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Radiators - Hot Water,Natural Gas
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 1,685
  • Total interior livable area: 1,685 sqft

Kitchen

  • Features: Breakfast Bar,Separate Dining Area

Property

Details

  • Parcel number: 2331036140000000010000
  • Exclusions: personal items

Features

  • Patio & porch: Patio

Lot

  • Lot size: 0.26 Acres
  • Features: Corner Lot,Level
  • Lot size dimensions: 75 x 150

Parking

  • Total spaces: 2
  • Parking features: 2 Car Width,Driveway-Exclusive,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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 FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

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

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 $2,654$31,848
Home Insurance *$120$1,440
Property Taxes $806$9,672
Electricity $193$2,318
Total$3,773$45,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,360/yr
40% on housing$113,190/yr
45% on housing$100,613/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: 6.8%
6.8%
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

$312This listing

vs Other Active Listings

Avg $/sqft

ZIP 07440$286
Morris County$395

vs Homes Sold Last Month

Median $/sqft

ZIP 07440$383
Morris County$367

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)

No zestimate history available

Price History

DateEventPrice
2026-08-11Pending sale$525,000
2026-08-01Listed for sale$525,000

For Sale by Agent

AgentEileen Furbush
BrokerageWeichert Realtors

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