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Single Family ResidenceResidential
$1,526,122$509 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 79How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $223,000 on Feb 8, 1995

5 PROSPECT TER

MONTCLAIR, NJ 07042
0
Baths
2,999 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1912
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$1.5M
$1.2M low$1.8M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$223,000 · Feb 8, 1995

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$21,915 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$623,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$271,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$351,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$623,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$623,300

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.15
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Charles H. Bullock SchoolA-
Elementary · Grades KG–5 · 0.2 mi
M
Glenfield Middle SchoolB+
Middle · Grades 6–8 · 0.4 mi
H
Montclair High SchoolB
High · Grades 9–12 · 0.9 mi

District: Montclair Town School District

Neighborhood · ZIP 07042These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.83
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.112

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.27,494
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7,244 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$132,077
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$183,948
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5 Prospect Ter measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 91% of homes in Essex County
  • Costs more per square foot than 80% of homes in Essex County
  • Bigger than 77% of homes in Essex County
  • Has a smaller lot than 72% of homes in Montclair 07042
  • Older than 82% of homes in Essex County

What homes are worth in Montclair 07042

Each bar is how many homes fall in that price range. The marker is this home.

This home
$356K$2.9M

This home is worth more than 78% of homes in Montclair 07042.

How it measures up in Montclair 07042

The dot is this home. The mark in the middle is the typical home in Montclair 07042.

Estimated value$1,526,122
CheaperTypical $1,033,561Pricier

Pricier than 78% of homes nearby

Price per ft²$509
CheaperTypical $478Pricier

Pricier than 61% of homes nearby

Living area2,999 ft²
SmallerTypical 2,323 ft²Bigger

Bigger than 72% of homes nearby

Lot size0.15 ac
SmallerTypical 0.22 acBigger

Bigger than 28% of homes nearby

Year built1912
OlderTypical 1922Newer

Newer than 39% of homes nearby

How 5 Prospect Ter ranks against every home in each area.
MeasureThis homeMontclair 07042Essex County
Estimated valuepricier than$1,526,12278% of homes91% of homes
Price per ft²pricier than$50961% of homes80% of homes
Living areabigger than2,999 ft²72% of homes77% of homes
Lot sizebigger than0.15 ac28% of homes54% of homes
Year builtnewer than191239% of homes18% of homes

About 5 Prospect Ter

How much is 5 Prospect Ter, Montclair, NJ worth?

The TopHap Estimate for 5 Prospect Ter, Montclair, NJ is $1,526,122 as of Sep 24, 2026. The likely range is $1,202,265 to $1,849,979. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5 Prospect Ter, Montclair, NJ last sell?

5 Prospect Ter, Montclair, NJ last sold on Feb 8, 1995 for $223,000, according to the county's recorded deed.

How big is 5 Prospect Ter, Montclair, NJ?

5 Prospect Ter, Montclair, NJ has 2,999 square feet of living space and a 0.15-acre lot.

When was 5 Prospect Ter, Montclair, NJ built?

5 Prospect Ter, Montclair, NJ was built in 1912, making it 114 years old. The building has 2 stories.

What schools serve 5 Prospect Ter, Montclair, NJ?

5 Prospect Ter, Montclair, NJ is assigned to Charles H. Bullock School (elementary), rated A-; Glenfield Middle School (middle), rated B+; Montclair High School (high), rated B. All sit in Montclair Town School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5 Prospect Ter, Montclair, NJ compare to other homes in Montclair 07042?

Among the 6,114 homes in Montclair 07042, it is worth more than 78% of them ($1,526,122 against a typical $1,033,561), its price per square foot is higher than 61% of them ($509 against a typical $478), it is bigger than 72% of them (2,999 ft² against a typical 2,323 ft²), its lot is bigger than 28% of them (0.15 ac against a typical 0.22 ac) and it is newer than 39% of them (1912 against a typical 1922). Measured against all of Essex County, it is worth more than 91% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5 Prospect Ter, Montclair, NJ?

The 2025 property tax bill for 5 Prospect Ter, Montclair, NJ was $21,915. The county assessed it at $623,300.

More homes on Prospect Ter

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Assigned schools

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