5 Prospect St
Mendham, NJ 07945
4 Beds
2.5 Baths
3,019 sqft (on 0.88 acres)
4 Beds
2.5 Baths
3,019 sqft
(on 0.88 acres)
Home Value
Trulia Estimate
$1.26MSince last month
Decreased$24K (-1.9%)Since last year
Increased$109K (+9.4%)Since last sale
Increased$612K (+94.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +96% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.26M |
| July 2026 | $1.29M |
| June 2026 | $1.29M |
| May 2026 | $1.25M |
| April 2026 | $1.21M |
| March 2026 | $1.18M |
| February 2026 | $1.12M |
| January 2026 | $1.11M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.75 | Single-Family Home | $785,000 | 10/30/25 | 4 | 2.5 | 2,428 | |
0.08 | Single-Family Home | $1,220,000 | 07/17/26 | 4 | 3 | - | |
0.37 | Single-Family Home | $750,000 | 09/02/25 | 3 | 2 | - | |
0.05 | Single-Family Home | $950,000 | 11/03/25 | 5 | 6 | - | |
0.54 | Single-Family Home | $550,000 | 09/29/25 | 3 | 1 | 1,025 | |
0.23 | Single-Family Home | $880,000 | 07/24/26 | 4 | 4 | - | |
0.56 | Single-Family Home | $610,000 | 04/17/26 | 3 | 2 | - | |
0.44 | Single-Family Home | $849,000 | 11/17/25 | 4 | 3 | - | |
0.52 | Single-Family Home | $769,000 | 10/14/25 | 3 | 3 | - | |
0.35 | Single-Family Home | $1,080,000 | 12/16/25 | 3 | 3 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $1,466,100 | 5 | 4 | - | Off Market | |
0.04 | $702,100 | 1 | 1 | - | Off Market | |
0.05 | $950,000 | 5 | 6 | - | Recently Sold | |
0.08 | $1,220,000 | 4 | 3 | - | Recently Sold | |
0.11 | $949,800 | Studio | - | - | Off Market | |
0.12 | $1,342,500 | 4 | 5 | - | Recently Sold | |
0.15 | $899,000 | - | - | - | For Sale | |
0.16 | $776,200 | 2 | 3 | - | Off Market | |
0.21 | $1,012,400 | 4 | 4 | - | Off Market | |
0.17 | $737,300 | 3 | 3 | - | Off Market | |
0.17 | $1,636,400 | 5 | 5 | - | Off Market | |
0.18 | $1,505,300 | 6 | 4 | - | Off Market |
Local Information
- Map ViewExplore the area around 5 Prospect St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1815
Lot Size
0.88 acres
Living Area
3,019 sqft
Price/Sqft
$418
Parking
Garage
About this House
Early portions of this enchanting antique residence date back to the early 1800s. Thoughtful renovations and additions in 1906 and 1957 expanded the original footprint, creating a delightfully spacious home featuring three fireplaces, wide plank pumpkin pine floors and numerous architectural details. The expansive floor plan is very deceiving from the street. It spans from the front hallway to a formal living room and den onto a powder room, country kitchen, formal dining room, screened porch, family room, greenhouse and mud room. Generously-sized bedrooms, including the master bedroom and a full bathroom, are located on the second floor. A fourth bedroom, a play room and several roomy closets are situated on the third floor. The second and third floors benefit from central air conditioning during warmer months. There is also an unfinished basement, plus an oversized garage conveniently attached to the large mud room tucked behind the family room. This level property is situated on a quiet street in an established neighborhood of historic homes. Shaded sidewalks line the street, encouraging residents to stroll into town. Antique wrought iron fencing runs along the front of the residence, and complements the charming facade. Brick pathways lead from the sidewalk and driveway to the front door, meandering along the side of the residence to a level lawn and garden. The entire parcel is a gardener’s paradise, graced by oak, holly and Japanese maple trees and punctuated with established perennials beds. A Koi pond brings a water feature to the gardens surrounding the brick patios. A gate connects the side lawn to an expansive back lawn, which is completely enclosed by deer fencing. White picket fencing has been thoughtfully placed to enhance the flower beds and the view of a two-story antique red barn in the corner of the backyard. Mendham Borough and Mendham Township, commonly referred to as Mendham, are both in the southern part of Morris County, a few miles from the county seat of Morristown. This property is located in the heart of the Borough’s historic district and is within walking distance to local schools, shops, parks, churches and restaurants. New Jersey Monthly magazine recently ranked Mendham Borough as the #1 Town in their annual Top Towns survey. Close proximity to a network of highways and Midtown Direct train service to New York from stations in downtown Morristown and Bernardsville add to the appeal of this location. Newark Liberty International Airport is approximately 45 minutes away by car.
5 Prospect St, Mendham, NJ 07945 is a 4 bedroom, 3 bathroom, 3,019 sqft single-family home built in 1815. It last sold for $650,000 on Mar 16, 2015. It is currently off market. The Trulia Estimate is $1,261,800, with a rent estimate of $5,839/month.
Home Details for 5 Prospect St
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Interior Details BasementNumber of Rooms: 10Types of Rooms: Breakfast Nook, Dining Room, Family Room, Library, Mud Room, Solarium Atrium |
Heating & Cooling Heating: Forced Air, Stove, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 3Floors: Softwood, Tile, Carpet, Linoleum Vinyl |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: AsphaltExterior: ShingleGardenLawnPatioPorch |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1815 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Units in Building: 1 |
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Lot Area: 0.88 acres |
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Greenhouse |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 16, 2015 Source: GSMLS #3146499 | Sold | $650,000 |
Sep 17, 2014 Source: Agent Provided | PriceChange | $735,000 Price decreased by 8% |
Jun 18, 2014 Source: Agent Provided | PriceChange | $799,000 Price decreased by 5% |
Jun 3, 2014 Source: Agent Provided | Listed For Sale | $845,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $15,990 | $650,000 |
Home facts updated by county records
Market trends in Mendham
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
28
2MoM
Around this home
What Locals Say about Mendham
At least 49 Trulia users voted on each feature.
95 % Say parking is easy
95 % Say car is needed
87 % Say there's wildlife
84 % Say there's holiday spirit
81 % Say it's dog friendly
80 % Say it's quiet
76 % Say yards are well-kept
73 % Say people would walk alone at night
72 % Say neighbors are friendly
68 % Say they plan to stay for at least 5 years
63 % Say kids play outside
61 % Say there are community events
50 % Say there are sidewalks
46 % Say it's walkable to restaurants
45 % Say it's walkable to grocery stores
37 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5 Prospect St
- What is 5 Prospect St estimated to be worth?Trulia's estimated value for 5 Prospect St in Mendham, NJ is $1,261,800.
- What is the price history for 5 Prospect St?5 Prospect St in Mendham, NJ last sold for $650,000 in March 2015.
- Is Mendham a buyer's or seller's market?Mendham is currently a seller's market, based on recent for-sale activity.
- What do residents say about Mendham?Residents describe Mendham, NJ as easy to park in, dog-friendly, and quiet. Most residents say you need a car. See recently sold homes in Mendham, NJ.
- Does 5 Prospect St have air conditioning?Yes, 5 Prospect St in Mendham, NJ has air conditioning.
- Does 5 Prospect St have laundry facilities?Yes, 5 Prospect St in Mendham, NJ has in-unit laundry.
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