2
See all 2 photos
$499,999
Est. payment /mo
7 Beds
4 Baths
1,882 SqFt
Active
42 Brown Ave Prospect Park Boro, NJ 07508
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,882 sqft
Price per Sqft $265
MLS Listing ID 4012535
Style 3-Three Story, See Remarks
Bedrooms 7
Full Baths 4
Year Built 1895
Annual Tax Amount $10,237
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Exceptional opportunity in Prospect Park! This legal 2-family home offers multiple levels of living space, including a partial finished basement, making it a rare and versatile find in today's market. The first-floor apartment features 2 bedrooms, kitchen/dining, full bath plus a bonus space in the finished basement. The second-floor unit offers 2 bedrooms, kitchen/dining, full bath with an additional 3 bedrooms on the third floor, providing flexible living arrangements and strong rental income potential. The home includes 4 full bathrooms. This property is a true handyman special, offering tremendous upside for contractors, investors, or owner-occupants looking to customize and build equity. Priced accordingly, it presents a rare chance to secure a multi-family property at an attractive value. Rental demand in Prospect Park continues to rise, making this an excellent opportunity for long-term investment and strong return potential. Whether you're looking to live in one unit and have the other help pay the mortgage, or expand your investment portfolio, this once in a lifetime hidden gem will not last. Don't miss this unique opportunity! Property being sold in "as is" condition. Property in need of repair ideal for 203k, renovation loans, cash offer. Co-owner holds real estate license. Buyer responsible for C/O inspection.
Location
State NJ
County Passaic
Rooms
Basement Partial, Walkout
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural, See Remarks
Roof Type Asphalt Shingle
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, See Remarks
Others
Senior Community No
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Listed by UNITED REAL ESTATE
