42 Brown Ave, Prospect Park Boro NJ 07508-2048

Property City
Prospect Park Boro
Property Media
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Property Price
$499,999
Bedrooms
7
Year Built
1895
Tax Annual Amount
$10237
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS Status
Active
MLS #
4012535

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.

Yearly Tax Rate
6.231
Year Built (*numeric)
1895
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
7
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
2 Units, Baseboard - Hotwater, Forced Hot Air, No Heat
Lot Size Dimensions
25X100
Property Location

40.93295, -74.17151

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Units: Miles
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762