42 Brown Ave, Prospect Park, NJ 07508
Local realty services provided by:ERA Reed Realty, Inc.
42 Brown Ave,Prospect Park Boro, NJ 07508
$499,999
- 7 Beds
- 4 Baths
- 1,882 sq. ft.
- Multi-family
- Active
Listed by: christopher araya
Office: united real estate888-501-6953
MLS#:4012535
Source:NJ_GSMLS
Price summary
- Price:$499,999
- Price per sq. ft.:$265.67
About this home
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....
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Home facts
- Year built:1895
- Listing ID #:4012535
- Added:72 day(s) ago
- Updated:May 16, 2026 at 02:10 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:13
- Basement Description:Basement, Partial, Walkout
- Living area:1,882 sq. ft.
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:2 Units, Baseboard - Hotwater, Forced Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1895
- Building area:1,882 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Corner
- Architectural Style:3-Three Story
- Construction Materials:Vinyl Siding
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,999
- Price per sq. ft.:$265.67
- Tax amount:$10,237 (2025)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:2 Car Width, Concrete Driveway, Driveway-Exclusive, On-Street Parking
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