BEDS7
BATHS4 full
MLS#4012535
STATUS
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Walkout
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: 2 Units, Baseboard - Hotwater, Forced Hot Air, No
Lot Size: 0.06 Acres
Roof Type: Asphalt Shingle
Taxes: $10,237
Year Built: 1895
Feature Descriptions
Days on Site: 14
Driveway: 2 Car Width, Concrete, Driveway-Exclusive, On-Street Parking, See Remarks
Exterior: Vinyl Siding
Lot: Corner
Lot Dimensions: 0.06 acre(s)
Sewer: Public Sewer
Utilities: Gas-Natural, See Remarks
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: UNITED REAL ESTATE
Agency Contact: 973-704-1064
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 2,111.70 per month $1,112.78 Principal & Interest $853.08 Property Tax $145.83 Homeowner's InsuranceChange Payment Information
42 Brown Ave | MLS# 4012535
This multi-family property located at 42 Brown Ave, Prospect Park, NJ 07508 is currently listed for sale with an asking price of $499,999. Search Prospect Park real estate on www.realtymark.net today.