Listing Details

42 Brown Ave,Prospect Park Boro, NJ 07508-2048

  • March 4, 2026
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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. Buyer responsible for C/O inspection.

Details

Last Updated On: March 4th, 2026 at 2:27 pm
Property ID:PT-30583485-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 499,999 $
Bedrooms:7
Year Built:1895

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 25X100
Lot Identifier: 1
Lot Description: Corner
Lot Identifier: 1

Home Details

Open Parking: 4
Basement: Yes
Basmnt/Desc: Yes - Partial, Walkout
Acreage: 0.06
Total Baths: 4.00
Unit Style: 3-Three Story
Number of Units: 2
Rooms: 13
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: 0-30
Unit 1 Appliances/Equipment: CarbMDet,CookGas,SeeRem
Unit 1 Levels: 1
Unit 1 Rooms: 3
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 1
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen
Unit 2 Appliances/Equipment: Carbon Monoxide Detector
Unit 2 Levels: 1
Unit 2 Rooms: 4
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 1
Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen
Block Identifier: 40
County Number: 25
Town Number: 2510
YB/Desc: 1895 - Approximate
Easement: Unknown
Parking/Driveway Description: 2 Car Width, Concrete, Driveway-Exclusive, On-Street Parking
Block Identifier: 40
County Number: 25
Town Number: 2510
Possession: 0-30

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: 2 Units, Baseboard - Hotwater, Forced Hot Air, No Heat
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2510-00040-0000-00001-0000-
Tax Amount: $10,237.00
Tax Year: 2025
Tax Rate: 6.231%
Tax Rate Year: 2025
Land Assessment: $32,400.00
Building Assessment: $131,900.00
Total Assessment: $164,300.00
FHA Age Restricted: No

Statistics

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