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42 Brown Avenue Prospect Park, NJ $ 499,999
42 Brown Avenue
$ 499,999
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42 Brown Avenue

Prospect Park, NJ, 07508
$ 499,999
Bedrooms7 Baths4.0

Monthly Estimate*

$ 3,079

Multi-Family Home for sale in Prospect Park, NJ

for $499,999 with 7 bedrooms and 4 full baths.

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. Co-owner holds real estate license. Buyer responsible for C/O inspection.

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Multi-Family Active

Price

$ 499,999

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,237

Style

2 Family

Town/City

Prospect Park

County/Region

Passaic

MLS | Web ID

26006666

Features
General
Utilities Electricity Connected Natural Gas Connected
Architectural Style 2 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 13
Full Baths 4
Status Active - Active
City Prospect Park
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details Pre 1900 Build Prior to 1978
Tax Annual Amount 10237.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 7
Total Baths 4
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* Excluded Features

Affordability Calculator

$3,932
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$853
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$499,999 Listed Price

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42 Brown Avenue, Prospect Park, NJ, 07508 is a Multi-Family Home for sale at $499,999. 42 Brown Avenue has 7 bedrooms and 4.0 baths. The property's zip code is 07508 which is in Prospect Park, NJ