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42 Brown Ave Prospect Park Boro, NJ $ 499,999
42 Brown Ave
$ 499,999
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42 Brown Ave

Prospect Park Boro, NJ, 07508
$ 499,999
Bedrooms7 Baths4.0 Sq 1,882

Monthly Estimate*

$ 3,079

Multi-Family Home for sale in Prospect Park Boro, NJ for $499,999 with 7 bedrooms and 4 full baths. This 1,882 square foot home was built in 1895 on a lot size of 0.06.

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

3-Three Story

Lot Size

0.06

Year Built

1895

Town/City

Prospect Park Boro

County/Region

PASSAIC

MLS | Web ID

4012535

Features
General
Sewer Public Sewer
Heating 2 Units Baseboard - Hotwater Forced Hot Air No Heat
Cooling Window A/C(s)
Utilities Gas-Natural See Remarks
Possession 0-30
Roof Asphalt Shingle
Water Heater Gas
Architectural Style 3-Three Story See Remarks
Year Built 1895
Township Prospect Park Boro
Tax Year 2025
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 13
Full Baths 4
Status Active
Directions North 7th street to Brown Ave
Open Parking Spaces 4
Number Of Units Total 2
Tax Annual Amount 10237
Drive 2 Car Width Concrete Driveway-Exclusive On-Street Parking See Remarks
Standard Status Active
Tax Assessed Value 164300
Town # 2510
Tax Lot 1
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Interior
Basement Partial Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 7
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Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 1882
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
CHRISTOPHER ARAYA

Listing Agent

United Real Estate

Broker

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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$499,999 Listed Price

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42 Brown Ave, Prospect Park Boro, NJ, 07508 is a Multi-Family Home for sale at $499,999 with 1,882 sqft and a lot size of 0.06. 42 Brown Ave has 7 bedrooms, 4.0 baths, and was built in 1895. The property's zip code is 07508 which is in Prospect Park Boro, NJ