Primary listing photo
Listing photo 2

42 Brown Ave, Prospect Park, NJ, 07508

7beds
4baths
1,882sqft
$499,999
$266price/sqft
$3,804/moest. monthly cost
$152,160/yrincome needed

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.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1895

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: See Remarks,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Partial,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,See Remarks,Eat-In Kitchen

Heating & Cooling

  • Heating features: 2 Units,Baseboard - Hotwater,Forced Air,None,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,882
  • Total interior livable area: 1,882 sqft

Property

Details

  • Parcel number: 2510000400000000010000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 2,613 sqft
  • Features: Corner Lot
  • Lot size dimensions: 25 x 100

Parking

  • Total spaces: 4
  • Parking features: 2 Car Width,Concrete,Driveway-Exclusive,On Street,See Remarks
  • Uncovered spaces: 4