Larry Levin, Realtor

42 Brown Ave, Prospect Park, NJ 07508

$499,999
  • 42 Brown Ave, Prospect Park, NJ 07508 Main Photo

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Active
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.

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.livelovephilly.com today.

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: 28
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

Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark

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Estimated Payment

$ 2,111.70 per month $1,112.78 Principal & Interest $853.08 Property Tax $145.83 Homeowner's Insurance

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