2-4 Family Home For Sale in Prospect Park, NJ
 

MLS# : 26006666

Street : 42 Brown Avenue
Price : $499,999
Town : Prospect Park, NJ 07508
Annual Taxes : $10,237

PROPERTY DETAILS

# of Rooms : 13
Bedrooms : 7
Full Baths : 4
Half Baths : 0
Year Built :
Lot Size :
Style :
Heat/Cool :

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

Amenities

This listing is a courtesy of United Real Estate
888-501-6953 office, listing agent Christopher Araya

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny


Sales Associate
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Real estate inventory
Prospect Park
Homes : $595,000 - 595,000 1
Condos : -
Co-ops : -
Twnhs : -
2-4 Fam : $499,999 - 849,999 6
5+ Fam : -
Land : -
Rentals : $1,800 - 2,400 5
Mixd Use : $599,900 - 599,900 1
Com S : -
Com L : -
Biz : $85,000 - 85,000 1


Similar Listings in Prospect Park

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 03/05/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com