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Under contract
  • $499,999

    42 Brown Ave, Prospect Park Boro, NJ 07508

    7beds
    1,882sqft
    : 
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    Multi Family
    Built in 1895
    -- sqft lot
    $-- Zestimate®
    $266/sqft
    $-- HOA

    What's special

    Partial finished basement
    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.
    133 days
    |
    125
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Araya 973-704-1064,

    United Real Estate

    Source: GSMLS,MLS#: 4012535MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • 2 Units, Baseboard - Hotwater, Forced Air, None, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: See Remarks, Gas Water Heater
      Features
      • Bedrooms, Dining Room, Eat-in Kitchen, See Remarks, Eat-In Kitchen
      • Basement: Yes,Partial,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 1,882
      • Total interior livable area: 1,882 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: 2 Car Width, Concrete, Driveway-Exclusive, On Street, See Remarks
      • Uncovered spaces: 4
      Features
      • Levels: 3-Three Story
      • Stories: 3
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      • Features: Corner Lot
      Details
      • Parcel number: 2510000400000000010000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1895

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected, See Remarks

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector
      Location
      • Region: Prospect Park

      Financial & listing details

      • Price per square foot: $266/sqft
      • Tax assessed value: $164,300
      • Annual tax amount: $10,237
      • Date on market: 3/4/2026
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,603/mo

        Price history

        DateEventPrice
        6/19/2026Pending sale$499,999$266/sqft
        Source: GSMLS #4012535 Report a problem
        3/4/2026Listed for sale$499,999+274.9%$266/sqft
        Source: NJMLS #26006666 Report a problem
        7/10/2017Sold$133,369$71/sqft
        Source: Public Record Report a problem
        4/6/2017Sold$133,369+6.9%$71/sqft
        Source: GSMLS #3349471 Report a problem
        3/2/2017Pending sale$124,800$66/sqft
        Source: NJ REO ASSET MANAGEMENT & REALTY, #3349471 Report a problem
        2/14/2017Listed for sale$124,800$66/sqft
        Source: NJ REO ASSET MANAGEMENT & REALTY, #3349471 Report a problem
        12/9/2016Sold--0
        Source: Agent Provided Report a problem
        12/6/2016Pending sale$124,800$66/sqft
        Source: NJ REO ASSET MANAGEMENT & REALTY, #3349471 Report a problem
        11/18/2016Listed for sale$124,800+8.5%$66/sqft
        Source: NJ REO ASSET MANAGEMENT & REALTY, #3349471 Report a problem
        3/21/1995Sold$115,000$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,777 +7.8%$164,300
        2024$9,073 $164,300
        2023$9,073 +2.1%$164,300
        2022$8,885 +0.1%$164,300
        2021$8,874 +4.3%$164,300
        2020$8,504 +1%$164,300
        2019$8,420 +1.4%$164,300
        2018$8,302 +1.3%$164,300
        2017$8,194 +5.7%$164,300
        2016$7,748 -4.6%$164,300
        2015$8,120 +6.2%$164,300 +33.6%
        2014$7,647 -0.8%$123,000
        2013$7,712 +0.9%$123,000
        2012$7,644 +1.6%$123,000
        2011$7,523 +4.3%$123,000
        2010$7,213 $123,000
        2009-- $123,000
        2008-- $123,000
        2007-- $123,000
        2006-- $123,000
        2005-- $123,000
        2004$4,785 $123,000
        2003-- $123,000 +9%
        2002-- $112,800
        2001-- $112,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 07508

        Getting around

        72 / 100
        Very Walkable
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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