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$499,999

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 5 days ago
See This Home
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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.

Full Property Details for 42 Brown Ave

General

  • Price: $499,999
  • Taxes: $10,237 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4012535
  • Updated: 3/10/2026
  • Added to Site: 13 day(s) ago

Interior

  • Number of Rooms: 13

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Location

  • County: Passaic
  • Driving Directions: North 7th street to Brown Ave

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 2 Units, Baseboard - Hotwater, Forced Hot Air, No Heat
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas, See Remarks

Structural Information

  • Architectural Style: 3-Three Story, See Remarks
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Partial, Walk-Out
  • Roof: Asphalt Shingles
  • Square Feet: 1,882
  • Year Built: 1895

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, See Remarks
  • Square Feet: 1
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, See Remarks
  • Square Feet: 1
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: 2 Car Width, Concrete, Driveway-Exclusive, On-Street Parking, See Remarks
  • Lot Description: Corner

Financial Considerations

  • Assessment Amount: $131,900
  • Land Assmt: $32,400
  • Tax Amount: $10,237
  • Tax Year: 2025

Disclosures and Reports

  • Block: 40
  • Lot Number: 1

Listed by United Real Estate

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Listing agent

— 42 Brown Ave —

  • United Real Estate

973-704-1064

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 42 Brown Ave

School Districts:Prospect Park Borough School District, Passaic County Manchester Regional School District
NameGradesDistance
Number 1, Prospect Park Elementary School
94 Brown Avenue, Prospect Park, NJ 07508
PK-80.1 mi
Manchester Reg High School
70 Church Street, Haledon, NJ 07508
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 42 Brown Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Listed
$499,999
274.9%
MLS
3/07/2017
Sold
$133,369
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 42 Brown Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,777
9%
$164,300
—
2022
$8,976
1%
$164,300
—
2022
$8,885
—
$164,300
—
2021
$8,874
4%
$164,300
—
2019
$8,504
1%
$164,300
—
2018
$8,420
1%
$164,300
—
2017
$8,302
1%
$164,300
—
2016
$8,194
6%
$164,300
—
2015
$7,748
1%
$164,300
34%
2013
$7,647
—
$123,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by United Real Estate

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42 Brown Ave, Prospect Park, NJ 07508 (MLS# 4012535) is a Multi-Family property with 2 units containing 7 bedrooms and 4 full bathrooms. 42 Brown Ave is currently listed for $499,999 and was received on March 04, 2026. Want to learn more about 42 Brown Ave? Do you have questions about finding other Multi-Family real estate for sale in Prospect Park? You can browse all Prospect Park real estate or contact a Coldwell Banker agent to request more information.

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