For Sale37d on marketHistoric · 131 yrs
42 Brown Ave
Prospect Park, NJ, 07508 • 07508 • Passaic County
$499,999
$266/sqft
Down payment assistance available
7Beds
4Baths
1,882Sqft
0.06 acLot
1895Built
Property DNA
Character Home
Built 1895 · 131 years of history
This home is in high demand
Listed 37 days ago · 1,792 views · 53 saves · Top 10% likely to sell soon
Market activity
Demand and pricing signals for this listing
1,792 views
People checking out this listing
53 saves
Buyers have saved this home
37 days on market
Established listing
$266/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 10% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1895 · Historic
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.
Estimated monthly payment
Based on current rates
$3,125/month
Principal & Interest$2,458
Property Tax$500
Insurance$167
Down payment20% ($100,000)
3%50%
Est. 6.23% rate · 30yr fixed · $399,999 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1895
Heating2 Units, Baseboard - Hotwater, Forced Air, None, Natural Gas
CoolingWindow Unit(s)
Parking4 Parking spaces
Days on Zillow37 Days
Price/sqft$266
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1895
Stories3
Systems
Heating2 Units, Baseboard - Hotwater, Forced Air, None, Natural Gas
CoolingWindow Unit(s)
RoofAsphalt Shingle
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
Parking2 Car Width, Concrete, Driveway-Exclusive, On Street, See Remarks
BasementYes,Partial,Walk-Out Access
Lot2,613 sqft
Location & Tax
Neighborhood07508
Annual tax$10,237
Parcel1000040000000001
Bathrooms & Fees
Full baths4
Features & details
10 categories of property features
Interior Features
Interior
Bedrooms
Dining Room
Eat-in Kitchen
See Remarks
Eat-In Kitchen
Appliances
See Remarks
Gas Water Heater
Heating
2 Units
Baseboard - Hotwater
Forced Air
None
Natural Gas
Cooling
Window Unit(s)
Exterior Features
Parking
2 Car Width
Concrete
Driveway-Exclusive
On Street
See Remarks
Construction
Vinyl Siding
Lot Features
Corner Lot
Security
Carbon Monoxide Detector
Utilities
Natural Gas Connected
See Remarks
Gas
Gas-Natural
Listing insights
Market data and value estimates
StatusFor Sale
Days on market37
Est. rent$2,167/mo
Tax rate2.28%
Price/sqft$266
On marketMar 4, 2026
PostedMar 4, 2026
Last sold$133,369
MLS statusActive
MLS updatedMar 11, 2026
Tour days9
Views1,792
Favorites53
How are the schools in Prospect Park?
2 schools rated nearby
Location
Prospect Park, NJ, 07508
Price history
9 events
DateEventPrice$/sqftSource
Mar 4, 2026Listed For Sale$499,999$266NJMLS
Jul 10, 2017Sold$133,369$71Public Record
Apr 6, 2017Sold$133,369$71GSMLS
Mar 2, 2017Pending Sale$124,800$66NJ REO ASSET MANAGEMENT & REALTY,
Feb 14, 2017Listed For Sale$124,800$66NJ REO ASSET MANAGEMENT & REALTY,
Dec 9, 2016Sold——Agent Provided
Dec 6, 2016Pending Sale$124,800$66NJ REO ASSET MANAGEMENT & REALTY,
Nov 18, 2016Listed For Sale$124,800$66NJ REO ASSET MANAGEMENT & REALTY,
Mar 21, 1995Sold$115,000$61Public Record
Listed For Sale$499,999
Mar 4, 2026•$266/sqft•NJMLS
Sold$133,369
Jul 10, 2017•$71/sqft•Public Record
Sold$133,369
Apr 6, 2017•$71/sqft•GSMLS
Pending Sale$124,800
Mar 2, 2017•$66/sqft•NJ REO ASSET MANAGEMENT & REALTY,
Listed For Sale$124,800
Feb 14, 2017•$66/sqft•NJ REO ASSET MANAGEMENT & REALTY,
Sold—
Dec 9, 20160•Agent Provided
Pending Sale$124,800
Dec 6, 2016•$66/sqft•NJ REO ASSET MANAGEMENT & REALTY,
Listed For Sale$124,800
Nov 18, 2016•$66/sqft•NJ REO ASSET MANAGEMENT & REALTY,
Sold$115,000
Mar 21, 1995•$61/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2025$9,777$164,300
Apr 10, 2024$9,073$164,300
Apr 10, 2023$9,073$164,300
Apr 10, 2022$8,885$164,300
Apr 10, 2021$8,874$164,300
Apr 10, 2020$8,504$164,300
Apr 10, 2019$8,420$164,300
Apr 10, 2018$8,302$164,300
Apr 10, 2017$8,194$164,300
Apr 10, 2016$7,748$164,300
Apr 10, 2015$8,120$164,300
Apr 10, 2014$7,647$123,000
Apr 10, 2013$7,712$123,000
Apr 10, 2012$7,644$123,000
Apr 10, 2011$7,523$123,000
Apr 10, 2010$7,213$123,000
Apr 10, 2009—$123,000
Apr 10, 2008—$123,000
Apr 10, 2007—$123,000
Apr 10, 2006—$123,000
Apr 10, 2005—$123,000
Apr 10, 2004$4,785$123,000
Apr 10, 2003—$123,000
Apr 10, 2002—$112,800
Apr 10, 2001—$112,800
Nearby homes
Neighborhood details
Local context around this listing
Prospect Park, NJ • Passaic County
Nearby cities
CliftonHawthorneLittle FallsPassaicPatersonRingwoodWanaqueWayne
Nearby zip codes
07508
Similar homes
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