156 Brown Ave Active Save Request In-Person Tour Request Virtual Tour
Prospect Park Boro,NJ 07508
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3917314
Year Built 1921
Annual Tax Amount $22,071
Tax Year 2023
Lot Size 0.540 Acres
Property Description
EXCELLENT RARE OPPORTUNITY!!! Two houses on .45 acre property, including one 3-family and one 2-family. 4 apartments are currently tenant occupied. Owner's apartment is a 2/3-bedroom, 1.1 bath first floor residence shown in the photos. Further information and details, including floor plans and photos, are available for all other apartments and can be provided upon request to serious buyers only. All units include separate utilities, washer/dryer hookups and ample parking. Front house was originally built in 1921. Rear house was converted to 2-family in 2014. Apartments are in great condition with updated kitchens. Unit 1 (1st fl) has 2/3 beds, 1.1 baths with laundry in basement. Unit 2 (2nd fl) has 1 bed, 1 bath with access to attic. Unit 3 (1st and 2nd fl) has 2 beds, 1 bath with laundry in basement. Rear house apartments are 10 years old with hardwood floors, central AC and laundry in units. Front house has basement under Unit 1 that is finished, but needs to be renovated. Investors and developers are welcome to inquire. Complete brochure with specs on all apartments, attic, basements, current/projected rent roll and valuation analysis is available to qualified buyers. Respectable cap rate with room to grow. Please do not trespass on property or disturb tenants.
Location
State NJ
County Passaic
Zoning R1
Interior
Heating See Remarks
Cooling See Remarks
Flooring Carpeting, See Remarks, Tile, Wood
Equipment See Remarks
Exterior
Exterior Feature See Remarks
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water