$900,000
$999,999
10.0%For more information regarding the value of a property, please contact us for a free consultation.
156 BROWN AVE Prospect Park, NJ 07508
5.5 Baths
Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240015280
Sold Date 03/10/25
Full Baths 5
Half Baths 1
Annual Tax Amount $22,071
Lot Dimensions .46 acre
Property Sub-Type Investment
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
Area Prospect Park
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON-MEMBER