139 Fairview Ave, Prospect Park Boro NJ 07508-1949

Property City
Prospect Park Boro
Property Price
$874,900
Bedrooms
5
Year Built
9999
Tax Annual Amount
$15571
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.11
MLS Status
Active
MLS #
4035708

Exceptional and rare investment opportunity in the heart of Prospect Park! This income-producing 4-family property features a desirable unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio apartment, offering diversified rental income and broad tenant appeal. Property highlights include separate utilities and a detached garage. The current rent roll is approximately $6,500 per month. One 2-bedroom unit is currently vacant, providing immediate leasing potential at market rent. An additional 2-bedroom unit is rented on a month-to-month basis, the 1-bedroom unit is leased at market value, and the studio is currently rented below market value, offering future income growth opportunities. Investors have the potential to increase cash flow through future rent adjustments and strategic management. Whether you're expanding an existing portfolio or seeking a stable multi-family asset with upside potential, this property presents an excellent opportunity in a strong rental market. Conveniently located near shopping, dining, parks, schools, and major transportation routes, with easy access to surrounding towns and commuter options.The entire property has not been photographed and must be seen to be fully appreciated. Security deposit information will be disclosed. All square footage figures are approximate and should not be relied upon as exact measurements.

Yearly Tax Rate
6.231
Year Built (*numeric)
9999
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
See Remarks, Window A/C(s)
GarageSpaces
1
Heating
4+ Units
Lot Size Dimensions
50X100
Property Location

40.93448, -74.17594

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Units: Miles
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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762