139 Fairview Ave, Prospect Park, NJ 07508-1949

Beds
5
Baths
4
Garage
Yes

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Listed byEXP REALTY, LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Number of bathrooms
4
Lot size (acres)
0.11
Year built
9999

Interior features

Basement
Yes, Finished

Exterior features

Horse amenities
Stable

Garage and parking

Garage parking spaces
1

Utilities

Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$15,571

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Garden State MLS MLS®#: 4035708 Last checked:

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