NJ
Passaic
Prospect Park Boro
07508
139 Fairview Ave
139 Fairview Ave, Prospect Park Boro, NJ 07508
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Listing Type
Multi Family
Listing Status
Active
31
$874,900

Home Details for 139 Fairview Ave

Price
$874,900
Type
Residential Income
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
4
Square feet
2700
Lot size acres
0.11
County
Passaic
Total rooms
18
Garage
1
Basement
Unfinished
Days on site
90
MLS Listing#
4035708
Property Description

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.

Property Features
  • Cooling Information
    • Window Unit(s)
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • Detached
  • Basement
    • Unfinished
Listing Courtesy: EXP REALTY, LLC - 866-201-6210
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT SOLGAR REALTY
200 Diamond Bridge Ave, Hawthorne, NJ 07506
Office
973 282 8642
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