139 Fairview Ave

Prospect Park Boro, NJ 07508


 

Price: $874,900

GSMLS:  4035708
Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 5
Baths: 4 Full
Garage: 1-Car
Year Built: Unknown
Acres: 0.11
Property Tax: $15,571
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Unfinished
Interior:
Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
50X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
1-Car
Description:
Detached Garage
Parking:
Driveway-Exclusive, See Remarks
Spaces Available:
1
Unit 1
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
3
Room Description:
Kitchen, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Den, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units
Heating Fuel:
Gas-Natural
Cooling:
See Remarks, Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Prospect Park Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$874,900
Tax Amount:
$15,571
Land Assessment:
$53,100
Build. Assessment:
$196,800
Total Assessment:
$249,900
Tax Rate:
6.23
Tax Year:
2025
Listing Information
MLS ID:
4035708
List Date:
06-19-2026
Days On Market:
1
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Marisa Watley
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
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Web: TownsquareVillageLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox