139 Fairview Ave
Prospect Park Boro, NJ 07508
Price: $874,900
GSMLS: 4035708Type: 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 RARE investment opportunity in the heart of Prospect Park! Property highlights: 4-family income-producing property, Unit mix: 2BR, 2BR, 1BR, and studio providing diversified rental income & broad tenant appeal. Separate utilities. 1 detached garage. Approximate current monthly rent roll: $6,500/mo. 1 unit is vacant (2 bed), 1 unit is MTM (2 bed), 1 unit is leased at market value (1 bed), 1 unit is leased below market value (studio). Investors have the potential to increase cash flow over time through near future rent adjustments. Ideal for investors seeking stable cash flow and long-term appreciation. Whether you're expanding your portfolio or seeking a solid multi-family investment 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. Easy access to surrounding towns and commuter options. The entire property was not photographed- MUST SEE. Security deposits will be disclosed. Square footage for each unit is approximate, not accurate.
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:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Marisa Watley
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
