262 Prospect Ave, Dunellen Boro, NJ 08812
262 Prospect Ave, Dunellen Boro, NJ 08812
262 Prospect Ave, Dunellen Boro, NJ 08812
262 Prospect Ave, Dunellen Boro, NJ 08812
262 Prospect Ave, Dunellen Boro, NJ 08812
262 Prospect Ave, Dunellen Boro, NJ 08812
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$ 1,199,000
Est. payment | /mo

8 Beds

7 Baths

5,571 SqFt


Save
$ 1,199,000
Est. payment | /mo
Save

8 Beds

7 Baths

5,571 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,571 sqft

Price per Sqft $215

MLS Listing ID 4058241

Style 3-Three Story

Bedrooms 8

Full Baths 7

Year Built 1935

Annual Tax Amount $16,891

Tax Year 2025

Property Description

Rare 3-family in Dunellen, completely rebuilt and expanded in 2018. Every unit has hardwood floors, an updated kitchen and bath, Andersen windows, its own laundry, and separate utilities. Unit 1 offers 2 bedrooms, 1 bath, and a sunny breakfast nook, all on one level. Unit 2 offers 3 bedrooms and 2 baths, plus finished third-floor space. Unit 3 is the standout: three levels with a 23' primary suite, 3+ bedrooms, 4 full baths, a fireplace, an enclosed porch, finished attic space, and an attached garage with a loft above. It lives like a single-family home. Live in one unit and let the other two help pay the mortgage, or hold all three as a turnkey investment. Current gross rents are $112,800 a year approx 7% cap rate, and tenants pay all of their own utilities. Outside you'll find paver patios, a covered pergola, a deck, parking for 6, and a huge barn/garage with loft storage and workshop space. Natural gas, central air, public water and sewer.

Location

State NJ

County Middlesex

Zoning Residential

Rooms

Basement Unfinished

Interior

Interior Features Blinds, Carbon Monoxide Detector, High Ceilings, Smoke Detector, Walk-In Closet, Wood Floors

Heating Gas-Natural

Cooling Attic Fan, Central Air, Multi-Zone Cooling

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Attached Garage, Detached Garage, Garage Parking, Loft Storage, Oversize Garage, See Remarks

Garage Spaces 2.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Garage Yes

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Schools

Elementary Schools J.P.Faber

Middle Schools Lincoln Ms

High Schools Dunellen

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC

Nearby Locations

Nina Bavosa
Nina Bavosa

Agent License ID: 2080701

+1(908) 510-9094 | nina@ninasellsnj.com

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262 Prospect Ave