262 Prospect Ave, Dunellen Boro, NJ 08812

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,199,000
MLS#
4058241
Dom
1
Year Built
1935
Status
ACTIVE
County
Middlesex
City
Dunellen Boro
Bedrooms
8
Bathrooms
7
Baths Full
7

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.

Additional Information

Taxes
$16,891
Cooling
Attic Fan, Central Air, Multi-Zone Cooling
Exterior
Vinyl Siding
Garage Spaces
2
Garage Description
Attached Garage, Detached Garage, Garage Parking, Loft Storage, Oversize Garage, See Remarks
Heating
Forced Hot Air, Multi-Zone
Interior
Blinds, Carbon Monoxide Detector, High Ceilings, Smoke Detector, Walk-In Closet, Wood Floors
Roof
Asphalt Shingle
Elementary School
J.P.FABER
Middle School
LINCOLN MS
High School
DUNELLEN
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot
Exterior Features
BarnStbl, Deck, OpenPrch, Patio, Pergola, ThrmlW&D, FencWood, Workshop
Garage Description
Attached Garage, Detached Garage, Garage Parking, Loft Storage, Oversize Garage, See Remarks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of EXP REALTY, LLC, Contact: 908-246-4935

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.

Copyright 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Updated: