262 Prospect Ave | Image 1
New
262 Prospect Ave | Image 2
262 Prospect Ave | Image 3
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262 Prospect Ave | Image 7

$1,199,000

For Sale

17 hours ago

262 Prospect Ave, Dunellen

House

MLS® 4058241

8 Bed

7 Bath

--

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $16,891
Days Active 0
Lot Size 
Approx. Age 1935
MLS® Number 4058241

Property Address: 262 Prospect Ave, Dunellen, NJ, 08812-1446

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number4058241
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1935
BasementUnfinished
DrivewayBlacktop, Driveway-Exclusive, On-Street Parking
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: Forced Hot Air, Multi-Zone
A/CAttic Fan, Central Air, Multi-Zone Cooling

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 11, 2026List Date
$1,199,000List Price
Jan 14, 2024End Date
$2,900Sold Price

Leased

Jan 3, 2024List Date
$2,900List Price
  • Commute

Commute

Starting Address
Destination Address
262 Prospect Ave, Dunellen,

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