262 Prospect Ave Dunellen, NJ $ 1,199,000
262 Prospect Ave
$ 1,199,000
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262 Prospect Ave

Dunellen, NJ, 08812
$ 1,199,000
Bedrooms8 Baths7.0 Sq 5,571

Monthly Estimate*

$ 7,571

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Multi-Family Home for sale in Dunellen, NJ

for $1,199,000 with 8 bedrooms and 7 full baths. This 5,571 square foot home was built in 1935.

A Truly One-of-a-Kind Custom 3-Family That Sets a New Standard! Rarely does a property combine the craftsmanship of a custom home with the income potential of a multi-family investment. Completely rebuilt and thoughtfully expanded in 2018, this exceptional 3-family residence offers the perfect blend of luxury, functionality, and long-term value. Each of the 3 apartments has been beautifully renovated with quality finishes, including hardwood flooring, modern kitchens, updated baths, new Andersen windows, private laundry, and separate utilities making ownership simple and efficient.The showpiece of the property is unit #3, offering more than 2,500 square feet of beautifully designed living space across 3 levels. Featuring 3+ bedrooms, 4 full bathrooms, and an attached garage. It lives more like a custom single-family home than an apartment, making it ideal for an owner-occupant seeking luxury while generating substantial rental income. Outside, the property continues to impress with professionally designed paver patios, a covered pergola, abundant off-street parking, and a spectacular newly rebuilt barn/garage complete with extensive storage space for tenants, hobbies, or future possibilities. Whether you're looking for an owner-occupied residence or a premier investment property, this exceptional home delivers. With current annual rental income exceeding $112,000, outstanding condition, and truly unique amenities, this 3-family home is unlike anything else on the market!

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Multi-Family Coming Soon

Price

$ 1,199,000

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 16,891

Style

3-Three Story

Year Built

1935

Town/City

Dunellen

County/Region

Middlesex

MLS | Web ID

4038049

Features
Interior
Interior Amenities Blinds Carbon Monoxide Detector High Ceilings Smoke Detector Walk-In Closet Wood Floors
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Unit 3 Baths Total 4.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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General
Sewer Public Sewer
Heating Forced Hot Air Multi-Zone
Cooling Attic Fan Central Air Multi-Zone Cooling
Utilities Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 2
Architectural Style 3-Three Story See Remarks
Year Built 1935
Garage Attached Garage Detached Garage Garage Parking Loft Storage Oversize Garage See Remarks
Township Dunellen Boro
Tax Year 2025
Gross Income 112800
County Middlesex
Net Operating Income 83100
Operating Expense 30000
Total Rooms 17
Full Baths 7
Status Coming Soon
Directions North Avenue (Route 28) Then Right on Prospect Avenue.
High School DUNELLEN
Open Parking Spaces 6
Number Of Units Total 3
Elementary School J.P.FABER
Tax Annual Amount 16891
Home Warranty Y/N No
Middle/Junior High School LINCOLN MS
Drive Blacktop Driveway-Exclusive On-Street Parking
Standard Status Coming Soon
Tax Assessed Value 793500
Town # 2103
Tax Lot 1
Farm Assessment No
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Exterior
Exterior Amenities Barn/Stable Deck Open Porch(es) Patio Thermal Windows/Doors Wood Fence Workshop
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 5571
Lot Dimensions 6X200 75X200
Lot Size Acres 0.00
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* Excluded Features
List By
THOMAS BONIAKOWSKI

Listing Agent

Era Boniakowski Real Estate

Broker

tomboniakowski@eabrealty.com

Email

Affordability Calculator

$8,978
Per Month
84%
16%
0%
Monthly Principal & Interest
$7,571
Monthly Property Taxes
$1,408
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291254 Elementary School
289875 Middle School
Dunellen High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2026$1,199,000 Listed Price

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262 Prospect Ave, Dunellen, NJ, 08812 is a Multi-Family Home for sale at $1,199,000 with 5,571 sqft. 262 Prospect Ave has 8 bedrooms, 7.0 baths, and was built in 1935. The property's zip code is 08812 which is in Dunellen, NJ