973.595.1500
262 Prospect Ave Dunellen Boro 08812-1446
$1199000

Details

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.

Basic Information

County : Middlesex
Style :
Rooms : 17
Bedrooms : 8
Full Baths : 7
Half Baths : 0
Total Baths : 7
LotSize : 6X200 75X200
Acres : 0
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Bedroom 2 Level :
Bedroom 3 Level :
Bedroom 4 Level :
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Additional Information

Tax Amount : 16891
Tax Year : 2025
Association Fee :
Grade School : LINCOLN MS
Middle School : J.P.FABER
High School : DUNELLEN