262 Prospect Ave, Dunellen, NJ 08812

$1,199,000
  • 262 Prospect Ave, Dunellen, NJ 08812 Main Photo

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Active
BEDS8 BATHS7 full MLS#4038049
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

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!

262 Prospect Ave | MLS# 4038049

This multi-family property located at 262 Prospect Ave, Dunellen, NJ 08812 is currently listed for sale with an asking price of $1,199,000. Search Dunellen real estate on mainlinemanny.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Attic Fan, Central Air, Multi-Zone Cooling
Fuel Type: Gas-Natural
Garage: 2
Heating: Forced Hot Air, Multi-Zone
Lot Size: 6X200 75X200
Roof Type: Asphalt Shingle
Taxes: $16,891
Year Built: 1935

Amenities

Blinds
Carbon Monoxide Detector
High Ceilings
Smoke Detector
Walk-In Closet
Wood Floors
Barn/Stable
Deck
Open Porch(es)
Patio
Thermal Windows/Doors
Wood Fence
Workshop

Feature Descriptions

Days on Site: 15
Driveway: Blacktop, Driveway-Exclusive, On-Street Parking
Exterior: Vinyl Siding
Lot: Level Lot
Lot Dimensions: 6X200 75X200
Parking Notes: Attached Garage, Detached Garage, Garage Parking,
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water

Local Schools

High School: DUNELLEN
Middle School: LINCOLN MS
Elementary School: J.P.FABER

Listed By / Shown By

Listed By

Agency Name: ERA BONIAKOWSKI REAL ESTATE
Agency Contact: 732-968-0700

Shown By

Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark

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Estimated Payment

$ 4,425.75 per month $2,668.45 Principal & Interest $1,407.58 Property Tax $349.71 Homeowner's Insurance

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