Coming Soon

262 Prospect Avenue

Dunellen, NJ 08812

$1,199,000

Get Pre-Approved Check your credit

Overview

Bed

Bath

5,571

Sqft

0.19

Acre(Lot)

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!

Property Details

Property Type : Residential Income

Price : $1,199,000

AD Id : 87476160

MLS Id : 2618006R

Lot Size : 0.19 Acre

Living Area Size : 5,571

Year Built : 1935

Garage : 2

County : Middlesex

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 7

Room Information

Rooms Total: 17 Has Basement: Yes Basement: Full, Storage Space
Roofing Information

Asphalt
Interior Features

Storage Roof: Asphalt Appliances: Range, Oven, Gas Water Heater, Water Heater, Refrigerator, Washer Window Features: Insulated Windows, Blinds
Heating & Cooling

Has Heating: Yes Heating: Zoned, Forced Air Has Cooling: Yes Cooling: Attic Fan, Central Air

Building Information

Year Built: 1935 Building Area Total: 5571 Construction Materials: Stone, Vinyl Siding Stories: 3 Patio And Porch Features: Patio, Deck, Porch Private Pool: No
Exterior Features

Exterior Features: Private Entrance

Lot Information

Lot Dimensions: 200.00 x 81.00 Main Square Feet: 0.186 Acres Lot Size Acres: 0.186 Lot Size Square Feet: 8102 Lot Description: Level

Listing Price Information

Listing Price: $1199000

Tax Information

Parcel Number: 0300064000000001 Tax Lot: 1 Tax Block: 64 Tax Year: 2024 Annual Tax: $16081

Parking Information

Garage, Attached, Oversized, Detached, See Remarks, Paved

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

Utility Information

Electricity Connected, Natural Gas Connected, Natural Gas Available
Location Information

Direction: North Avenue (Route 28) to Right on Prospect Avenue. WaterSource: Public

Sell a home like this and save $71,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
241 Orange Street, Dunellen, NJ, 08812	$510,000	--	2	1,872	1,872 SqFt

The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Central Jersey Multiple Listing System, Inc. Real Estate listings held by brokerage firms other than ByOwner are marked with the IDX logo. The Central Jersey Multiple Listing System, Inc. does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for 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 or renting. Information deemed reliable but not guaranteed. Copyright © 2026 Central Jersey Multiple Listing System, Inc. All rights reserved. The Central Jersey Multiple Listing System, Inc. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.

ByOwner last updated this listing 07/06/2026 @ 12:49

MLS: 2618006R LISTED BY: THOMAS BONIAKOWSKI, ERA BONIAKOWSKI REAL ESTATE SOURCE: Central Jersey MLS