BEDS8
BATHS7 full
MLS#4058241
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Attic Fan, Central Air, Multi-Zone Cooling
Fenced: Yes
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
BarnStbl
Deck
OpenPrch
Patio
Pergola
ThrmlW&D
FencWood
Workshop
Feature Descriptions
Days on Site: 5
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: EXP REALTY, LLC
Agency Contact: 908-246-4935
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 4,425.75 per month $2,668.45 Principal & Interest $1,407.58 Property Tax $349.71 Homeowner's InsuranceChange Payment Information
262 Prospect Ave | MLS# 4058241
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 www.realtymark.net today.