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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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262 Prospect Ave , Dunellen Boro, NJ 08812
$1,199,000
Est. Payment: $6,543.43/mo
8 Bed
7 Bath
5571 Sqft
Status: active | Days on site: 1
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Susan Maryanski
Operator

House 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.

Highlights

Listed by GISEL LAINEZ-JIMENEZ , MP EXP REALTY, LLC , 866-201-6210. Garden State MLS

Property Type

Multi-Family

Year Built

1935

County

Middlesex

Listing ID

4058241

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:7
  • ▪ Full Bathrooms:7
Air Cond:Attic Fan,Central Air,Multi-Zone Cooling
Fireplaces:
Basement:Unfinished
Other:
  • ▪ Additional:Blinds, Carbon Monoxide Detector, High Ceilings, Smoke Detector, Walk-In Closet, Wood Floors
Water:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:6X200 75X200
Zoning:Residential
Roof:Asphalt Shingle
Others:
  • ▪ Additional:BarnStbl, Deck, OpenPrch, Patio, Pergola, ThrmlW&D, FencWood, Workshop, Vinyl Siding, Blacktop, Driveway-Exclusive, On-Street Parking
Sewer:Public Sewer
Parking Features:Attached Garage,Detached Garage,Garage Parking,Loft Storage,Oversize Garage,See Remarks
Principal Interest
$6,543
Taxes
$1,408

Home Price

$1,199,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$239,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,543.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,543.43 $1,407.58 $0.00 $7,951.02
Yearly $78,521.22 $16,891.00 $0.00 $95,412.22
Total $2,355,636.56 $506,730.00 $0.00 $2,862,366.56

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Dunellen Boro, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T22:59:27.000Z

© 2026 Garden State MLS