CCertihomes
262 Prospect Avenue, Dunellen, NJ 08812

$1,199,000

0 beds 7 baths 5,571 sqft Built 19351 days on marketActive

About this home

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!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$8,632/mo

Real estate (PITI + HOA + PMI)
$8,531
Principal + interest$5,438
Property tax + insurance$2,643
PMI / 2nd mortgage$450
Utilities
$667
Heating + cooling$179
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$121
Car insurance + maintenance$121
Other (entertainment)
$143
$8,632/mo TLC
Budget$9,132/mo
Remaining after TLC$500/mo
Purchase price
$1,199,000
Down payment
$59,950 (5%)
Loan amount
$1,139,050
APR
4%

Quick facts

Type
3 Family
Style
Year built
1935
Lot size
0.186 ac
Stories
3
Heating
Zoned, Forced Air
Cooling
A/C Central - All,A/C Multi-Zone,Attic Fan, Unit 1(A/C Central), Unit 2(A/C Central), Unit 3(A/C Central)
Water
Public
HOA
Annual tax
$16,081
MLS #
2618006R
County
Middlesex

At a glance

Basement
Garage (2)

Home features

Appliances
Water Heater(Gas)Water HeaterUnit 1(DryerRange/OvenRefrigeratorWasher)Unit 2(DryerRange/OvenRefrigeratorWasher)Unit 3(DryerRange/OvenRefrigeratorWasher)
Interior
Unit 1(2 BedroomsKitchen1 BathLiving Room)Unit 2(3 BedroomsKitchenLiving Room2+ BathsDen/Family Room)Unit 3(Dining Room3 BedroomsKitchenLiving Room2+ BathsDen/Family Room)
Exterior
PatioBarn/StableCurbsPorch(es) - OpenDeckDoor(s)-Storm/ScreenSidewalkFencing/WallWindows - Insulated PaneYardBlindsPorchPrivate EntranceStorage Area-CommonStorage Area-Private
Community
CurbsSidewalks
Parking
GarageAttachedOversizedDetached4(+)Car ParkingPaved
Patio & porch
PatioPorch(es) - OpenDeckPorch
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Near Train, Level

Neighborhood — 08812

MetricThis ZIPCountyUSA
Population17,3088,832,837299,088,112
Population Change Since199014.00%14.00%20.00%
Population Density3,3671,137
Male8,5504,307,827147,432,321
Female8,7584,525,010151,655,844
Never Married3,5511,965,81163,775,926
Married7,4023,647,435123,120,365
Separated720391,23912,639,686
Widowed877515,17215,467,586
Divorced1,109529,39323,075,029
Number Of House Hold5,9263,167,345111,826,380
Average House Hold Size2.852.732.60
Medial Age36.8137.1535.46
Median House Hold Income$70,788$63,392$48,276
Average House Hold Income$86,035$83,312$63,629
P C I$30,898$30,662$24,529
M D I$57,699$52,505$41,133
A T H E$63,030$61,369$50,898
S T R7.00%
W C J79.67%81.02%77.74%
(Zip) Code
8812

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 7/8/2026. Provided courtesy of ERA BONIAKOWSKI REAL ESTATE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

262 Prospect Avenue · Dunellen — $1,199,000 · Certihomes