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, Dunellen Boro NJ 08812-1446
Property City
Dunellen Boro
Property Price
$1,199,000
Bedrooms
8
Year Built
1935
Tax Annual Amount
$16891
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.00
MLS Status
Active
MLS #
4038049
Yearly Tax Rate
2.448
Year Built (*numeric)
1935
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
7
Basement (*text)
Yes
Cooling (*text)
Attic Fan, Central Air, Multi-Zone Cooling
GarageSpaces
2
Heating
Forced Hot Air, Multi-Zone
Lot Size Dimensions
6X200 75X200
Data import from
GSMLS