Date
Details
Price
Change
Source
10/11/2026
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
$1,199,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/34
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.
Full Property Details
Full Property Details for 262 Prospect Ave
General
- Price: $1,199,000
- Taxes: $16,891 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4058241
- Updated: Today (10/11/2026)
- Added to Site: Today
Interior
- Number of Rooms: 17
- Interior Features: Blinds, Carbon Monoxide Detector, High Ceilings, Smoke Detector, Walk-In Closet, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: BarnStbl, Deck, OpenPrch, Patio, Pergola, ThrmlW&D, FencWood, Workshop
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached Garage, Detached Garage, Garage Parking, Loft Storage, Oversize Garage, See Remarks
Location
- County: Middlesex
- Driving Directions: North Avenue (Route 28), then right on Prospect Avenue.
School Information
- Elementary School: J.P.FABER
- Middle School: LINCOLN MS
- High School: DUNELLEN
Heating & Cooling
- Cooling Type: Attic Fan, Central Air Conditioning, Multi-Zone Cooling
- Heating Type: Forced Hot Air, Multi-Zone
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Square Feet: 5,571
- Year Built: 1935
- Remodeled/Updated: 2018
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Family Room, Laundry Room, Living Room, Master Bedroom
- Square Feet: 1850
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Porch, Master Bedroom
- Square Feet: 2500
- Levels/Stories: 3
- Fireplaces: 1
- Total Bathrooms: 4
- Bedrooms: 3
Lot Features
- Lot Dimensions: 6 x 200 75 x 200
- Driveway/Sidewalk: Blacktop, Driveway-Exclusive, On-Street Parking
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Expenses: Insurance, Maintenance, See Remarks, Taxes
- Operating Expenses: $30,000
- Assessment Amount: $674,700
- Land Assmt: $118,800
- Tax Amount: $16,891
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 64
- Lot Number: 1
Listed by Exp Realty, Llc
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 262 Prospect Ave —
Exp Realty, Llc
908-246-4935
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 262 Prospect Ave
Tax History
Tax History for 262 Prospect Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,891
5%
$793,500
15%
2024
$16,081
9%
$690,000
8%
2023
$14,742
-2%
$641,200
18%
2022
$15,031
4%
$544,400
—
2021
$14,514
-19%
$544,400
17%
2020
$18,000
5%
$467,000
-16%
2019
$17,197
74%
$554,200
656%
2018
$9,900
4%
$73,300
—
2017
$9,500
4%
$73,300
—
2016
$9,153
3%
$73,300
—
2015
$8,925
3%
$73,300
—
2013
$8,628
—
$73,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 262 Prospect Ave
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 18 hours ago
- 3Beds
- 1Total Bath
- 1,209Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 1,570Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 2Total Baths
Listed by Homesmart First Advantage Realty
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Townhouse
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,173Sq. Ft.
Listed by Debra Ann "Debbie" Meckbach (908) 202-6081
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
Listed by York Realty Co
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 2,096Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Closed
- 7Beds
Listed by Exp Realty, Llc
Sold by Proventus Properties, Llc.
Sold by Proventus Properties, Llc.
262 Prospect Ave, Dunellen, NJ 08812 (MLS# 4058241) is a Multi-Family property with 3 units containing 8 bedrooms and 7 full bathrooms. 262 Prospect Ave is currently listed for $1,199,000 and was received on October 11, 2026. Want to learn more about 262 Prospect Ave? Do you have questions about finding other Multi-Family real estate for sale in Dunellen? You can browse all Dunellen real estate or contact a Coldwell Banker agent to request more information.