# 262 Prospect Avenue, Dunellen, NJ 08812 > **TL;DR:** 0bd/7ba residential multi family, $1,199,000 ($215/sqft), built 1935, 5,571 sqft. > A/C, 2-car garage. Est. $6,413/mo. Listed 18 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,199,000 | | Price/sqft | $215 | | Bathrooms | 7 full | | Square Feet | 5,571 | | Year Built | 1935 | | Lot Size | 16,200 sqft (0.37 acres) | | Stories | 3 | | Garage | 2-car | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 18 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,063 | | Estimated Insurance | $350 | | **Total** | **$6,413** | ## Key Amenities - A/C - 2-car garage ## Property Highlights - Built in 1935 - 0.37 acre lot - 3 stories ## Description ### Agent Description Rare 3 unit 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 its own house. 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. The back of the property is in a flood zone. ## Location - **Address:** 262 Prospect Avenue, Dunellen, NJ 08812 - **County:** Middlesex - **Coordinates:** 40.586151, -74.463776 - **Google Maps:** https://www.google.com/maps?q=40.586151,-74.463776 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/msx/2706321R ## Listing Agent - **Name:** Gisel Lainez Jimenez - **Brokerage:** eXp Realty, LLC - **Broker Phone:** (866) 201-6210 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/262-Prospect-Ave_Dunellen_NJ_08812_M65669-75259?f=listhub&s=MCMLSNJ&m=2706321R&c=propsimple) ## Photos ![262 Prospect Avenue - Photo 1](http://lh.rdcpix.com/cc59c7cc6f18aa7791afa1a2282e73a4l-f2178200161r.jpg) ![262 Prospect Avenue - Photo 2](http://lh.rdcpix.com/cc59c7cc6f18aa7791afa1a2282e73a4l-f3220684708r.jpg) ![262 Prospect Avenue - Photo 3](http://lh.rdcpix.com/cc59c7cc6f18aa7791afa1a2282e73a4l-f4258930078r.jpg) ![262 Prospect Avenue - Photo 4](http://lh.rdcpix.com/cc59c7cc6f18aa7791afa1a2282e73a4l-f972738416r.jpg) ![262 Prospect Avenue - Photo 5](http://lh.rdcpix.com/cc59c7cc6f18aa7791afa1a2282e73a4l-f2490879517r.jpg) ![262 Prospect Avenue - Photo 6](http://lh.rdcpix.com/cc59c7cc6f18aa7791afa1a2282e73a4l-f2984352130r.jpg) ![262 Prospect Avenue - Photo 7](http://lh.rdcpix.com/cc59c7cc6f18aa7791afa1a2282e73a4l-f4024779923r.jpg) --- **MLS#:** 2706321R | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/262-prospect-avenue-dunellen-nj-08812-e74a6845e8d44bd79c995a9ea52e27d4) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/262-prospect-avenue-dunellen-nj-08812-e74a6845e8d44bd79c995a9ea52e27d4#listing", "url": "https://www.propertysimple.ai/listing/262-prospect-avenue-dunellen-nj-08812-e74a6845e8d44bd79c995a9ea52e27d4", "name": "262 Prospect Avenue, Dunellen, NJ 08812", "description": "Rare 3 unit 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. 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