262 Prospect Ave

7
Baths
5,571 Sq. Ft.
$215 / Sq. Ft.
5,571
Sq. Ft.
$215
per Sq. Ft.

Description

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...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!
  1. Listed by THOMAS BONIAKOWSKI • ERA BONIAKOWSKI REAL ESTATE
  2. Listed by BROOKE BONIAKOWSKI • ERA BONIAKOWSKI REAL ESTATE

Property Details for 262 Prospect Avenue

Year Built
1935
LISTING UPDATED: 07/03/2026 10:24 AM

Property Details for 262 Prospect Avenue

StatusActive Coming Soon
MLS #2618006R
Days on Market-
Taxes$16,081 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / 3 Family
Year Built1935
Lot Size0.19 AC / 8,102 SF
CountyMiddlesex County

Location

Listing Courtesy of ERA BONIAKOWSKI REAL ESTATE, THOMAS BONIAKOWSKI; ERA BONIAKOWSKI REAL ESTATE, BROOKE BONIAKOWSKI
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Building Information for 262 Prospect Avenue

Stories3Residences-Year Built1935Building Size-Lot Size0.19 AC / 8,102 SF

Payment Calculator

$7,315 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,975

Property Taxes

$1,340

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 262 Prospect Avenue

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Attached Garage: Yes
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage, Attached, Oversized, Detached, See Remarks, 4(+)Car Parking, Paved
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $16,081.00
  • Tax Year: 2024
  • Other Fees: $.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 5571.0
  • Living Area: 5571.0
  • Living Area Units: Square Feet
  • Lot Features: Near Shopping, Near Train, Level
  • Lot Size Acres: 0.186
  • Lot Size Area: 0.186
  • Lot Size Dimensions: 200.00 x 81.00
  • Lot Size Square Feet: 8102.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 0300064000000001
  • Photos Count: 65
Utilities
  • Sewer: Public Sewer
  • Community Features: Curbs, Sidewalks
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • 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)
  • Electric: 240 Volt(s), 200 Amp(s)
  • Gas: Natural Gas
  • Heating: Zoned, Forced Air
  • Heating: Yes
  • Interior Features: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,Living Room,2+ Baths,Den/Family Room), Unit 3(Dining Room,3 Bedrooms,Kitchen,Living Room,2+ Baths,Den/Family Room)
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Postal Code: 08812
  • Postal Code Plus4: 1446
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Other Structures: Barn/Stable
  • Basement: Full, Storage Space, Utility Room
  • Bathrooms Total: 7
  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Range/Oven,Refrigerator,Washer), Unit 3(Dryer,Range/Oven,Refrigerator,Washer)
  • Window Features: Insulated Windows, Blinds
  • # Heat Systems: 3
  • Rooms Total: 17.0
  • Basement YN: No
Exterior Features
  • Service: Garbage-Extra Charge
  • Exterior Features: Patio, Barn/Stable, Curbs, Porch(es) - Open, Deck, Door(s)-Storm/Screen, Sidewalk, Fencing/Wall, Windows - Insulated Pane, Yard, Blinds, Porch, Private Entrance, Storage Area-Common, Storage Area-Private
  • Fencing: Fencing/Wall
  • Patio And Porch Features: Patio, Porch(es) - Open, Deck, Porch
  • Roof: Asphalt
  • Stories: 3
  • Stories Total: 3

Property History for 262 Prospect Avenue

DateEvent & SourcePriceAppreciation
Mar 29, 2017

Sold

GSMLS #3350061

$285,000
Mar 28, 2017

Sold

CJMLS #1707350

$285,000
Nov 22, 2016

Listed (Active)

GSMLS #3350061

$264,900
DateEvent & SourcePrice
03/29/2017

Sold

GSMLS #3350061

$285,000
03/28/2017

Sold

CJMLS #1707350

$285,000
11/22/2016

Listed (Active)

GSMLS #3350061

$264,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 262 Prospect Avenue

Taxable ValueLand$118,800Additions$571,200Total$690,000
Tax Record2024$16,081 ($1,340 / month)
Home Facts
Total Finished SqFt5,571 SqFtAbove Grade Finished SqFt5,571 SqFtStories2Lot Size8,102 SqFtStyleTriplexYear Built1935CountyMIDDLESEXAPN03 00064-0000-00001

Schools near 262 Prospect Avenue

This home is within Dunellen Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 6
Rating
School
Distance
John P. Faber Elementary School
PublicPK to 5

Lincoln Middle School
Public6 to 8

Dunellen High School
Public9 to 12

New Life Christian School
PrivateK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

262 Prospect Avenue is a multi-family home Coming Soon in Dunellen, NJ 08812. This property is currently priced at $1,199,000. This listing's school district is Dunellen Public School District. Nearby schools include John P. Faber Elementary School, Lincoln Middle School and Dunellen High School. 262 Prospect Avenue is a 0-bed, 7-bath, 5,571 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA BONIAKOWSKI REAL ESTATE, THOMAS BONIAKOWSKI; ERA BONIAKOWSKI REAL ESTATE, BROOKE BONIAKOWSKI

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 07/05/2026 11:44 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 07/05/2026 11:44 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.