305 Penfield Pl

Baths
1,761 Sq. Ft.
$352 / Sq. Ft.
1,761
Sq. Ft.
$352
per Sq. Ft.

Description

Step into a smart investment opportunity in a highly sought-after Dunellen neighborhood! This charming multi-family home features 3 spacious bedrooms across 2 fully tenant-occupied units, generating steady rental income from day one. The property boasts a beautifully maintained lawn, private driveway, and a generous backyard with a deck perfect for outdoor entertaining or relaxing evenings. Located on a quiet residential street just minutes from NJ Transit, schools, parks, and shopsthis home offers...Step into a smart investment opportunity in a highly sought-after Dunellen neighborhood! This charming multi-family home features 3 spacious bedrooms across 2 fully tenant-occupied units, generating steady rental income from day one. The property boasts a beautifully maintained lawn, private driveway, and a generous backyard with a deck perfect for outdoor entertaining or relaxing evenings. Located on a quiet residential street just minutes from NJ Transit, schools, parks, and shopsthis home offers both comfort and convenience. Whether you're looking to grow your portfolio or live in one unit while renting the other, this is a must-see opportunity!
  1. Listed by PETER BOUTROS • EXP REALTY, LLC

Property Details for 305 Penfield Place

Year Built
1926
LISTING UPDATED: 11/17/2025 04:35 PM

Property Details for 305 Penfield Place

StatusClosed
MLS #2600290R
Days on Market28
Taxes$12,527 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2 Family
Year Built1926
Lot Size0.17 AC / 7,501 SF
CountyMiddlesex County
Add your commute

Building Information for 305 Penfield Place

Stories1Residences-Year Built1926Building Size-Lot Size0.17 AC / 7,501 SF

Payment Calculator

$4,066 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,022

Property Taxes

$1,044

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 305 Penfield Place

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: 1-2 Car Parking
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $12,527.00
  • Tax Year: 2024
  • Other Fees: $.00
Property
Lot Information
  • Building Area Total: 1761.0
  • Living Area: 1761.0
  • Living Area Units: Square Feet
  • Lot Features: Irregular Lot
  • Lot Size Acres: 0.1722
  • Lot Size Area: 0.1722
  • Lot Size Dimensions: 150.00 x 0.00
  • Lot Size Square Feet: 7501.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 0300074000000002
  • Photos Count: 53
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s),A/C Window Unit(s)
  • Gas: Natural Gas
  • Heating: Forced Air
  • Heating: Yes
  • Interior Features: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Kitchen,1 Bath)
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Postal Code: 08812
  • Postal Code Plus4: 1628
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Basement: Finished, Recreation Room, Laundry Facilities
  • Bathrooms Total: 0
  • Appliances: Water Heater(Gas), Water Heater
  • # Heat Systems: 1
Exterior Features
  • Service: Garbage-Extra Charge
  • Exterior Features: Patio, Deck, Porch
  • Patio And Porch Features: Patio, Deck, Porch
  • Roof: Asphalt
  • Stories: 1
  • Stories Total: 1

Property History for 305 Penfield Place

DateEvent & SourcePriceAppreciation
Nov 16, 2025

Sold

CJMLS #2600290R

$620,000
Oct 13, 2025

Sold (Public Record)

Public Record #1922123429

$620,000

+2.9% / yr

Aug 5, 2025

Active Under Contract

CJMLS #2600290R

Jul 7, 2025

Listed (Active)

CJMLS #2600290R

$575,000
Dec 5, 2008

Sold

GSMLS #2585342

$385,000
Dec 4, 2008

Sold

CJMLS #905076

$385,000
Dec 4, 2008

Sold

CJMLS #905076

$385,000
Dec 4, 2008

Sold (Public Record)

Public Record #595472058

$385,000
Dec 4, 2008

Sold (Public Record)

Public Record #595472058

$385,000
Oct 1, 2008

Listed (Active)

GSMLS #2585342

$399,900
Sep 30, 2008

Listed (Active)

CJMLS #905076

$399,900
Sep 30, 2008

Listed (Active)

CJMLS #905076

$399,900
DateEvent & SourcePrice
11/16/2025

Sold

CJMLS #2600290R

$620,000
10/13/2025

Sold (Public Record)

Public Record #1922123429

$620,000

+2.9% / yr

08/05/2025

Active Under Contract

CJMLS #2600290R

07/07/2025

Listed (Active)

CJMLS #2600290R

$575,000
12/05/2008

Sold

GSMLS #2585342

$385,000
12/04/2008

Sold

CJMLS #905076

$385,000
12/04/2008

Sold

CJMLS #905076

$385,000
12/04/2008

Sold (Public Record)

Public Record #595472058

$385,000
12/04/2008

Sold (Public Record)

Public Record #595472058

$385,000
10/01/2008

Listed (Active)

GSMLS #2585342

$399,900
09/30/2008

Listed (Active)

CJMLS #905076

$399,900
09/30/2008

Listed (Active)

CJMLS #905076

$399,900

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

Public Records for 305 Penfield Place

Taxable ValueLand$106,800Additions$404,000Total$510,800
Tax Record2024$12,527 ($1,044 / month)
Home Facts
Total Finished SqFt1,761 SqFtAbove Grade Finished SqFt1,761 SqFtStories1Lot Size7,500 SqFtStyleDuplexYear Built1926CountyMIDDLESEXAPN03 00074-0000-00002

Schools near 305 Penfield Place

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.

Neighborhood Map and Transit

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Listing Courtesy of EXP REALTY, LLC, PETER BOUTROS

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: 01/31/2026 09:19 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: 01/31/2026 09:19 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.