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Sold for $490,000
    • $490,000

    246-248 New Market Rd, Dunellen, NJ 08812

    6beds
    2baths
    2,172sqft
    Multi Family
    Built in 1835
    -- sqft lot
    $648,300 Zestimate®
    $226/sqft
    $2,730 Estimated rent

    Home value

    $648,300

    $609,000 - $694,000

    $2,730/mo

    Zestimate® history
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    What's special

    Ranch layoutCape cod layoutSeparate entranceBattery backupRear deckFront porchHot water
    Rare opportunity for investors or owner-occupiers to customize this 2-family under 1/2 mile to train station, downtown, parks & schools. Unit #248 is a Cape Cod layout with 3 to 4 Bedrooms, 1 Bath, Driveway for 4+ cars, Front Porch, & Rear Deck. First floor has Living Room, Kitchen with large Dining Area & 2 Pantry/Coat Closets, Laundry Area, 2 Bedrooms (one bedroom was formerly the family room with double closet & fireplace), and 1 Bath. The 2nd floor features 2 spacious bedrooms, one featuring two skylights. Attached to Unit #248 is a 1-car Garage with separate entrance. Unit #246 is a Ranch layout with 2 Bedroom, 1 Bath, Kitchen with Dining Area & Laundry, Driveway for up to 3 to 4 cars in tandem, Front Porch, and Rear Deck. Separate Utilities - Water, Hot Water, Furnace, Electric & Gas. Both units feature new Hot Water Heaters (2024) & new Furnaces (2024). Two sump pumps, one with battery backup (2023). Unit #248 is vacant & ready for updating. Unit #246 has month-to-month tenant. Sold in strictly AS-IS condition. Located in Flood Zone. Buyer to verify zoning. Lot size & sq. ft. per tax records.

    Zillow last checked:

    Listing updated:

    Listed by:

    JOSEPH RACCUGLIA,

    KELLER WILLIAMS REALTY 908-233-8502

    Source: All Jersey MLS,MLS#: 2408726RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Baseboard Hotwater, Radiators-Hot Water, Separate Furnaces, Hot Water
    Cooling
    • A/C Window Unit(s)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
    Features
    • Unit 1(2 Bedrooms, Kitchen, Laundry Hookup, 1 Bath, Living Room), Unit 2(4 Bedrooms, Kitchen, Laundry Hookup, 1 Bath, Living Room)
    • Flooring: Unit 2 Carpet
    • Basement: Crawl Space, Partial, Storage Space, Tenant Use, Utility Room
    Interior area
    • Total structure area: 2,172
    • Total interior livable area: 2,172 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage, Attached, 4(+)Car Parking, Paved, See Remarks
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: Unit 1 Accessibility Features
    Features
    • Stories: 2
    • Patio & porch: Porch(es) - Open, Deck, Porch
    • Exterior features: Curbs, Porch(es) - Open, Deck, Sidewalk, Yard, Porch, Private Entrance
    Lot
    • Size: 0.27 Acres
    • Dimensions: 102.00 x 117.00
    • Features: Near Shopping, Near Train, Level
    Details
    • Parcel number: 0300073000000002

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1835

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Dunellen

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $444,600
    • Annual tax amount: $8,890
    • Date on market: 4/11/2024
    • Ownership: Fee Simple
    • Lease term: Unit 1(Month-Month)
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/5/2024Sold$490,000$226/sqft
    Source: Public Record Report a problem
    7/2/2024Sold$490,000-1.8%$226/sqft
    Source: All Jersey MLS #2408726R Report a problem
    5/9/2024Contingent$499,000$230/sqft
    Source: All Jersey MLS #2408726R Report a problem
    4/11/2024Listed for sale$499,000+228.3%$230/sqft
    Source: All Jersey MLS #2408726R Report a problem
    1/25/1994Sold$152,000$70/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,151 +8.3%$444,600 +8.3%
    2024$10,293 +15.8%$410,400 +25%
    2023$8,890 -6.8%$328,300 -5%
    2022$9,542 +2.5%$345,600 +15.4%
    2021$9,305 $299,400
    2020-- $299,400
    2019$8,698 +4.2%$299,400 +364.9%
    2018$8,346 +3.8%$64,400
    2017$8,042 +2.6%$64,400
    2016$7,841 +2.2%$64,400
    2015$7,675 +1.2%$64,400
    2014$7,581 +1.4%$64,400
    2012$7,475 +2.7%$64,400
    2011$7,275 +3.8%$64,400
    2010$7,009 +1.4%$64,400
    2009$6,909 $64,400
    2008-- $64,400
    2007$21,193 +7.1%$64,400
    2006$19,794 +8%$64,400
    2005$18,336 $64,400
    2004-- $64,400 +0.3%
    2003-- $64,200
    2002-- $64,200
    2001-- $64,200
    Find assessor info on the county website

    Neighborhood: 08812

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    Estimated market value
    $648,300
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    Estimated market value
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