$689,900

742 Walnut St Unit A Dunellen, NJ 08812

Estimated payment $4,720/month

Total Views 2,172
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Thermal Windows
  • Patio
  • Private Driveway
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

Outstanding Custom Built 2-Family situated in an excellent neighborhood-just minutes from top rated schools, downtown shopping and dining and the train station for an easy commute. The house features 2 very spacious apartments with all separate utilities, 2-car garage, front and side entrances, 2 storage sheds, and so much more. The original house plan was for 3 bedrooms in each apt., but the owner opted to remove a wall to create a charming formal Dining Room. The versatile floorplan can easily be converted to a 3-Bedroom setup by simply adding a wall and door, making this home ideal for a growing household or maximizing rental income. Whether you're looking for a lucrative investment property or a comfortable owner-occupied residence, this home checks all the boxes. Recent upgrades to the home include newer gas H/A furnaces, central A/C, and a newer roof (approx. 10 years) for peace of mind. Although the property is technically located in a designated flood zone, the house has never had water and flood insurance is very affordable at less than $900/year. Don't miss this exceptional opportunity!

Listing Agent

Thomas Boniakowski

ERA BONIAKOWSKI REAL ESTATE Brokerage Phone: 732-968-0700 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,316

Year Built

  • Built in 1987

Lot Details

  • 50 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway
  • Parking Garage Space
  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • Thermal Windows
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • J.P.Faber Elementary School
  • Lincoln Middle School
  • Dunellen High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Net Operating Income $46,000

Listing and Financial Details

  • Assessor Parcel Number 2103-00054-0000-00017-0001-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,316

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 2-Two Story, Under/Over
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Middlesex
  • Street Number Display: 742
  • Directions: Prospect Or South Madison To West on Walnut Street
  • I D: 5376510
  • Modified: 2025-08-07
  • Number Images: 39
  • Attribution Contact: 732-968-0700
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carpeting, Smoke Detector
  • Total Number Rooms: 10
  • Bedrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Storage Shed, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, Garage Parking
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: J.P.FABER
  • Middle School: LINCOLN MS
  • High School: DUNELLEN
  • High School: DUNELLEN
  • Middle Jr High School: LINCOLN MS

Lot Info

  • Lot Size: 50 X 133
  • Assessed Improvement Value: 429100
  • Assessed Land Value: 89800
  • Assessment: 518900
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 17.01
  • Lot I D Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 11316
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2103-00054-0000-00017-0001-
  • Tax Rate Amount: 2.508
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

MLS Schools

  • Grade School: J.P.FABER

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,868 $451,200 $89,800 $361,400
2023 $11,868 $447,500 $89,800 $357,700
2022 $12,757 $471,100 $89,800 $381,300
2021 $11,541 $405,500 $89,800 $315,700
2020 $12,092 $380,000 $86,700 $293,300
2019 $11,541 $380,000 $86,700 $293,300
2018 $11,082 $83,900 $19,500 $64,400
2017 $10,623 $83,900 $19,500 $64,400
2016 $10,477 $83,900 $19,500 $64,400
2015 $9,966 $83,900 $19,500 $64,400
2014 $9,749 $83,900 $19,500 $64,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $689,900 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

About the Listing Agent

Thomas Boniakowski

ERA BONIAKOWSKI REAL ESTATE

(732) 479-8886

Section Image

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Source: Garden State MLS

MLS Number: 3979983

Garden State MLS

APN: 03-00054-0000-00017-01