Property

Dunellen Boro, NJ 08812 742 Walnut Street

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Presented By: ERA BONIAKOWSKI REAL ESTATE; 732-968-0700
  • MLS# 3979983
  • 08/07/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Full/Half Baths • 2 / 2
  • Garage • 2

Home Details

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!
Presented By: ERA BONIAKOWSKI REAL ESTATE; 732-968-0700

Interior Features for 742 Walnut Street

Bedrooms

Total Bedrooms4
Unit 1 Beds Total2
Unit 2 Beds Total2

Bathrooms

Half Baths2
Unit 1 Baths Total1.5
Unit 2 Baths Total1.5

Other Interior Features

Unit 1 Sq Ft1400
Unit 2 Sq Ft1400
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Unit 2 Appl/EquipCarbon Monoxide Detector, Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
BasementUnfinished
Fuel TypeGas-Natural
Interior AmenitiesCarpeting, Smoke Detector

Other Rooms

Unit 2 Rooms5
Unit 1 Rooms5
Unit 1 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom
Unit 2 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom

General for 742 Walnut Street

Architectural Style2-Two Story, Under/Over
Cooling2 Units, Central Air
CountyMiddlesex
DirectionsProspect Or South Madison To West on Walnut Street
Drive2 Car Width, Blacktop, Driveway-Exclusive, Off-Street Parking
EasementUnknown
Elementary SchoolJ.P.FABER
Farm AssessmentNo
Full Baths2
GarageAttached Garage, Garage Door Opener, Garage Parking
Garage Spaces2
Gross Income60000
Heating2 Units, Forced Hot Air
High SchoolDUNELLEN
Home Warranty Y/NNo
Middle/Junior High SchoolLINCOLN MS
Net Operating Income46000
Number Of Units Total2
Open Parking Spaces2
Operating Expense14000
PossessionAt Closing
RoofAsphalt Shingle
ServicesCable TV Available
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11316
Tax Assessed Value518900
Tax Lot17.01
Tax Year2024
Total Rooms10
Town #2103
TownshipDunellen Boro
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1987

Exterior for 742 Walnut Street

Exterior AmenitiesPatio, Storage Shed, Thermal Windows/Doors
Exterior DescriptionVinyl Siding
Lot Dimensions50 X 133
Lot FeaturesLevel Lot, Open Lot
Lot Size Acres0.15
Water SourcePublic Water

Additional Details

Price History

Schools

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

Brian Lee

Associate
Price $689,900
MLS#3979983
List Date 08/07/2025
Property Type Multi-Family
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