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    128 1St St Dunellen, NJ 08812

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    For Sale
    $399,900

    Investment property in Dunellen with potential for rental income.

    Lot size:
    0.17 Acres

    Property Features for 128 1St St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1920

    Source: COLDWELL BANKER REALTY Agent ALLEN ROSENBERG

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dunellen Duplex Investment Opportunity

    This property in Dunellen presents an investment opportunity. The duplex requires some improvements but offers the potential to generate income. The first-floor apartment includes one bedroom, one bathroom, a formal dining room, and a living room with a fireplace. The second-floor apartment features one bedroom and a full bathroom. A walk-up, fully floored attic is accessible from the second-floor apartment. The property is not located in a flood zone. The property is being sold as is, with the buyer responsible for any inspections and repairs required by the municipality or lender.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dunellen
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4622759
    Latitude
    40.59651

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    FAQs

    What type of property is this?
    Duplex - Investment property in Dunellen with potential for rental income.
    Where is this duplex located?
    The property is located at 128 1St St Dunellen, NJ.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Investment property in desirable Dunellen location.; - Potential to offset mortgage expenses by renting one of the two apartments.; - First floor apartment features a fireplace and formal dining room.
    (908) 754-7511
    Request Owner's contact information
    128 1St St Dunellen, NJ 08812
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    Dunellen, NJ 08812
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 1St St Dunellen, NJ 08812
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