305 Penfield Place

Dunellen NJ 08812

1761 sq. ft.

7501 sq. ft.

Duplex

Last sold for $620,000

Peter Boutros, last sold this property on 17 November 2025 after 131 days on market.

Overview

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!

Features

2 bathrooms

1761 sq. ft. floor area

7501 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Dunellen over the last 12 months, the estimated median property value of 305 Penfield Place is $662.5k.

Median value

$662.5k

Estimated value range

$440k - $730k

Median days on market

Estimated value trend

27%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Dunellen. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 305 Penfield Place

2025

Sold

$620,000

17 Nov 2025 by Peter Boutros

2019

Rented

Undisclosed

01 Jan 2019 by Realty Central Llc

2016

Rented

Undisclosed

18 Jul 2016 by Realty Central Llc

Happy sellers in Dunellen

We have insufficient information to provide an overview of customer satisfaction for Dunellen. Viewing the agent profiles, reviews and sales for Dunellen can provide insights for this location.