125 Lincoln Avenue, Carteret NJ 07008, 1201 - Carteret, NJ 07008
- $650,000
- 1
- BA
- 2,176
- SqFt
- List Price
- $650,000
- Days on Market
- 23
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 2700485R
- Bathrooms
- 1
- Living Area
- 2,176
- Lot Size (Acres)
- 0.1263
- Year Built
- 1940
Property Description
Prime commercial/residential Investment in Carteret! Unlock the potential of this versatile 2-unit home, perfect for investors or house-hackers looking to live in 1 unit & let the other unit, which comes with a lease in place with a local dentist, cover a significant portion of the mortgage. This property features 2 distinct units w/ separate gas & electric meters for each unit, a full basement, and a large detached garage. The upstairs unit has a large walk up attic that could be finished for an additional approx 700 sq ft of living space. Roof approx 15 yrs, H2O 2 years. The location will not disappoint w/ it's close proximity to Woodbridge Train Station, NJ bus, grocery stores, diverse dining, Carteret Park, the URSB Performing Arts & Events Center for concerts/comedy/rooftop dining, & the Carteret Waterfront Park & Marina featuring a picturesque riverwalk/fishing pier/future multimodal ferry terminal. With the upcoming Carteret Ferry Terminal & ongoing waterfront revitalization, area property values have seen a steady increase in value, making this a potential long-term equity builder. Don't miss this turnkey addition to your portfolio!
Additional Information
- Area
- 1201 - Carteret
- Basement Desc
- Full, Storage Space, Interior Entry
- Utilities
- Natural Gas Connected
- Taxes
- $11,138
- Lot Size
- 5,502
- Parking Driveway
- Garage, Detached, 1-2 Car Parking, On Street, Assigned
- Lot Description
- Corner Lot
- Water
- Public
- Basement
- Yes
- Levels
- 2
- Heat Fuel
- Radiators-Hot Water, Forced Air
- Cooling
- A/C Central - Some,A/C Window Unit(s), Unit 1(A/C Central), Unit 2(A/C Unit)
- Water Sewer
- Public Sewer
- Interior
- Unit 1(1 Bath), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
- Garage Capacity
- 2
- Rooms
- 10
- Roof
- Asphalt
- Stories
- 2
- Show Address
- Yes
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Listing courtesy of RE/MAX CENTRAL.
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