125 Lincoln Avenue Carteret, NJ 07008

Other MLS #: 2700480R Courtesy Of Rimos International Inc DBA Re/Max Central

$650,000

1 baths | 1 half baths | 2,176 sq ft
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Property InformationDescription

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!

Features

  • Age: Over 50 Years Old
  • Appliance: Refrigerator
  • Building Units: 1
  • Cooling System: Window Unit(s)
  • Cooling System: Central Air
  • Exterior Type: Brick
  • Floor Covering: Wood
  • Floor Covering: Carpet
  • Floors: 2
  • Heating System: Radiant
  • Heating System: Forced Air
  • MLSID: 2700480R
  • Roof Type: Asphalt
  • Rooms: Bathroom 2
  • Rooms: Bathroom 1

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125 Lincoln Avenue, Carteret, NJ 07008
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