125 Lincoln Avenue, Carteret, NJ 07008
Middlesex County
Key Facts
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!
Property Information
Property Type
Commercial Sale
Year Built
1940
Stories
2
Living Area
2,176 sq ft
Lot Size
0.13 acres
Lot Dimensions
100.00 x 0.00
Parking Spaces
2
Zoning
R25
Days on Market
4
MLS® Listing#
2700480R
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$11,138
Tax year 2025
Assessed Value
$626,800
Parcel Number
0106003000000001
Directions
Roosevelt Ave to corner of Lincoln Ave
Affordability Calculator
$130,000
Estimated monthly payment
$3,460/mo
Principal $520,000 · Est. interest $725,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Carteret, NJ
- $587,500
- Median Listing Price
- 37
- Median Days on Market
- 1,582
- Median Sq Ft
- $379
- Median Price / Sq Ft
- 66
- Active Listings
- This home’s price is 11% above the area median.
- Its price per sq ft is 21% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Carteret, NJ.
Location
Points of Interest in Carteret, NJ
Showing the Carteret area map.
Nearby Schools
Nathan Hale School
Elementary · 0.2 mi away
St Joseph School
School · 0.3 mi away
Carteret Public Schools
School · 0.4 mi away
Carteret High School
Secondary · 0.5 mi away
Carteret Middle School
Secondary · 0.5 mi away
Gateway School
School · 0.9 mi away
Columbus School
Elementary · 0.9 mi away
Private Nicholas Minue Elementary School
Elementary · 1.0 mi away
Port Reading Elementary School
Elementary · 1.3 mi away
P.S. 26
Elementary · 1.9 mi away
Linden Elementary School
Elementary · 2.5 mi away
Grover Cleveland Elementary School
Elementary · 2.5 mi away
Adult Diagnostic and Treatment Center
School · 2.5 mi away
Pneuma Life School of Ministry
School · 2.6 mi away
New Ventures Charter School
Secondary · 2.6 mi away
Matthew Jago Elementary School
Elementary · 2.6 mi away
Avenel Street School
Elementary · 2.9 mi away
P. S 004 Maurice Wollin
Elementary · 2.9 mi away
St. Theresa of Child Jesus
School · 3.0 mi away
Woodbine Avenue Elementary School
Elementary · 3.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 20 Lincoln Avenue, Carteret, NJ | $465,000 | 3 | 2 | — |
| 85 Hermann Avenue, Carteret, NJ | $469,999 | 3 | 2 | 1,152 |
| 14 Somerset Street, Carteret, NJ | $474,999 | 3 | 3 | — |
| 10 Holmes Street, Carteret, NJ | $483,999 | 3 | 2 | 1,234 |
| 15 Stima Avenue, Carteret, NJ | $484,900 | 3 | 2 | 1,356 |
| 165 Randolph St, Carteret Boro, NJ | $499,000 | 4 | 3 | — |
Moving Cost Estimate
EXIT Agents in Carteret
Listing Courtesy: RE/MAX CENTRAL - 7329721000