125 Lincoln Avenue, Carteret, NJ 07008

$650,000
: 2
BD
: 2
BA

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List Price: $650,000
Status: PENDING
Type: Multifamily
MLS#: 22620757
Beds: 2
Baths: 2
Region: Carteret (CAR)
Year Built: 1940

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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!

(908) 208-2699

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