84-86 Washington AVE Active

Carteret,NJ 07008

$ 950000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2511357R

Year Built 1935

Annual Tax Amount $14,000

Property Sub-Type 4 Family

Property Description

Fully Occupied Mixed-Use Investment 84-86 Washington Ave, Carteret, NJ Turnkey Property with Immediate Cash Flow An outstanding opportunity to own a fully tenant-occupied, income-generating mixed-use property in a prime Carteret location. This well-maintained asset features two commercial storefronts at the front of the lotboth currently leased to long-term tenantsproviding stable, ongoing rental income. The rear building consists of two updated residential units, each offering 1 bedroom, 1 full bath, hardwood floors, and sleek stainless-steel appliances. The upper apartment includes a spacious attic for additional storage, while both units enjoy private fenced backyards, a highly sought-after amenity for renters. Both residential units are fully rented with reliable tenants already in place. The property includes: Central A/C in commercial units Two full basements for additional storage or potential use Open parking for 3 cars plus a 3-car detached garage, ideal for tenant use or additional income Situated minutes from the NJ Turnpike, Route 1, and other major routes, this location ensures easy access to NYC and strong rental demand. Local schools, shopping, and public transportation are all within reach. Whether you're building your portfolio or seeking a stable, hassle-free asset, 84-86 Washington Ave offers a rare chance to acquire a fully rented property with multiple revenue streams, minimal vacancy risk, and excellent long-term growth potential.

Location

State NJ

County Middlesex

Community Sidewalks

Interior

Heating Electric

Cooling A/C Central - All,A/C Window Unit(s),See Remarks,Unit 3(A/C Central),Unit 4(A/C Central)

Exterior

Exterior Feature Sidewalk,Yard

Community Features Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected

Building

Lot Description See Remarks

Story 2

Sewer Public Sewer

Water Public

Others

Virtual Tour https://www.propertypanorama.com/instaview/msx/2511357R

View More
Favorite Go Tour