Property

Carteret, NJ 07008 84-86 Washington Avenue

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Presented By: EXP REALTY, LLC
  • MLS# 2511357R
  • 04/03/2025
  • Request Tour
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  • Beds • 2
  • Baths • 4

Home Details

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.
Presented By: EXP REALTY, LLC

Interior Features for 84-86 Washington Avenue

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths

Other Interior Features

BasementFull, Exterior Entry, Tenant Use, Interior Entry, Laundry Facilities
Heating Y/NYes
Interior AmenitiesUnit 1(1 Bedroom, 1 Bath), Unit 2(1 Bedroom, Dining Room, Kitchen, 1 Bath, See Remarks), Unit 3(1 Bath, See Remarks), Unit 4(1 Bath, See Remarks)
Total Stories2

General for 84-86 Washington Avenue

AppliancesWater Heater(Electric, Gas), Water Heater
Carport Spaces
Carport Y/NNo
CityCarteret
Close Price
Community FeaturesSidewalks
CoolingA/C Central - All, A/C Window Unit(s), See Remarks, Unit 3(A/C Central), Unit 4(A/C Central)
CountyMiddlesex
Full Baths
Garage Spaces
Garage Y/NNo
Gas Y/NNatural Gas
HeatingElectric
Living Area UnitsSquare Feet
Lot Size Square Feet
ModificationTimestamp2025-08-01T16:35:15.000Z
Ok to LeaseUnit 1(No Lease)
OwnerPaysUnit 1 Owner Pays(Electric, Water, Gas), Unit 2 Owner Pays(Electric, Water, Gas), Unit 3 Owner Pays(Electric, See Remarks, Water, Gas), Unit 4 Owner Pays(Electric, See Remarks, Water, Gas)
OwnershipFee Simple, See Remarks
Property Subtype4 Family
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount14000
Tax Year0
Total Rooms1
UtilitiesElectricity Connected, Natural Gas Connected
Virtual TourClick here
Year Built1935

Exterior for 84-86 Washington Avenue

Building Area Total
Covered Spaces
Exterior AmenitiesSidewalk, Yard
Lot Dimensions0.00 x 0.00
Lot FeaturesSee Remarks
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Parking Features3-4 Car Parking
Water SourcePublic

Additional Details

Price History

Aneesa Pinheiro

Associate
Price $950,000
MLS#2511357R
List Date 04/03/2025
Property Type Multi-Family
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