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Michelle Burroughs

michellesellshomes@mbarealtor.com +1(908) 224-0499

$ 799,000

Est. payment -/mo

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Open Sun 11AM-3PM

39 Union ST Carteret, NJ 07008

2,124 SqFt

Open House

Sun Jul 19, 11:00am - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,124 sqft

Price per Sqft $376

Subdivision Mary N Shotwell

MLS Listing ID 2700673R

Year Built 1907

Annual Tax Amount $10,266

Tax Year 2025

Lot Size 2,500 Sqft

Acres 0.0574

Lot Dimensions 100.00 x 0.00

Property Sub-Type 2 Family

Source CJMLS API

Property Description

Rare opportunity to acquire a high-income-producing, fully occupied legal two-family property in Carteret. The majority of the home was rebuilt in 2023, with the original foundation dating back to 1907 retained. The seller invested extensively in the property with the intention of holding it as a long-term investment, completing major upgrades that include two NEW boilers / heating systems, COMPLETE new exterior siding, NEW windows, NEW electrical and plumbing systems, a partially upgraded roof, with 2 NEW kitchens and 4 NEW full baths. Both units received additional interior renovations in 2026, including NEW hardwood flooring throughout. The property offers a total of seven bedrooms and four full bathrooms, 2 kitchens with an open format concept, stable tenants with a consistent payment history, and EXCELLENT existing rental performance. Additional value-added features include TWO coin-operated laundry machines, a hardwired three-camera security system with, two separate basements providing substantial storage, and newer side- and backyard pavers. Located approximately half a block from a newly renovated park and turf field, the property also offers convenient access to shopping, schools, public transportation, and major roadways. This turnkey investment presents an OUTSTANDING opportunity for investors seeking immediate cash flow, tenant stability, and a substantially upgraded multifamily property in Middlesex County. The seller had planned to retain the property long term and is selling solely because the funds are needed for the new construction of a personal residence. Prior rental and payment history will be made available to QUALIFIED buyers.

Location

State NJ

County Middlesex

Zoning R50

Rooms

Other Rooms Shed(s)

Basement Full, Storage Space

Interior

Interior Features Unit 1(Dining Room, 3 Bedrooms, Kitchen, Living Room, 2+ Baths), Unit 2(Dining Room, 4 Bedrooms, Kitchen, 2+ Baths)

Heating Baseboard

Cooling None

Appliance Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator)

Heat Source Natural Gas

Exterior

Exterior Feature Patio, Storage Shed

Utilities Available See Remarks

Porch Patio

Building

Lot Description See Remarks

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0107603000000012

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2700673R

Listed by REALTYMARK SELECT

Michelle Burroughs

39 Union ST Carteret, NJ 07008

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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39 Union ST