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-84-86 Washington Avenue, 
Carteret, NJ 07008

$950,000


Bed


Bath


-

Sq Ft


Multi-Family


Virtual Tour

Active

eXp Realty, LLC.

Last updated:

August 2, 2025, 03:50 PM

MLS#

2511357R

Source:

NJ MCMLS

About This Home

-84-86 Washington Avenue

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.

Home Facts

Multi-Family

Built in 1935

Price Summary

950,000

MLS #:

2511357R

Last Updated:

August 2, 2025, 03:50 PM

Added:

4 month(s) ago


Structure

Structure

Year Built:

1935


Finances & Disclosures

Finances

Price:

$950,000

Source:NJ MCMLS
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