Investment Property for Sale at 84-86 Washington Avenue in Carteret, NJ for $950,000

84-86 Washington Avenue | Carteret

$950,000 | 0.0 Sq. Ft.

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. CJMLS 2511357R

MLS Listing ID: 
CJMLS 2511357R
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1935
Age: 
0
Living Area: 
0.0
Basement: 
Full, Exterior Entry, Tenant Use, Interior Entry
Interior: 
Dining Room, Kitchen
Construction
Exterior Features: 
Yard
Room Details
Details about the rooms in the building.
Total Rooms: 
1
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric
Cooling System: 
See Remarks
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Dimensions): 
0.00 x 0.00
Public Record
Parcel Number: 
0106402000000011
Annual Tax: 
$14,000.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXP REALTY, LLC

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