Move in ready Multifamily home in Carteret. This property delivers both accessibility and long-term potential. Whether you're looking to generate passive income or live in one unit while renting the other, this is a smart addition to any real estate portfolio. This property sits on a prime location near shopping, schools, and highways. Unit 1 offers two bedrooms, with a brand new bathroom and new floors, freshly painted. Unit 2 offers two bedrooms, and a fully finished attic for recreational purposes. Partially finished basement with private entrance. No worries about parking, this home offers extensive parking can fit up to 4+ cars.
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. This property provides steady income and positive cash flow.
Prime commercial/residential Investment in Carteret! Unlock the potential of this versatile 2-unit home, perfect for investors or house-hackers looking to live in 1 unit & let the other unit, which comes with a lease in place with a local dentist, cover a significant portion of the mortgage. This property features 2 distinct units w/ separate gas & electric meters for each unit, a full basement, and a large detached garage. The upstairs unit has a large walk up attic that could be finished for an additional approx 700 sq ft of living space. Roof approx 15 yrs, H2O 2 years. The location will not disappoint w/ it's close proximity to Woodbridge Train Station, NJ bus, grocery stores, diverse dining, Carteret Park, the URSB Performing Arts & Events Center for concerts/comedy/rooftop dining, & the Carteret Waterfront Park & Marina featuring a picturesque riverwalk/fishing pier/future multimodal ferry terminal. With the upcoming Carteret Ferry Terminal & ongoing waterfront revitalization, area property values have seen a steady increase in value, making this a potential long-term equity builder. Don't miss this turnkey addition to your portfolio!
Prime Two-Family Investment in Carteret! Unlock the potential of this versatile two-family home, perfect for investors or house-hackers looking to live in one unit & let the other unit cover a significant portion of your mortgage. This property features 2 distinct units with separate gas & electric meters for each unit, separate entrances & a spacious, fenced-in backyard. Hot water heaters & boilers are approx 3-4 years old. The location will not disappoint with it's close proximity to Woodbridge Train Station, NJ bus, grocery stores, diverse dining, Carteret Park, the URSB Performing Arts & Events Center for concerts/comedy/rooftop dining, the Carteret Waterfront Park & Marina featuring a picturesque riverwalk/fishing pier/future multimodal ferry terminal. With the upcoming Carteret Ferry Terminal & ongoing waterfront revitalization, area property values have seen a steady increase in value, making this a potential long-term equity builder. Don't miss this turnkey addition to your portfolio!
Excellent opportunity to own a spacious two-family investment property. The property features a total of 5 bedrooms and 3 bathrooms, offering flexible for occupants, or multigenerational living. The home includes a full basement with a full bathroom, providing usable space with potential for storge and recreational. Outside you'll find a large, two car detached garage with a 4-car driveway. Close to schools, shopping, parks, NYC bus line, and ferry coming soon!
Turnkey income producing property built in 2006! This well maintained 2 family home features 2 spacious units, each offering 3 bedrooms and 2 full bathrooms. Both units include central air conditioning and forced hot air heating. The ground level offers a 2 car garage along with laundry facilities for added tenant convenience. With two long term, reliable tenants already in place, this property provides immediate and stable rental income.
Well-maintained two-family home offering a great opportunity for both investors and owner-occupants. The first floor features 2 spacious bedrooms, a bright living room, a beautifully renovated kitchen with updated stainless steel appliances, and a full bathroom complete with a relaxing Jacuzzi tub. The first floor also includes central air conditioning for added comfort. The second floor unit offers 2 bedrooms, a kitchen, and a full bathroom, and is currently rented providing immediate rental income. This property also features a new roof. Situated on a large lot, it offers ample outdoor space with great potential for expansion, entertaining, or future improvements. Conveniently located near shopping, schools, major highways, NYC bus service for an easy commute, and future NYC ferry access. This house is perfect blend of comfort and investment potential don't miss this versatile opportunity!

Carteret is located in New Jersey. Carteret, New Jersey has a population of 25,077. Carteret is more family-centric than the surrounding county with 38.84% of the households containing married families with children. The county average for households married with children is 36.67%.
The median household income in Carteret, New Jersey is $74,583. The median household income for the surrounding county is $96,883 compared to the national median of $69,021. The median age of people living in Carteret is 37.5 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 47.7 inches per year, with 25.1 inches of snow per year.