-39 Union Street, Carteret, NJ 07008
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
Listed by: basant m. pal
Office: realtymark select
MLS#:2700673R
Source:NJ_MCMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$376.18
About this home
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....
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Home facts
- Year built:1907
- Subdivision & Development:Mary N Shotwell
- Listing ID #:2700673R
- Added:44 day(s) ago
- Updated:August 26, 2026 at 03:34 PM
Rooms and interior
- Total bathrooms:4
- Rooms Total:7
- Kitchen Description:Kitchen, Refrigerator
- Basement Description:Full, Storage Space
- Living area:2,124 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1907
- Building area:2,124 sq. ft.
- Lot area:0.06 Acres
- Exterior Features:Patio, Storage Shed
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$376.18
- Tax amount:$10,266
Features and amenities
- Appliances:Water Heater
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