Map
Listed price in listed location currency (USD).
$799,000

040

MLS® 2700673R

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2124 sqft
Garage 
Taxes $10,266
Days Active 10
Lot Size 0.0574 Acres
Approx. Age 1907
Avg. Price Per Sqft $376
MLS® Number 2700673R

Property Address: 39 Union St, Carteret, NJ, 07008-3323

Average square foot calculated using Size range provided by listing agent.

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. This property provides steady income and positive cash flow.
MLS® Number2700673R
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1907
BasementFull, Storage Space
Driveway
Garage Spaces
HeatBaseboard
A/CNone

Extras

Price History

Jan 1, 1800End Date
Not Sold YetSold Price

For Sale

Jul 12, 2026List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
39 Union St, Carteret, NJ

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