84-86 Washington Ave Carteret, NJ 07008
Property details
About 84-86 Washington Ave
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.
Highlights
Virtual tour
Summary
- Appliances: Water Heater
- Interior: Unit 1(1 Bedroom,1 Bath), Unit 2(1 Bedroom,Dining Room,Kitchen,1 Bath,See Remarks), Unit 3(1 Bath,See Remarks), Unit 4(1 Bath,See Remarks)
- Parking: 3-4 Car Parking
- Exterior: Sidewalk, Yard
- Heating: Electric
- Cooling: Other
- List Price: $950,000
- Lot: See Remarks
- Year Built: 1935
- Stories: 2
- MLS Number: 2511357R
- MLS Name: CJMLS API
- Office Name: EXP REALTY, LLC
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Last updated on: 8/1/2025, 2:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
John F. Kennedy Elementary School
Public District PK-5
1.9 mi
•28 Front St
7
Woodland Elementary School
Public District 3-5
2.0 mi
•42 Harrison Ave
5
E. Raymond Appleby Elementary School
Public District 2-5
2.4 mi
•23 Vliet St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $100,333. The most common annual income of people living in Carteret, NJ is between $100k-200k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Tennis
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
IKEA
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Chipotle
Boston Market
Bonefish Grill
What do the neighbors drive?
Jeep
Mazda
Volvo
What do the neighbors listen to?
Alternative
Rock
Talk/Personality
Frequently asked questions
About 84-86 Washington Ave
The listing price of 84-86 Washington Ave property is $950,000.
The property 84-86 Washington Ave is a multi located in Carteret, New Jersey, 07008.
Active Listing: 84-86 Washington Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 84-86 Washington Ave are: John F. Kennedy Elementary School (GreatSchools Rating 4/10), Woodland Elementary School (GreatSchools Rating 7/10), E. Raymond Appleby Elementary School (GreatSchools Rating 5/10), Grace M. Breckwedel Middle School (GreatSchools Rating 4/10), Hatikvah International Academy Charter School (GreatSchools Rating 9/10), Spotswood Memorial Middle School (GreatSchools Rating 4/10), Spotswood High School (GreatSchools Rating 4/10), Monroe Township High School (GreatSchools Rating 5/10), Middlesex County Vocational School East Brunswick (GreatSchools Rating 5/10).
The sq. ft. of 84-86 Washington Ave is not available (source: MLS/tax record).
The year of construction for 84-86 Washington Ave is 1935.
This home is located at 84-86 Washington Ave in Carteret, NJ and zip code 08828. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $950,000.
While more than 5 listings in Carteret, NJ in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. Between May and June 2025, Carteret, NJ real estate market has seen no change in the number of listings . In June 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $500,000.