84-86 Washington Ave, Carteret, NJ Fully Occupied Mixed-Use Property Don't miss this turnkey investment opportunity in Carteret! This mixed-use property is fully rented, giving you steady income from day one. Up front, there are two commercial units, both leased to long-term tenants. Behind them, you'll find a two-family residential building with two updated 1-bedroom, 1-bath apartments. Each apartment features hardwood floors, stainless-steel appliances, and private fenced backyards. The upstairs unit also has a spacious attic for storage. The property includes driveway parking, two full basements, and central A/C in the commercial spaces. Located just minutes from the NJ Turnpike, Route 1, shopping, schools, and public transportation, this property offers both convenience and strong rental demand. A rare chance to own a fully occupied, income-producing property with multiple revenue streams and long-term growth potential.
Sold for $852,000
$852,000
84-86 Washington Ave, Carteret, NJ 07008
2beds
2baths
--sqft
Multi Family
Built in 1935
-- sqft lot
$860,400 Zestimate®
$--/sqft
$2,557 Estimated rent
Home value
$860,400
$783,000 - $946,000
$2,557/mo
Zestimate® history
Owner options
List your home for rent
$2,557/mo
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$2,557/mo
Rent Zestimate®
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$5,923/mo
Est. payment
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$5,923/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
FARHAD KARIMI,
EXP REALTY, LLC 866-201-6210
Source: All Jersey MLS,MLS#: 2511357R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric
Cooling
- A/C Central - All, A/C Window Unit(s), See Remarks, Unit 3(A/C Central), Unit 4(A/C Central)
Appliances
- Included: Water Heater(Electric, Gas), Water Heater
Features
- 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)
- Basement: Full, Exterior Entry, Tenant Use, Interior Entry, Laundry Facilities
Interior area
- Total structure area: 0
Property
Parking
- Parking features: 3-4 Car Parking
Features
- Stories: 2
- Exterior features: Sidewalk, Yard
Lot
- Features: See Remarks
Details
- Parcel number: 0106402000000011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1935
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Carteret
Financial & listing details
- Annual tax amount: $14,000
- Date on market: 4/2/2025
- Ownership: Fee Simple,See Remarks
- Lease term: Unit 1(No Lease)
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2026 | Sold | $852,000-5.3% |
Source:  All Jersey MLS #2511357R Report a problem | ||
| 11/7/2025 | Price change | $900,000-5.3% |
Source: All Jersey MLS #2511357R Report a problem | ||
| 7/20/2025 | Listed for sale | $950,000 |
Source: All Jersey MLS #2511357R Report a problem | ||
| 5/30/2025 | Contingent | $950,000 |
Source: All Jersey MLS #2511357R Report a problem | ||
| 4/16/2025 | Price change | $950,000-13.6% |
Source: All Jersey MLS #2511357R Report a problem | ||
| 4/3/2025 | Price change | $1,100,000+4.8% |
Source: All Jersey MLS #2511357R Report a problem | ||
| 3/22/2025 | Listed for sale | $1,050,000 |
Source: HCMLS #250001914 Report a problem | ||
| 2/2/2025 | Listing removed | $1,050,000 |
Source: HCMLS #250001914 Report a problem | ||
| 1/30/2025 | Listed for sale | $1,050,000 |
Source: HCMLS #250001914 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 07008
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Nearby schools
GreatSchools rating
- 3/10Columbus Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 5/10Carteret Junior High SchoolGrades: 7-8Distance: 0.3 mi
- 4/10Carteret High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$860,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$860,400
- New Jersey
- Middlesex County
- Carteret
- 07008
- 84-86 Washington Ave
Nearby cities
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Other Carteret Topics
