About 125 Lincoln Avenue
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!
Features of 125 Lincoln Avenue
| MLS® # | 2700485R |
|---|---|
| Price | $650,000 |
| Square Footage | 2,176 |
| Acres | 0.13 |
| Year Built | 1940 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Under Contract |
Community Information
| Address | 125 Lincoln Avenue |
|---|---|
| City | Carteret |
| County | Middlesex |
| State | NJ |
| Zip Code | 07008 |
Amenities
| Utilities | Natural Gas Connected |
|---|---|
| Parking | Garage, Detached, 1-2 Car Parking, On Street, Assigned |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(1 Bath), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room) |
|---|---|
| Appliances | Water Heater(Gas), Water Heater, Unit 2(Range/Oven,Refrigerator) |
| Heating | Radiators-Hot Water, Forced Air |
| Cooling | A/C Central - Some,A/C Window Unit(s), Unit 1(A/C Central), Unit 2(A/C Unit) |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Storage Space, Interior Entry |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Asphalt |
Additional Information
| Days on Market | 19 |
|---|---|
| Zoning | R25 |
Listing Details
| Office | RE/MAX CENTRAL |
|---|