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    123 Heald St Carteret, NJ 07008

    Sponsored
    For Sale
    Pending
    $750,000

    2-Two Story, Under/Over, Multi-Family - Carteret Boro, NJ

    Property size:
    2,270 SF
    Lot size:
    0.23 Acres
    Days on Market:
    122
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 123 Heald St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    2
    Patio and Porch features
    Patio
    Interior features
    Wood Floors
    Exterior features
    Patio
    Basement Y/N
    1
    Size
    2,270 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Other (Heating), Steam
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1953
    Number of units
    2
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Competitive Edge (908) 791-1010 [email protected]

    Listing agent NADEEM QAVI (732) 548-5555

    Listing date Sep 6, 2025

    MLS# 3955778 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Family Home with Extra Lot

    This full brick, two-family home is available for sale, offering income-generating potential. The property includes an extra lot, with a total lot size of 100x100. The two-family home occupies a 50x100 portion of the lot. According to the owner and preliminary information from an engineer, the extra 50x100 lot is potentially sub-dividable; buyers should conduct their own due diligence regarding sub-division possibilities. The property features two large, well-maintained apartments. The first floor apartment includes three bedrooms, while the second floor apartment has two bedrooms. Both units feature hardwood floors. Separate utilities are in place, with two gas meters and two electric meters. Water is not separately metered. The basement and attic both have high ceilings and are ready to be finished. The property is currently occupied by long-term tenants. Rents are below current market rates. The property size is 2270 square feet, situated on 0.23 acres in Carteret Boro, NJ.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carteret
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2248016518
    Latitude
    40.583596541128

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    FAQs

    What type of property is this?
    Duplex - Two-family home with extra lot, subdivision potential, and long-term tenants.
    Where is this duplex located?
    The property is located at 123 Heald St Carteret, NJ.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Income-generating two-family brick home with an additional subdividable lot.; - Large, well-maintained apartments: **3 bedrooms on the first floor and 2 bedrooms on the second floor.**; - Separate utilities (gas and electric) for each unit.
    (908) 791-1010
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    Carteret, NJ 07008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Heald St Carteret, NJ 07008
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