128 Pershing Avenue, Carteret, NJ 07008
MULTI_FAMILY - Carteret, NJ
- Added:
- Nov 21, 2025
- Days on Market:
- 205
- Last Refresh:
- Jun 14 at 1:06 pm
Property Features for 128 Pershing Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Basement
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Exterior features
- Porch
- Appliances
- Water Heater(See Remarks), Water Heater
- Standard status
- Active Under Contract
- APN
- 0106801000000004
- Size
- 1,886 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7914
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1929
- Floors in Building
- 2
- Building materials
- Metal Siding
Listing agent Christopher Ryan (732) 254-3750
Listing office COLDWELL BANKER REALTY 51 ARTHUR STREET, EAST BRUNSWICK, NJ (732) 254-3750
Listing date Nov 21, 2025
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family property with flexible unit layouts: upstairs 1‑bedroom/1‑bath and downstairs 3‑bedroom/1‑bath
- Enclosed porch included with the first‑floor unit
- Metal siding exterior and a porch
- Bonus 2‑car detached garage plus garage parking
- Separate electric utilities and one boiler
- Built in 1929; public water and public sewer
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.2k | $25.56 |
| − Vacancy | −$3.1k | −$1.65 |
| EGI | $45.1k | $23.91 |
| − OpEx | −$13.5k | −$7.17 |
| NOI | $31.6k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Carteret
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2241375
- Latitude
- 40.5745577
