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    84-86 Washington Ave Carteret, NJ 07008

    Sponsored
    For Sale
    $900,000

    4 Family - Carteret, NJ

    Days on Market:
    60
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 84-86 Washington Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    0106402000000011

    Building Details

    Year built
    1935
    Architectural style
    Other

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent FARHAD KARIMI (866) 201-6210

    Listing date Nov 7, 2025

    MLS# 2511357R Listing URL

    Copyright © 2025 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.

    Overview

    Fully Occupied Mixed-Use Investment Property

    Located at 84-86 Washington Ave in Carteret, NJ, this mixed-use property presents a turnkey investment opportunity. The property is fully occupied, providing immediate and consistent income. It features two commercial units at the front, both leased to long-term tenants. Behind the commercial spaces, there is a two-family residential building. This building contains two updated 1-bedroom, 1-bath apartments. The apartments are equipped with hardwood floors and stainless-steel appliances, and each has a private fenced backyard. The upstairs unit also includes a spacious attic for storage. Driveway parking is available. The property also includes two full basements and central A/C in the commercial spaces. The location provides convenient access to the NJ Turnpike, Route 1, shopping, schools, and public transportation, contributing to strong rental demand. This property offers multiple revenue streams and long-term growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    -74.223433
    Latitude
    40.577442

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey investment opportunity with steady income in Carteret, New Jersey.
    Where is this mixed-use property located?
    The property is located at 84-86 Washington Ave Carteret, NJ.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Fully occupied, turnkey mixed-use property providing immediate and steady income.; - Two commercial units leased to long-term tenants, ensuring stable revenue streams.; - Two updated residential apartments, each with 1 bedroom, 1 bath, hardwood floors, stainless-steel appliances, and private fenced backyards.
    (866) 201-6210
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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
    84-86 Washington Ave Carteret, NJ 07008
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