125 Lincoln Avenue Carteret, NJ 07008
MULTI_FAMILY - Carteret, NJ
Property Features for 125 Lincoln Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1, Basement
- Parking
- 2
- Parking features
- Oversize
- Interior features
- Attic - Walk Up
- Basement
- Full
- Standard status
- Active
- APN
- 01-06003-0000-00001
- Size
- 2,176 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11138
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Forced Air
- Cooling system
- Central Air, Multi Units
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Lori Bocchieri-Bennett License #564284 (732) 972-1000
Listing office RE/MAX Central 520 HWY 9 N, Manalapan, NJ (732) 972-1000
Listing date Jul 9, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 125 Lincoln Avenue in Carteret, NJ, the property is positioned near transit and daily conveniences. Public remarks note proximity to the Woodbridge Train Station and NJ bus service, along with grocery stores and a range of dining options. The listing also references nearby community amenities including Carteret Park and the URSB Performing Arts & Events Center, as well as the Carteret Waterfront Park and Marina.
For investors or owner-occupants, the layout supports an option to live in one unit while leasing the other. The listing states that one unit has a lease in place with a local dentist. With separate metering, a basement, and garage space, the property can be suited to tenants seeking straightforward, self-contained living arrangements within a duplex structure.
Key Highlights
- Versatile 2‑unit property with separate gas and electric meters for each unit
- Upstairs unit includes a walk‑up attic that could be finished for additional approx 700 SF of living space
- Full basement plus large detached garage with oversize parking
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 | $55.6k | $25.56 |
| − Vacancy | −$3.6k | −$1.65 |
| EGI | $52.0k | $23.91 |
| − OpEx | −$15.6k | −$7.17 |
| NOI | $36.4k | $16.74 |
