125 Lincoln Avenue Carteret, NJ 07008
COMMERCIAL - Carteret, NJ
Property Features for 125 Lincoln Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- On Street
- Fireplace
- 1
- Basement
- Full
- Standard status
- Active
- APN
- 01-06003-0000-00001
- Size
- 2,176 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11138
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Radiant
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Building materials
- Block
- 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.
The home is located in Carteret, NJ, with convenient access to nearby transit and daily needs. The listing notes proximity to the Woodbridge Train Station and NJ bus service, as well as grocery stores and diverse dining. Additional nearby attractions cited include Carteret Park, the URSB Performing Arts & Events Center for concerts and comedy, and the Carteret Waterfront Park and Marina with a riverwalk and fishing pier.
The duplex can suit investors seeking a ready-to-rent setup, as one unit is described as leased to a local dentist. Separate utilities help support independent tenant billing, while the basement and detached garage add practical space for occupants. The potential to finish the walk-up attic may also appeal to buyers looking for flexibility in future use within the existing duplex layout.
Key Highlights
- Versatile 2‑unit property with separate gas and electric meters for each unit
- Full basement plus large detached garage
- Upstairs unit includes a large walk‑up attic that could be finished for approx 700 SF of additional living space
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 |
