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Property profile

1247 Roosevelt Ave Carteret, NJ 07008

OFF-MARKET
Other commercial real estate
Property ID
US59-1313020
2,586 SF 0.19 ac lot Built 1963
Last sale Feb 2019 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space with approximately 2,630 square feet of available area. It is located at 1247 Roosevelt Avenue in Carteret, New Jersey. The listing record does not provide specific details regarding the interior layout or other building features.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$401k
Assessed land$181k
Assessed improvement$220k
Effective rate3.21%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records and 55 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
County average, outlier-cleaned · 642 recorded sales of this use type
Observed band · Q1–Q3$144 – $339
Qualifying comparables55

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency34.8
Law Firm22.9
Spa & Massage22.4

Location

1247 Roosevelt Ave Carteret, NJ 07008-1538
County assessor Recorded deeds · 1 transfer 55 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
63 Un, Carteret, NJ 07008-3325 $625,000 Feb 2026 2,340 SF
247 Washington, Carteret, NJ 07008-2733 $640,000 Oct 2024 2,564 SF
1176 Roosevelt, Carteret, NJ 07008-1501 $525,000 Apr 2024 2,763 SF
695 Roosevelt, Carteret, NJ 07008-2852 $500,000 Aug 2021 2,422 SF
265 Washington, Carteret, NJ 07008-2760 $549,000 Jul 2021 2,552 SF
594 Roosevelt, Carteret, NJ 07008-2944 $700,000 Dec 2019 2,752 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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