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Property profile

259 Roosevelt Ave Carteret, NJ 07008

OFF-MARKET
Commercial real estate
Property ID
US59-0524369
3,920 SF 1.32 ac lot Built 1965
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property at 259 Roosevelt Avenue presents a unique investment opportunity. The single-story building sits on a substantial 1,324 square foot lot, zoned for commercial use. The property features a single tenant occupancy, ideal for a small business or professional office. The building itself comprises one suite, offering a convenient and efficient workspace. Ample parking is available with two designated spaces. The property's APN is 0100403000000001. Its…

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 · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$506k
Assessed land$198k
Assessed improvement$308k
Effective rate3.37%

Value estimate

· Oct 2026
$340k
$306k – $374k
AI approach$340k
CAP approach$520k
Submarket $/SF estimate$448k

Realmo valuation models over county records and 42 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 comparables42

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 agency30.7
Law Firm28.0
Spa & Massage19.3

Location

259 Roosevelt Ave Carteret, NJ 07008-3534
County assessor Recorded deeds · not on file 42 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
1249 Roosevelt, Carteret, NJ 07008-1538 $650,000 Sep 2024 3,436 SF
1200 Roosevelt, Carteret, NJ 07008-1513 $600,000 Dec 2023 3,083 SF
1375 Roosevelt, Carteret, NJ 07008-1335 $1,000,000 Apr 2023 4,400 SF
76-78 Washington, Carteret, NJ 07008-2620 $977,625 Jul 2022 3,546 SF
528 Roosevelt, Carteret, NJ 07008-3017 $355,000 Aug 2020 3,552 SF
44 Liberty, Carteret, NJ 07008-2865 $890,000 Feb 2020 4,104 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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