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    43 Orch St Carteret, NJ 07008-1239
    Property profile & analytics

    43 Orch St, Carteret, NJ 07008-1239

    View on Map

    • Commercial real estate
    • 2,240 SF
    • 0.16 lot acres
    Off-Market
    Last Sale Feb 10, 2025
    $785,000
    Property ID
    US59-1949305
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $790,000
    Show details
    Cap Rate Potential
    2.2%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 43 Orch St

    Year built
    1989
    Lot size
    0.16 lot acres
    Property type
    Commercial real estate
    APN
    01 02501-0000-00004
    APU
    102501000000004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 10, 2025 $785,000 Bozek LLC Edward W Harmer Deed —
    — — Harmer,edward W & Frances M — Deed Of Trust · related $333k · Flushing Bk

    Description

    This exceptional mixed-use property in Carteret, NJ, presents a unique investment opportunity. Located at 43 Orchard Street, Unit 0, this 2,240 square foot building sits on a 0.16-acre lot. The ground floor boasts a fully equipped doctor's office, ready for immediate occupancy by a healthcare professional. This space is ideally suited for a variety of medical practices, benefiting from its convenient location and ample space. Upstairs, a spacious three-bedroom apartment provides versatile options. It can serve as comfortable residential living quarters for the owner or generate additional income through rental. The property's prime location within Carteret offers easy access to major transportation routes and a vibrant community. This combination of commercial and residential space creates a compelling investment opportunity with significant potential for return. The asking price is $799,000. This property is a rare find, combining the benefits of a thriving commercial space with the convenience of residential living, all in one desirable location. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $875,000
      ML approach
      $860,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $657,000
      Market price range: $322k - $760k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $500,000
      Current use
      OFFICE BUILDING
      $615,000
      Change: +22% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Carteret
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2472
    Latitude
    40.5934
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,180
    $129,700
    $268,500
    $398,200
    -
    $129,700
    $268,500
    $398,200
    More about this property
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