Closed$2,500
TLC ≈ $270/mo
3 1 —
108 W Stimpson Avenue #2ndFl, Linden, NJ 07036
125 Lincoln Avenue, Carteret, NJ 07008
$650,000
0 beds 2 baths 2,176 sqft Built 19404 days on marketActive
About this home
Prime commercial/residential Investment in Carteret! Unlock the potential of this versatile 2-unit home, perfect for investors or house-hackers looking to live in 1 unit & let the other unit, which comes with a lease in place with a local dentist, cover a significant portion of the mortgage. This property features 2 distinct units w/ separate gas & electric meters for each unit, a full basement, and a large detached garage. The upstairs unit has a large walk up attic that could be finished for an additional approx 700 sq ft of living space. Roof approx 15 yrs, H2O 2 years. The location will not disappoint w/ it's close proximity to Woodbridge Train Station, NJ bus, grocery stores, diverse dining, Carteret Park, the URSB Performing Arts & Events Center for concerts/comedy/rooftop dining, & the Carteret Waterfront Park & Marina featuring a picturesque riverwalk/fishing pier/future multimodal ferry terminal. With the upcoming Carteret Ferry Terminal & ongoing waterfront revitalization, area property values have seen a steady increase in value, making this a potential long-term equity builder. Don't miss this turnkey addition to your portfolio!
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$6,300/mo
- Real estate (PITI + HOA + PMI)
- $6,029
- Utilities
- $551
- Transportation
- $136
- Other (entertainment)
- $157
Principal + interest$4,187
Property tax + insurance$1,598
PMI / 2nd mortgage$244
Heating + cooling$114
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$136
Budget$6,800/mo
Remaining after TLC$500/mo
Purchase price
$650,000
Down payment
$32,500 (5%)
Loan amount
$617,500
APR
7.19%
Quick facts
Type
Commercial
Style
—
Year built
1940
Lot size
0.1263 ac
Stories
2
Heating
Radiant, Forced Air
Cooling
A/C Central - Some, Window Unit(s)
Water
Public
HOA
—
Annual tax
$11,138
MLS #
2700480R
County
Middlesex
Home features
Appliances
Refrigerator
Parking
On Street
Flooring
Carpet, Wood
Roof
Asphalt
Sewer
Public Sewer
Lot features
Corner Lot
Neighborhood — 07008
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 22,957 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 15.00% | 14.00% | 20.00% |
| Population Density | 4,747 | 1,137 | — |
| Male | 11,200 | 4,307,827 | 147,432,321 |
| Female | 11,757 | 4,525,010 | 151,655,844 |
| Never Married | 5,108 | 1,965,811 | 63,775,926 |
| Married | 8,847 | 3,647,435 | 123,120,365 |
| Separated | 1,259 | 391,239 | 12,639,686 |
| Widowed | 1,590 | 515,172 | 15,467,586 |
| Divorced | 1,429 | 529,393 | 23,075,029 |
| Number Of House Hold | 7,780 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.89 | 2.73 | 2.60 |
| Medial Age | 36.92 | 37.15 | 35.46 |
| Median House Hold Income | $53,973 | $63,392 | $48,276 |
| Average House Hold Income | $61,282 | $83,312 | $63,629 |
| P C I | $21,545 | $30,662 | $24,529 |
| M D I | $45,382 | $52,505 | $41,133 |
| A T H E | $50,129 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 86.06% | 81.02% | 77.74% |
(Zip) Code
7008
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 7/9/2026. Provided courtesy of RE/MAX CENTRAL via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.