Closed$519,999
TLC ≈ $4,268/mo
3 2 1,471 sqft
636 Ridgedale Avenue, Woodbridge Proper, NJ 07095
39 Union Street, Carteret, NJ 07008
$799,000
0 beds 4 baths 2,124 sqft Built 19071 days on marketActive
About this home
Rare opportunity to acquire a high-income-producing, fully occupied legal two-family property in Carteret. The majority of the home was rebuilt in 2023, with the original foundation dating back to 1907 retained. The seller invested extensively in the property with the intention of holding it as a long-term investment, completing major upgrades that include two NEW boilers / heating systems, COMPLETE new exterior siding, NEW windows, NEW electrical and plumbing systems, a partially upgraded roof, with 2 NEW kitchens and 4 NEW full baths. Both units received additional interior renovations in 2026, including NEW hardwood flooring throughout. The property offers a total of seven bedrooms and four full bathrooms, 2 kitchens with an open format concept, stable tenants with a consistent payment history, and EXCELLENT existing rental performance. Additional value-added features include TWO coin-operated laundry machines, a hardwired three-camera security system with, two separate basements providing substantial storage, and newer side- and backyard pavers. Located approximately half a block from a newly renovated park and turf field, the property also offers convenient access to shopping, schools, public transportation, and major roadways. This turnkey investment presents an OUTSTANDING opportunity for investors seeking immediate cash flow, tenant stability, and a substantially upgraded multifamily property in Middlesex County. The seller had planned to retain the property long term and is selling solely because the funds are needed for the new construction of a personal residence. Prior rental and payment history will be made available to QUALIFIED buyers.
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
$7,319/mo
- Real estate (PITI + HOA + PMI)
- $7,104
- Utilities
- $551
- Transportation
- $136
- Other (entertainment)
- $157
Principal + interest$5,147
Property tax + insurance$1,657
PMI / 2nd mortgage$300
Heating + cooling$114
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$136
Budget$7,819/mo
Remaining after TLC$500/mo
Purchase price
$799,000
Down payment
$39,950 (5%)
Loan amount
$759,050
APR
7.19%
Quick facts
Type
2 Family
Style
—
Year built
1907
Lot size
0.0574 ac
Stories
2
Heating
Baseboard
Cooling
None
Water
Public
HOA
—
Annual tax
$10,266
MLS #
2700673R
County
Middlesex
At a glance
Basement
Home features
Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)
Interior
Unit 1(Dining Room3 BedroomsKitchenLiving Room2+ Baths)Unit 2(Dining Room4 BedroomsKitchen2+ Baths)
Exterior
PatioStorage Shed
Patio & porch
Patio
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
See Remarks
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 7/12/2026. Provided courtesy of REALTYMARK SELECT via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.