39 Union St

Carteret NJ 07008

2124 sq. ft.

2500 sq. ft.

Duplex

Last sold for $800,000

BASANT PAL, last sold this property on 28 September 2026 after 77 days on market.

Overview

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. This property provides steady income and positive cash flow.

Features

4 bathrooms

2124 sq. ft. floor area

2500 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Carteret over the last 12 months, the estimated median property value of 39 Union St is $700k.

Median value

$700k

Estimated value range

$550k - $955k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Carteret. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 39 Union St

2026

Sold

$800,000

28 Sep 2026 by BASANT PAL, of RealtyMark Select LLC

2018

Sold

$331,900

26 Nov 2018 by Vincent Sedita

2018

Sold

$331,900

19 Nov 2018 by Vincent Sedita, of RE/MAX IN STYLE

Happy sellers in Carteret

We have insufficient information to provide an overview of customer satisfaction for Carteret. Viewing the agent profiles, reviews and sales for Carteret can provide insights for this location.