$865,000

42 Mercer Street, Carteret, NJ 07008

5 beds |
2 baths |
1,750 sqft

Single-Family Home
Built in 1982
6,534sqft lot
2 car garage
$494/sqft
Listed 19 days ago

Property Description

Attention investors and visionaries42 Mercer Street in Carteret, NJ, is your next golden opportunity! This expansive bi-level property sits on an oversized lot brimming with potential for subdivision and development. Whether you're looking to create multiple units or hold for future appreciation, this is a rare find in a prime location. The existing home features 5 spacious bedrooms, 2 full baths, and a flexible layout that's ideal for tenants or multi-generational living. The master suite stands out as a peaceful retreat, complete with its own bath, while natural light floods every room, enhancing the property's inviting atmosphere. To top it off, the property includes a convenient 2-car attached garageperfect for added storage or tenant use, making it even more appealing for renters or future buyers. But the true gem lies outsidea massive backyard offering endless possibilities. From future builds to outdoor amenities, the lot size opens doors to creative expansion. Close to schools, parks, shopping, and major commuter routes, this property combines convenience with prime development potential. Investors, take note: opportunities like this don't come around often. Buyers are encouraged to conduct their own due diligence regarding subdivision and development options. Don't let this one slip awayreach out today to explore the possibilities!

Listing Status:: Active
Date Added:: February 18, 2026
Data Last Updated:: March 9, 2026 at 7:08PM
Listing Office:: COMPASS NEW JERSEY, LLC : 973-315-8180
Listing Agent:: RANBIR SINGH :
MLS ID:: 2610907R

General: 2 BedroomsKitchen SecondLiving RoomBath FullUtility Room3 BedroomsKitchenDining RoomFamily RoomAttic
Appliances: DishwasherDryerGas Range/OvenRefrigeratorRangeWasherGas Water Heater
Basement: Slab
Flooring: Ceramic TileLaminateVinyl-LinoleumWood
A/C: Wall Unit(s)Window Unit(s)
Heating: Baseboard
Fireplace: Fireplaces: 0

General: PatioFencing/WallStorage ShedYardShed(s)
Style: Bi-Level
Parking: 2 Car Width2 Cars DeepGarageAttached

Roofing: Asphalt
General: 2

HOA Amenities: 0.0
Originating MLS: CJMLS API
County: Middlesex

Zoning: 1201803111
Fencing: Fencing/Wall

Utilities: Electricity ConnectedNatural Gas Connected
Water: Public
Sewer: Public Sewer

Source: CJMLS API

This listing courtesy of RANBIR SINGH , COMPASS NEW JERSEY, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Columbus Elementary School

1 Carteret Ave, Carteret, NJ, 07008

Grades PK-5

0.41 miles away

Carteret Middle School

300 Carteret Ave, Carteret, NJ, 07008

Grades 6-8

0.96 miles away

Carteret High School

199 Washington Ave, Carteret, NJ, 07008

Grades 9-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.