MLS# 2610907R Status: Active

42 Mercer Street, Carteret NJ 07008

Carteret, NJ 07008

$799,000
  • Sq. Ft.

    1,750
  • Beds

    5
  • Baths

    2.00
  • Year Built

    1982
  • Garage

    2
  • Pool

    No

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!

Courtesy of COMPASS NEW JERSEY, LLC

Listing Price
$865,000
Feb 19, 2026
Current Price
$799,000
43 days on market
 
Mar 27, 2026 (37 days listed)
Price reduced to $799,000.
 
Mar 27, 2026 (37 days listed)
Listing office changed from to COMPASS NEW JERSEY, LLC.
 
Mar 27, 2026 (37 days listed)
Price reduced to $799,000.
 
Mar 27, 2026 (37 days listed)
Price reduced to $799,000.
 
Mar 27, 2026 (37 days listed)
Price reduced to $799,000.
 
Mar 27, 2026 (37 days listed)
Price reduced to $799,000.
 
Mar 27, 2026 (37 days listed)
Price reduced to $799,000.
 
Mar 27, 2026 (37 days listed)
Price reduced to $799,000.
Price Per Sq Ft - $456.57
Date
03/27/2026
Status
Active
Price
$799,000
% Change
--
$ / sqft
$456.57
Source
COMPASS NEW JERSEY, LLC
Date
03/27/2026
Status
Active
Price
$799,000
% Change
--
$ / sqft
$456.57
Source
COMPASS NEW JERSEY, LLC
Date
03/27/2026
Status
Active
Price
$799,000
% Change
--
$ / sqft
$456.57
Source
COMPASS NEW JERSEY, LLC
Date
03/27/2026
Status
Active
Price
$799,000
% Change
--
$ / sqft
$456.57
Source
COMPASS NEW JERSEY, LLC
Date
03/27/2026
Status
Active
Price
$799,000
% Change
--
$ / sqft
$456.57
Source
COMPASS NEW JERSEY, LLC
Date
03/27/2026
Status
Active
Price
$799,000
% Change
--
$ / sqft
$456.57
Source
COMPASS NEW JERSEY, LLC
Date
03/27/2026
Status
Active
Price
$799,000
% Change
--
$ / sqft
$456.57
Source
COMPASS NEW JERSEY, LLC
Date
03/27/2026
Status
Price
$799,000
% Change
-7.6%
$ / sqft
$456.57
Source
Date
02/19/2026
Status
Active
Price
$865,000
% Change
--
$ / sqft
$494.29
Source
COMPASS NEW JERSEY, LLC
 

Property Details

Interior Features: 2 Bedrooms, Kitchen Second, Living Room, Bath Full, Utility Room, 3 Bedrooms, Kitchen, Dining Room, Family Room, Attic
Beds: 5
Baths: 2
Half Baths: 0
Total Number of Rooms: 10
Dining Room Features: Formal Dining Room
Kitchen Features: Separate Dining Area
Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Range, Washer, Gas Water Heater
Has Fireplace: No
Number of Fireplaces: 0
Has Heating: Yes
Heating: Baseboard
Cooling: Wall Unit(s), Window Unit(s)
Flooring: Ceramic Tile, Laminate, Vinyl-Linoleum, Wood
Basement: Slab

Interior Details

Property Type: Residential
Property Class: Single Family Residence
Architectural Style: Bi-Level
Building Sq Ft: 1,750
Year Built: 1982
Stories: 2
Levels: Two, Bi-Level
Is New Construction: No
Has Private Pool: No
Has Spa: No
Has View: No
Has Garage: Yes
Has Attached Garage: Yes
Garage Spaces: 2
Has Carport: No
Carport Spaces: 0
Covered Spaces: 2
Has Open Parking: Yes
Other Structures: Shed(s)
Parking Features: 2 Car Width, 2 Cars Deep, Garage, Attached
Total Parking Spaces: 0

Exterior Details

Lot Features: Possible Subdivision, Corner Lot, Level
Lot Size (Acres): 0.1500
Lot Area: 0.1500
Lot Dimensions: 100.00 x 65.00
Lot Size (Square Feet): 6,534
Exterior Features: Patio, Fencing/Wall, Storage Shed, Yard
Fencing: Fencing/Wall
Roof: Asphalt
Patio and Porch Features: Patio
On Waterfront: No
Property Attached: No

Utilities / Green Energy Details

Utilities: Electricity Connected, Natural Gas Connected
Gas: Natural Gas
Sewer: Public Sewer
Water Source: Public
# of Electric Meters: 0
# of Gas Meters: 0
# of Water Meters: 0
Power Production Type: Photovoltaics

HOA and Financial Details

Tax Year: 2024
Annual Taxes: $6,458.00
Has Association: No
Association Fee: $0.00
Association Fee 2: $0.00
Association Fee 2 Frequency: Monthly
 
Veronica

Veronica Hary

Fox & Foxx Realty

(732) 642-9093
Mobile: (732) 642-9093

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