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$865,000 Just Listed
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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!
Full Property Details
Full Property Details for 42 Mercer St
General
- Price: $865,000
- Taxes: $6,458 (2024)
- Status: Active
- Type: Single Family
- Source: Middlesex
- MLS ID: 2610907R
- Updated: 2/18/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: 2 Bedrooms, Kitchen Second, Living Room, Bath Full, Utility Room, 3 Bedrooms, Kitchen, Dining Room, Family Room, Attic
- Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Range, Washer, Gas Water Heater
- Flooring: Ceramic Tile, Laminate, Vinyl/Linoleum, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Living Room: 1,750 Sq. Ft.
Exterior
- Exterior Features: Patio, Fencing/Wall, Storage Shed, Yard
- Deck/Patio: Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: 2 Car Width, 2 Cars Deep, Garage, Attached
- Parking: 2 Car Width, 2 Cars Deep, Garage, Attached
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: Wall Unit(s), Window Unit(s)
- Heating Type: Baseboard
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Architectural Style: Bi-Level
- Basement Desc.: Slab
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 1,750
- Year Built: 1982
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Dimensions: 100.00 x 65.00
- Lot Features: Possible Subdivision, Corner Lot, Level
- Lot Description: Possible Subdivision, Corner Lot, Level
- Fencing (Description): Fencing/Wall
Financial Considerations
- Tax Amount: $6,458
- Tax Year: 2024
Disclosures and Reports
- Property ID: 1201803111
Listed by Compass New Jersey, Llc
Get Pre-Approved Today
Schools
Schools serving 42 Mercer St
School District:Carteret Borough School District
| Name | Grades | Distance |
|---|---|---|
Columbus Elementary School, Carteret, NJ 1 Carteret Avenue, Carteret, NJ 07008 | PK-5 | 0.4 mi |
Carteret High School 199 Washington Avenue, Carteret, NJ 07008 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42 Mercer St
Date
Details
Price
Change
Source
2/18/2026
Listed
$865,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 42 Mercer St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,459
3%
$445,900
120%
2023
$6,293
3%
$202,600
—
2022
$6,119
1%
$202,600
—
2021
$6,054
35%
$202,600
—
2021
$4,484
-19%
$202,600
—
2018
$5,525
4%
$202,600
—
2017
$5,328
-2%
$202,600
18%
2016
$5,419
1%
$171,100
—
2015
$5,340
-6%
$171,100
-16%
2019
$5,659
12%
$202,600
18%
2013
$5,034
—
$171,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 42 Mercer St
42 Mercer Street, Carteret, NJ 07008 (MLS# 2610907R) is a Single Family property with 5 bedrooms and 2 full bathrooms. 42 Mercer Street is currently listed for $865,000 and was received on February 18, 2026. Want to learn more about 42 Mercer Street? Do you have questions about finding other Single Family real estate for sale in Carteret? You can browse all Carteret real estate or contact a Coldwell Banker agent to request more information.

