42 Mercer St

1,750 Sq. Ft.
$494 / Sq. Ft.
1,750
Sq. Ft.
$494
per Sq. Ft.

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...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 Agent

  1. Ranbir Singh

    Ranbir Singh

    Listing Agent

    Compass

    ranbir.singh@compass.com

    P: (732)-261-7906

Property Details for 42 Mercer Street

Architectural Style
Bi-Level
Year Built
1982
Subdivision Name
Carteret
LISTING UPDATED: 02/18/2026 10:32 PM

Property Details for 42 Mercer Street

StatusActive
MLS #2610907R
Days on Market1
Taxes$6,458 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1982
Lot Size0.15 AC / 6,534 SF
CountyMiddlesex County
Add your commute

Building Information for 42 Mercer Street

Stories2Year Built1982Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$4,754 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,216

Property Taxes

$538

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 42 Mercer Street

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Attached Garage: Yes
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: 2 Car Width, 2 Cars Deep, Garage, Attached
Owner
  • Ownership: Sole Proprietorship
Taxes and HOA Information
  • Tax Annual Amount: $6,458.00
  • Tax Year: 2024
  • Association Fee: $0
  • Association Fee2: $0
  • Association Fee2 Frequency: Monthly
  • Other Fees: $.00
  • Monthly Payment: $.00
Property
Lot Information
  • Building Area Total: 1750.0
  • Levels: Two, Bi-Level
  • Living Area: 1750.0
  • Living Area Units: Square Feet
  • Lot Features: Possible Subdivision, Corner Lot, Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Dimensions: 100.00 x 65.00
  • Lot Size Square Feet: 6534.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 1201803111
  • Photos Count: 36
  • Power Production Type: Photovoltaics
  • Property Attached: No
Utilities
  • Senior Community: No
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Cooling: Wall Unit(s), Window Unit(s)
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Laminate, Vinyl-Linoleum, Wood
  • Gas: Natural Gas
  • Heating: Baseboard
  • Heating: Yes
  • Interior Features: 2 Bedrooms, Kitchen Second, Living Room, Bath Full, Utility Room, 3 Bedrooms, Kitchen, Dining Room, Family Room, Attic
  • Postal Code: 07008
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 5
  • Other Structures: Shed(s)
  • Basement: Slab
  • Basement Area: 0.0
  • Bathrooms Total: 2
  • Dining Room Features: Formal Dining Room
  • Kitchen Features: Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Range, Washer, Gas Water Heater
  • Dining Room: Yes
Exterior Features
  • Service: Garbage Included In Tax
  • Exterior Features: Patio, Fencing/Wall, Storage Shed, Yard
  • Fencing: Fencing/Wall
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Stories: 2
  • Stories Total: 2
Multi Family
Income & Expenses Information
  • Maintenance Expense: $0

Property History for 42 Mercer Street

DateEvent & SourcePriceAppreciation
Feb 18, 2026

Listed (Active)

GSMLS #4010459

$865,000
Feb 17, 2026

Listed (Active)

CJMLS #2610907R

$865,000
DateEvent & SourcePrice
02/18/2026

Listed (Active)

GSMLS #4010459

$865,000
02/17/2026

Listed (Active)

CJMLS #2610907R

$865,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42 Mercer Street

Taxable ValueLand$277,300Additions$168,600Total$445,900
Tax Record2024$6,459 ($538 / month)
Home Facts
Beds0Total Finished SqFt1,750 SqFtAbove Grade Finished SqFt1,750 SqFtLot Size6,500 SqFtStyleSingle Family ResidenceYear Built1982CountyMIDDLESEXAPN01 07803-0000-00011

Schools near 42 Mercer Street

This home is within Carteret Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Pvt. Nicholas Minue Elementary School
PublicPK to 4

Carteret Junior High School
Public7 to 8

Carteret High School
Public9 to 12

Nathan Hale School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

42 Mercer Street is a single family home for sale in Carteret, NJ 07008. This property was listed for sale on February 18, 2026 by Compass, it's currently listed at $865,000. This listing's school district is Carteret Public School District. Nearby schools include Pvt. Nicholas Minue Elementary School, Carteret Junior High School and Carteret High School. 42 Mercer Street is a 5-bed, 2-bath, 1,750 sqft single family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 02/20/2026 06:32 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 02/20/2026 06:32 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.