56 Grant Ave, Carteret, NJ, 07008
About This Home
Move in ready Multifamily home in Carteret. This property delivers both accessibility and long-term potential. Whether you're looking to generate passive income or live in one unit while renting the other, this is a smart addition to any real estate portfolio. This property sits on a prime location near shopping, schools, and highways. Unit 1 offers two bedrooms, with a brand new bathroom and new floors, freshly painted. Unit 2 offers two bedrooms, and a fully finished attic for recreational purposes. Partially finished basement with private entrance. No worries about parking, this home offers extensive parking can fit up to 4+ cars.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1917
Materials
- Roof: Asphalt
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater(Gas),Water Heater,Unit 1(Range/Oven,Refrigerator),Unit 2(Range/Oven,Refrigerator)
Basement
- Has basement: Yes
- Basement: Partially Finished, None, Daylight, Utility Room
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
Heating & Cooling
- Heating features: Radiant,Radiators-Steam
- Cooling features: Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 0105403000000028
- Zoning: R25
Features
- Stories: 2
- Patio & porch: Porch(es) - Open,Deck,Porch
- Exterior features: Barbecue,Porch(es) - Open,Deck,Sidewalk,Storage Shed,Porch,Private Entrance
Lot
- Lot size: 3,798 sqft
- Features: Near Shopping,Near Public Transit
- Lot size dimensions: 100.00 x 0.00
Parking
- Parking features: Attached,Detached,4(+)Car Parking
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $162 | $1,944 |
| Property Taxes | $994 | $11,928 |
| Electricity | $193 | $2,318 |
| Total | $4,382 | $52,584 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-05 | Contingent | $599,999 |
| 2026-07-22 | Listed for sale | $599,999 |
| 2016-11-29 | Sold | $161,500 |
| 2016-05-11 | Listing removed | $155,000 |
| 2016-04-13 | Listed for sale | $155,000 |
| 2016-04-06 | Pending sale | $155,000 |
| 2016-03-23 | Listed for sale | $155,000 |
| 2015-10-29 | Listing removed | -- |
| 2015-10-13 | Listed for sale | -- |
| 1994-02-04 | Sold | $91,200 |
For Sale by Agent
View on Zillow