354 S Main St, Wharton Boro, NJ 07885
Morris County
Key Facts
Description
Mixed-Use investment opportunity generating around $141,600 annual gross income with newly executed 3-year retail lease and stable residential occupancy. Property is approx 1/2 acre with 2 separate buildings located in a B-1 zoning district (neighborhood business district). Renovations include new roofs, kitchens, bathrooms and utilities. Current use includes 4 apartments and an office space with full kitchens and bathrooms. Great potential for investors. Convenient location in town, close to major highways (Rt 46,15,80), near mass transit, hospital and shopping.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1900
Stories
2
Living Area
2,519 sq ft
Lot Size
0.57 acres
Ownership
Fee Simple
Days on Market
2
MLS® Listing#
4030354
Property Features
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$20,534
Tax year 2025
Assessed Value
$1,224,400
Parcel Number
2339-02011-0000-00014-0000-
Directions
Route 46 to South Main St
Affordability Calculator
$360,000
Estimated monthly payment
$9,580/mo
Principal $1,440,000 · Est. interest $2,008,928 over 30 yrs
Location
- 354 S Main St, Wharton Boro, NJ 07885
Points of Interest in Wharton Boro, NJ
Showing the Wharton Boro area map.
Nearby Schools
MacKinnon Middle School
Secondary · 0.6 mi away
Marie V. Duffy Elementary School
Elementary · 0.6 mi away
Academy Street Elementary School
Elementary · 1.1 mi away
Imagine and Learn Childcare Center
School · 1.1 mi away
North Dover Elementary School
Elementary · 1.1 mi away
El Primer Paso
School · 1.1 mi away
Scared Heart School
School · 1.2 mi away
Dover High School
Secondary · 1.2 mi away
Escuela Dominical Ipul Dover
School · 1.3 mi away
ABC Growing Tree
School · 1.3 mi away
Canfield Avenue School
Elementary · 1.4 mi away
Fernbrook Elementary School
Elementary · 1.6 mi away
East Dover Elementary School
Elementary · 1.6 mi away
Dover Middle School
Secondary · 1.7 mi away
Regional Training Center
School · 1.8 mi away
CCM Campus Store
School · 1.9 mi away
Morris County Council of Education Associations (McCea)
School · 1.9 mi away
Randolph Country Day School
School · 2.0 mi away
Birchwood Elementary School
Elementary · 2.2 mi away
Dennis B O'Brien Elementary School
Elementary · 2.3 mi away
Commute Calculator
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|---|---|---|---|---|
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| 6 Castle Court, Far Hills Boro, NJ | $1,295,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Wharton Boro
Listing Courtesy: WEICHERT REALTORS - 9735842300