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354 S Main St, Wharton, NJ 07885

$1,800,000
Active for Sale
 
Listing ID 55038417
Property Type Commercial
County Morris
Township Wharton Boro
Total Tax $20,534
FEMA Flood Map fema.gov/portal
Year Built 1900
   
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Apartment Complex | Wharton

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 Details
  • 5 Half Baths
  • 2519 SF (AG)
  • 0.57 Acres
  • Built in 1900
Commercial Info
  • % Cap. Rate
Income/Expenses
  • Gross Income -$0
  • Net Income -$0
  • Operating Exp -$0
  • Management Exp -$0
  • Maintainence Exp -$0
  • Legal Exp -$0
  • Insurance Exp -$0
  • Heat Exp -$0
  • Electric Exp -$0
  • Water Exp -$0
  • Parking Exp -$0
  • Misc Exp -$0
  • Total Exp -$0
Taxes and Fees
  • $20,534 Total Tax
  • -$0 per month Maintenance
Listed By
Roxbury
Office: 973-584-2300
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