354 South Main Street
Wharton Borough, NJ 07885
- – beds
- – baths
- – on site
Discover an unparalleled investment opportunity in the heart of the real estate market! This expansive property, covering over half an acre with two separate buildings, stands as one of the largest lots in town. Located in a B-1 Zoning District (Neighborhood Business District), it offers remarkable flexibility and potential. Both buildings have undergone complete renovation and rehabilitation, including new roofs, kitchens, bathrooms, utilities, and more. This ensures a low-maintenance, high-yield investment for years to come. Currently configured with four renovated apartments and an office space with full kithchen and bathrooms, the property boasts an impressive income potential exceeding $138,000 annually! We have created comprehensive floor plans and future plans to add three additional units to the front building, which has partial approvals. This will allow you to thoroughly explore every aspect of this unique offering. Potential to 8 units and gross income of $220,000!
Last checked:
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Last updated Nov 30, 2024
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MLS# 24021309 —
The Building
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Year Built:1900-1939, Renovated, 2020's
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Style:Res/Com Mixed
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Sub Style:Othr/Apt
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Roof:Asphalt, Peaked
Location
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Area Name:Wharton Borough
Taxes
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Tax:$20,230
The Listing
Listing Agent
- Contact info:
- Agent phone:
- (973) 261-3995
- Office phone:
- (201) 891-2111
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/3/24
Jul 3, 2024
|
Listed / Active | NJMLS | $1,650,000 |
