This is an awesome opportunity to own a 2 family home at a great town. Close to major highways, lakes, supermarkets, Rockaway Mall, Schools, Restaurants, post office and so much more. Estate Sale as is. Main floor home has 3 bedrooms, dining room, living room, sunroom, den, large kitchen and 1 full bathroom also a full, very large unfinished basement accessible from outside thru a Bilco door or from inside the main home thru the kitchen. Second floor apartment has 2 bedrooms, living room, dining room, kitchen and 1 full large bathroom. Newer 2 car garage with electricity. New shed .Home comes with solar panel. Huge plus on electricity savings. Needs some love and it will become a great income generating property. Try to schedule showings before dark. Not all rooms have light bulbs. Thanks
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!
The median home value in Wharton, NJ is $381,000. This is lower than the county median home value of $546,600. The national median home value is $338,100. The average price of homes sold in Wharton, NJ is $381,000. Approximately 53.99% of Wharton homes are owned, compared to 39.99% rented, while 6.02% are vacant. Wharton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wharton real estate agent to arrange a tour today!
Wharton, New Jersey 07885 has a population of 7,175. Wharton 07885 is less family-centric than the surrounding county with 35.24% of the households containing married families with children. The county average for households married with children is 37.96%.
The median household income in Wharton, New Jersey 07885 is $89,056. The median household income for the surrounding county is $123,727 compared to the national median of $69,021. The median age of people living in Wharton 07885 is 38.4 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 51.6 inches per year, with 33.4 inches of snow per year.