Wharton NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,070
Status:
Active
Beds:
5
Lot size:
0.27 Acres
Year built:
1920
Baths:
2.00
MLS#:
3931378

ADDITIONAL INFORMATION

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

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
24021309

ADDITIONAL INFORMATION

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!

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in Purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Some properties listing with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

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Source: New Jersey Multiple Listing Service, INC.

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Wharton Real Estate

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.

Wharton Weather

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.

Wharton Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    21
    30-day change

Wharton Schools and Demographics

Education near Wharton, NJ

Metric City County
High School Graduates 90.42 94.55
College Degree - 2 year 4.39 6.14
College Degree - 4 year 27.06 55.75
Graduate Degree 8.44 17.26
Expenditures per Student 25,345 25,345
Students per Teacher 10.9 10.9

Elementary Schools near Wharton, NJ

School Grades Students P/T Ratio ZIP
Arthur Stanlick Elementary School 03 - 05 362 11.1 07885
Canfield Avenue School PK - 06 369 11.9 07803
Catherine A Dwyer Elementary School KG - 05 318 12 07885
Edith M. Decker Elementary School PK - 02 111 10.8 07856
Ellen T. Briggs Elementary School KG - 02 314 14.9 07849
Marie V. Duffy Elementary School PK - 05 488 10.7 07885
Mount Arlington Public School 03 - 08 234 10.4 07856
Nixon Elementary School District KG - 04 283 10.8 07850

Middle Schools near Wharton, NJ

School Grades Students P/T Ratio ZIP
Alfred C. Mackinnon Middle School 06 - 08 292 9.7 07885

Demographics near Wharton, NJ 07885

Metric Zip Code City
Neighborhood Type Small town
Population 7,175 508,347
Population Density 3,470 1,104
Median Age 38.4 42.7
People per Household 2.8 2.7
Median Household Income 89,056 123,727
Average Income per Capita 44,641 61,915