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$729,000
Est. payment /mo
5 Beds
3.5 Baths
3,043 SqFt
New
62 Union St Wharton Boro, NJ 07885
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,043 sqft
Price per Sqft $239
MLS Listing ID 4007249
Style 3-Three Story, Under/Over
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 1900
Annual Tax Amount $15,661
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Well-maintained 3-unit multi-family property offering strong income potential. Key capital improvements already completed. This property features a spacious 3 BR Unit and two 1 BR Units (one larger than the other), providing a versatile rental mix attractive to a broad tenant base. Recent upgrades include a new roof, furnace and hot water heater in each unit, helping to reduce near-term capital expense concerns. The layout allows for solid rental performance with manageable operating oversight for investors. Conveniently located near major roadways, shopping, dining, and everyday services, the property offers practical access to area amenities and commuter routes. Great return now, with potential for upside. An excellent opportunity for investors seeking a stable, income-producing asset with major mechanical updates already addressed. Great opportunity to acquire a rare 3 unit multi in Morris.
Location
State NJ
County Morris
Rooms
Basement Unfinished, Walkout
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Electric, Gas-Natural
Cooling Window A/C(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, Under/Over
Others
Senior Community No

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Listed by COLDWELL BANKER REALTY
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