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354 S Main St Wharton, NJ $ 1,800,000
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$ 1,800,000 Get more info
354 S Main St
$ 1,800,000
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354 S Main St

Wharton, NJ, 07885
$ 1,800,000
Bedrooms-- Baths-- Sq 2,519

Monthly Estimate*

$ 11,083

354 S Main St, Wharton, NJ 07885 - Image 1
354 S Main St, Wharton, NJ 07885 - Image 2
354 S Main St, Wharton, NJ 07885 - Image 3
354 S Main St, Wharton, NJ 07885 - Image 4
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354 S Main St, Wharton, NJ 07885 - Image 6
354 S Main St, Wharton, NJ 07885 - Image 7
354 S Main St, Wharton, NJ 07885 - Image 8

Commercial Property for sale in Wharton, NJ

for $1,800,000 with 5 half baths. This 2,519 square foot building was built in 1900 on a lot size of 0.57.

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.

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Commercial Active

Price

$ 1,800,000

Half Bath

5

Property Type

Commercial

Taxes

$ 20,534

Style

Apartment Complex

Lot Size

0.57

Year Built

1900

Town/City

Wharton

County/Region

Morris

MLS | Web ID

4030354
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units Forced Hot Air Radiant - Electric Radiators - Hot Water
Cooling 4+ Units Central Air Ductless Split AC
Utilities Electric Gas-Natural
Possession POT
Roof Asphalt Shingle
Zoning mixed
Garage Spaces 15
Year Built 1900
Township Wharton Boro
Property Type Apartment Complex Mixed Use Office/Apartments Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Business District Freestanding Residential Area
Gross Income 141600
County Morris
Net Operating Income 116000
Operating Expense 25600
Status Active
Directions Route 46 to South Main St
Number Of Units Total 5
Tax Annual Amount 20534
Drive Blacktop Lighting Off-Street Parking Parking Lot-Exclusive
Leasable Area 1000
Standard Status Active
Tax Assessed Value 1224400
Town # 2339
Tax Lot 14
Farm Assessment No
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Interior
Basement Full Storage Unfinished
Flooring Carpeting Concrete Laminate Tile Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 2
Half Baths 5
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 3301
Lot Dimensions 150X168 AV
Lot Size Acres 0.57
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* Excluded Features
List By
Regina D. Ashworth

Listing Agent

Weichert Realtors

Broker

Roxbury

Office

Affordability Calculator

$12,794
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
$1,711
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/27/2026$1,800,000 Listed Price

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354 S Main St, Wharton, NJ, 07885 is a Commercial Property for sale at $1,800,000 with 2,519 sqft and a lot size of 0.57. 354 S Main St was built in 1900. The property's zip code is 07885 which is in Wharton, NJ

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