62 Union St, Wharton Boro, NJ 07885
62 Union St, Wharton Boro, NJ 07885
62 Union St, Wharton Boro, NJ 07885
62 Union St, Wharton Boro, NJ 07885
62 Union St, Wharton Boro, NJ 07885
62 Union St, Wharton Boro, NJ 07885
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$ 729,000
Est. payment | /mo

5 Beds

3.5 Baths

3,043 SqFt


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$ 729,000
Est. payment | /mo
Save

5 Beds

3.5 Baths

3,043 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

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

Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY

Nearby Locations

Matthew De Fede

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 228-0554

matthewdefede@realtyexecutives.com

653 Franklin Ave, Nutley, NJ, 07110, USA

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62 Union St