62 Union St

Sq. Ft.
/ Sq. Ft.
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per Sq. Ft.

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...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.
  1. Listed by ANTHONY PICCIRILLO • COLDWELL BANKER REALTY

Property Details for 62 Union Street

Directions
Main to Union st
Days On Market
13
LISTING UPDATED: 02/11/2026 10:46 AM

Property Details for 62 Union Street

StatusActive
MLS #4007249
Days on Market23
Taxes$15,661 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyMorris County

Location

Listing Courtesy of COLDWELL BANKER REALTY, ANTHONY PICCIRILLO
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Building Information for 62 Union Street

Stories-Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,858 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,553

Property Taxes

$1,305

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 62 Union Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 13
  • County #: Morris
  • Town Name: Wharton Boro
  • Block Identifier: 1705
  • Listing Type: Exclusive Right to Sell
  • Town #: 2339.0
  • Street # Display: 62.0
  • # Parking Spaces: 6
  • County Or Parish: Morris
  • Street Name: Union St
  • Zip Code: 07885-2133
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $15,661
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 572200.0
  • Tax ID For Property: 2339-01705-0000-00013-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Driveway-Shared, Off-Street Parking
Property
Lot Information
  • Lot Description: Corner
  • Lot Identifier: 13
  • Approximate Lot Size: 50X100
  • Total Acres: 0.12
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 470700.0
  • Assessment Land: 101500.0
  • Attorney Review in Progress: *
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Heating: 3 Units, Radiant - Hot Water
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 1550.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Porch
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 2600.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CeilFan, CookElec, SmokeDet
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 08-31-2026
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 1750.0
  • Unit 2 Room Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 2550.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
  • Unit 3 Baths: 2.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Lease Expiration: 10-31-2026
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 3 Rent: 2250.0
  • Unit 3 Room Description: Attic, Bedrooms, Dining Room, Kitchen, Living Room, Porch
  • Unit 3 Rooms: 9.0
  • Unit 3 Security Deposit: 3400.0
  • Unit 3 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $20,000.00
  • Net Operating Income: $46,000.00
  • Gross Operating Income: $66,000.00

Property History for 62 Union Street

DateEvent & SourcePriceAppreciation
Jan 29, 2026

Listed (Active)

GSMLS #4007249

$729,000
Apr 18, 2018

Sold (Public Record)

Public Record #620814943

$360,000
Apr 18, 2018

Sold

GSMLS #3427678

$360,000
Oct 27, 2017

Listed (Active)

GSMLS #3427678

$395,000
DateEvent & SourcePrice
01/29/2026

Listed (Active)

GSMLS #4007249

$729,000
04/18/2018

Sold (Public Record)

Public Record #620814943

$360,000
04/18/2018

Sold

GSMLS #3427678

$360,000
10/27/2017

Listed (Active)

GSMLS #3427678

$395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 62 Union Street

Taxable ValueLand$101,500Additions$470,700Total$572,200
Tax Record2024$15,662 ($1,305 / month)
Home Facts
Beds0Total Finished SqFt3,043 SqFtAbove Grade Finished SqFt3,043 SqFtStories2Lot Size5,001 SqFtStyleSingle Family ResidenceYear Built1900ZoningRM65CountyMORRISAPN39 01705-0000-00013

Schools near 62 Union Street

This home is within Morris Hills Regionalschool District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Marie V. Duffy Elementary School
PublicPK to 5

A C Mac Kinnon Middle School
Public6 to 8

Morris Hills High School
Public9 to 12

Morris Knolls High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

62 Union Street is a multi-family home for sale in Wharton, NJ 07885. This property was listed for sale on January 29, 2026 by COLDWELL BANKER REALTY, it's currently listed at $729,000. It has been on the market for a total of 23 days and was last sold on April 18, 2018. This listing's school districts are Morris Hills Regionalschool District, Wharton Borough Board Of Education School District. Nearby schools include Marie V. Duffy Elementary School, A C Mac Kinnon Middle School and Morris Hills High School. 62 Union Street is a 5-bed, 4-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, ANTHONY PICCIRILLO

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 02/22/2026 02:25 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 02/22/2026 02:25 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.