354 South Main Street

Wharton, NJ 07885

$1,800,000
Price
Beds
4,485 Sq. Ft.
$401 / Sq. Ft.
4,485
Sq. Ft.
$401
per Sq. Ft.

Description

Welcome to a remarkable opportunity in the world of Real Estate! Situated on over half an acre, with 2 separate buildings this property boasts one of the largest lots available in town. Nestled within a B-1 Zoning District (Neighborhood Business District), it offers abundant potential and versatility for its owner. Currently configured with four apartments and an office space, its current income potential exceeds $138,000, signaling an investment worthy of your consideration. Nearly all units have...Welcome to a remarkable opportunity in the world of Real Estate! Situated on over half an acre, with 2 separate buildings this property boasts one of the largest lots available in town. Nestled within a B-1 Zoning District (Neighborhood Business District), it offers abundant potential and versatility for its owner. Currently configured with four apartments and an office space, its current income potential exceeds $138,000, signaling an investment worthy of your consideration. Nearly all units have undergone renovations, ensuring a low-maintenance property for years to come. Take advantage of the detailed floor plans and immersive 3D Virtual tours we've meticulously prepared for your convenience. Let's collaborate on analyzing the numbers, aligning with your objectives, and realizing your ultimate investment aspirations! Could this be the property you've been eagerly awaiting? It certainly merits your attention! Schedule your private inspection today!
  1. Listed by Yousef Zeidan • Exit Golden Realty Group, LLC • (201) 997-4425

Property Details for 354 South Main Street

Style
Res/Com Mixed
Sub style
Othr/Apt

Location

Listing Courtesy of Exit Golden Realty Group, LLC, Yousef Zeidan
Add your commute
LISTING UPDATED: 03/03/2024 01:34 PM

Property Details for 354 South Main Street

StatusActive
MLS #24006330
Days on Market56
Taxes$20,190 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMixed Use / Res/Com Mixed
Year Built-
Lot Size-
CountyMorris County

Location

Listing Courtesy of Exit Golden Realty Group, LLC, Yousef Zeidan
Add your commute

Virtual Tour

Building Information for 354 South Main Street

Stories3Residences4Year Built-Lot Size-

Payment Calculator

$11,506 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$1,683

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 354 South Main Street

Summary
Location and General Information
  • Area: 1439
  • Area name: Wharton Borough
  • Directions: E. Sterling St. to S. Main St.
  • Dep Status: Undetermined
  • Asv total: 675700
  • Street Name: Main
  • County Name: MORRIS
  • Status: ACTIVE
  • Street Number Numeric: 354
  • Street Direction: South
  • Zip Code: 07885
Taxes and HOA Information
  • Easements: None Known
  • Tax: $20,190
Parking
  • Parking Spaces: 17
Property
Lot Information
  • Lot: 00014
  • Year Built: 1900-1939, Renovated, 2020's
  • Propertype ro: Munincipal Water, Sewer
  • Sale sqft: 4485.0
  • Land frontage: 150.0
  • Land sqft: 25199.0
  • Land Depth: 171.0
  • Block: 02011
Property and Assessments
  • Land assessment: $182,200
  • Building Assessment: $493,500
  • Photo: Y
  • Photo Number: 50
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Number of Units: 4
  • Ceiling high: 8.0
  • Number Of Stories: 3
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Flat, Peaked
  • Construction: Frame
Multi Family
Multi-Family Information
  • No of Common units: 1
  • No1 Bedroom units: 2
  • No2 Bedroom units: 1
  • No3 Bedroom units: 1
Income & Expenses Information
  • Gross Income: $138,000.00
Agent
Sale and Listing Information
  • Search Class: MIX
  • List Price: $1,800,000.00
  • Listing Date: 03-02-2024
  • Status Date: 03-03-2024
Showing Information
  • Internet Remarks: Welcome to a remarkable opportunity in the world of Real Estate! Situated on over half an acre, with 2 separate buildings this property boasts one of the largest lots available in town. Nestled within a B-1 Zoning District (Neighborhood Business District), it offers abundant potential and versatility for its owner. Currently configured with four apartments and an office space, its current income potential exceeds $138,000, signaling an investment worthy of your consideration. Nearly all units have undergone renovations, ensuring a low-maintenance property for years to come. Take advantage of the detailed floor plans and immersive 3D Virtual tours we've meticulously prepared for your convenience. Let's collaborate on analyzing the numbers, aligning with your objectives, and realizing your ultimate investment aspirations! Could this be the property you've been eagerly awaiting? It certainly merits your attention! Schedule your private inspection today!
Rental
Rental Information
  • Rent sqft: 3713
  • Owner pays: O/See Rmrks, Snow

Property History for 354 South Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 354 South Main Street

Taxable ValueLand$182,200Additions$493,500Total$675,700
Tax Record2022$20,190 ($1,682 / month)
Home Facts
Total Finished SqFt2,932 SqFtAbove Grade Finished SqFt2,932 SqFtLot Size25,199 SqFtStyleMiscellaneous CommercialYear Built1900ZoningR-65CountyMORRISAPN39 02011-0000-00014

Schools near 354 South Main 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.

Similar Homes

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Similar Sold Homes

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354 South Main Street is a mixed use property for sale in Wharton, NJ 07885. This property was listed for sale on March 2, 2024 by Exit Golden Realty Group, LLC, it's currently listed at $1,800,000. It has been on the market for a total of 56 days and was last sold on March 9, 2021. 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. 354 South Main Street is a 0-bed, 0-bath, 4,485 sqft mixed use property.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Golden Realty Group, LLC, Yousef Zeidan

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 04/30/2024 12:57 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.