Penny Lane Realtors
The median home value in Wharton, NJ is $350,000.
This is
lower than
the county median home value of $491,000.
The national median home value is $308,980.
The average price of homes sold in Wharton, NJ is $350,000.
Approximately 57% of Wharton homes are owned,
compared to 37% rented, while
6% are vacant.
Wharton real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Wharton real estate agent to arrange a tour today!
Learn more about Wharton.
Great Investment & Opportunity to own a 20,000 square foot all Brick Building on 1.51 Acres that is mixed use with offices and a Restaurant. Comes with a Liquor License being used by the Restaurant (Norte175). Restaurant Has Security & Sprinkler System. This once Silk Mill was built in 1885 sits on Washington Forge Pond with a Dam running along the side of the building with serene sounds and setting. Office Spaces from 250 sq ft to 4500 sq ft. Existing Tenants include Architects, Photography Studio, Art Studio, Engineering Group, Training Group, Psychologists, and a Religious Group. Features 14 Foot Ceilings, 15" to 25" Column Spacing and charming Brick Walls. 2nd LEVEL CAN BE RESIDENTIAL FOR RENTALS OR CONDOS.. There is an Easement for the Decommissioned Water Tower Licensed for Cellular Antennas. Close to Rt 80, Rt. 46 & Rt. 15. Close to Dover & Mt. Arlington Train Stations and NYC Buses. There are 50 Surface Parking Spaces. Unique Opportunity Awaits!
Welcome to your prime investment opportunity nestled on Main Street in Wharton, NJ! This versatile property offers the perfect blend of commercial potential and residential comfort. Unit 1 is an open storefront property and Unit 2 is a spacious 2-bedroom apartment with a large eat-in kitchen, its own laundry facilities, a private backyard, and a patio. Also listed as a commercial #
High Income 6-Unit Investment Property with Garages in Downtown Wharton! This RARE 6-Unit, Multifamily building is a high-performing asset with serious upside. Fully rented and generating six figures in annual income, this property offers a strong return from day one. In one of morris county's most competitive rental markets, where vacancies are rare and rental rates remain top-tier. The building features a mix of 1 to 3 bedrooms units. Included are 6 private garages. A major perk, adding both convenience and extra income potential. For the Value-add Investor, the possibilities are endless: A massive stand-up attic is ready to be converted into additional living space. Full basement can be transformed into a laundry facility, tenant storage, or a shared community area. Large open lot with possibility for expansion. Positioned within walking distance of local restaurants, shops, and daily conveniences, and just minutes from top-rated Wharton schools!! This property is also close to major highways. Offering seamless access for commuters. 5 Newer water heaters installed in 2023! Newer Boiler installed in 2020. Whether you're expanding your portfolio or seeking a stable, income-producing asset in a growing downtown, this is a CANT-MISS OPPORTUNITY in Downtown Wharton. Please ask for 3 minute highlight video TO better see this GEM!!
