Date
Details
Price
Change
Source
4/09/2025
Listed
$4,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/30
$4,000,000
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Property Description
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. Available is the Liquor License being used for the Restaurant (Norte 175). Restaurant Has Security & Sprinkler System. There is a Decommissioned Water Tower on the Building (Tower roof was done in 1998). This Tower is Approved for Cellular Antenna Leases for up to 100 years. Currently Leasing to T Mobile & Verizon. And there is space for Two (2) more Antennas. 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 Space 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. 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!
Full Property Details
Full Property Details for 175 N Main St
General
- Price: $4,000,000
- Taxes: $65,098 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 3956582
- Updated: 5/23/2025
- Added to Site: 288 day(s) ago
Business
- Includes: Building & Land, Building Only, Operating Licenses
Rental Information
- Lease/Rent Term: Mixed
- Lease Includes: Building Insurance, Building Maintenance, Cooling, Gas, Heat, See Remarks, Sewer, Taxes, Trash Removal, Water
- Lease Terms: 1 Year Minimum, Negotiable
Interior
- Flooring: Carpeting, Concrete, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Appliances, Exhaust System, Fixtures, Kitchen Area, Restrooms - Public, See Remarks, Sign - Building, Storage Area(s)
Exterior
- Color: Brick
Parking
- Garage Spaces: 50
- Parking: Blacktop, Lighting, Parking Lot-Exclusive
Location
- County: Morris
- Subdivision: Washington Pond Silk Mill
- Driving Directions: GPS 175 North Main Street, Wharton, NJ
- Location Details: Business District, Corner, Freestanding
Heating & Cooling
- Cooling Type: 4+ Units, Built-In, Central Air Conditioning, Ductless Split AC, Elec Air Filter, Multi-Zone Cooling
- Heating Type: 4+ Units, Auxiliary Electric Heat, Forced Hot Air, Multi-Zone
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer, See Remarks
- Water: Public Water, See Remarks
- Utility Description: Electric, Natural Gas, Cable TV Available, Fiber Optic Available, Garbage Extra Charge
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Crawl Space, Partial, Unfinished
- Roof: Asphalt Shingles
- Ceiling Height: 14
- # Loading Docks: 1
- Loading: Truck Docks
- Stories in Building: 2
- Square Feet: 20,000
- Aprox. Leasable: 20,000 Sq. Ft.
- Previous Bldg. Use: Silk Mill
- Year Built: 1885
- Remodeled/Updated: 2011
Lot Features
- Lot Size (Acres): 1.51
- Lot Size: 1.51 AC
- Permitted Use: Office, Business, Retail, Restaurant, School, Church
- Zoning: CBD & Res
- Lot Description: Lake/Water View, Level Lot, Open Lot
Financial Considerations
- Expenses: Electricity, Insurance, See Remarks, Snow Removal, Taxes, Water/Sewer
- Assessment Amount: $2,400,000
- Land Assmt: $483,200
- Tax Amount: $65,098
- Tax Year: 2024
- Owner Pays: Electric, Gas, Heat, Maintenance-Lawn, See Remarks, Sewer, Snow Removal, Water
- Tenant Pays: See Remarks
- Pays Utilities: Landlord
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases, Site Plan, Survey Available
- APN: 2339-00703-0000-00030-0000-
- Block: 703
- Lot Number: 30
Listed by KL SOTHEBY'S INT'L. REALTY
We Value Your Privacy
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Listing agent
— 175 N Main St —
KL SOTHEBY'S INT'L. REALTY
908-334-1151
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 175 N Main St
School Districts:Wharton Borough School District, Morris Hills Regional School District
| Name | Grades | Distance |
|---|---|---|
Marie V. Duffy Elementary School 137 East Central Avenue, Wharton, NJ 07885 | PK-5 | 0.6 mi |
A C Mac Kinnon Middle School 137 East Central Avenue, Wharton, NJ 07885 | 6-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 175 N Main St
Tax History
Tax History for 175 N Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$65,098
-1%
$2,400,000
9%
2022
$65,736
-2%
$2,200,000
—
2021
$67,122
-2%
$2,200,000
—
2020
$68,398
3%
$2,200,000
—
2018
$66,484
-1%
$2,200,000
—
2017
$67,210
12%
$2,200,000
5%
2016
$59,787
-22%
$2,100,000
-21%
2015
$76,511
13%
$2,672,400
21%
2019
$67,848
-10%
$2,200,000
-18%
2013
$75,335
—
$2,672,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 175 N Main St
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175 N Main St, Wharton, NJ 07885 (MLS# 3956582) is a Retail property. 175 N Main St is currently listed for $4,000,000 and was received on April 09, 2025. Want to learn more about 175 N Main St? Do you have questions about finding other Retail real estate for sale in Wharton? You can browse all Wharton real estate or contact a Coldwell Banker agent to request more information.