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354 S Main St, Wharton, NJ 07885
$1,800,000
354 S Main St, Wharton, NJ 07885View this property at 354 S Main St, Wharton, NJ 07885
354 S Main StWhartonNJ07885
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Property 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 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!
Full Property Details
Full Property Details for 354 S Main St
General
- Price: $1,800,000
- Taxes: $20,230 (2023)
- Status: Active
- Type: Office
- MLS ID: 3894540
- Updated: 4/9/2024
- Added to Site: 25 day(s) ago
Business
- Includes: Building & Land, Building Only
Interior
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Restrooms: 7
Additional Information
- Equipment: Fire Alarm, Kitchen Area, Restrooms - Private, Smoke Detector, Storage Area(s)
Parking
- Garage Spaces: 17
- Total Spaces: 17
- Parking: Common, Driveway-Exclusive, Hard Surface, Parking Lot-Exclusive
Location
- County: Morris
- Driving Directions: E. Sterling St. to S. Main St.
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: 4+ Units
- Heating Type: 4+ Units
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Natural Gas, Cable TV, Cable TV Available, Internet Available
Structural Information
- Construction: Metal Frame
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Storage
- Roof: Asphalt Shingles
- Ceiling Height: 8
- Loading: See Remarks
- Stories in Building: 3
- Square Feet: 5,330
- Aprox. Leasable: 5,330 Sq. Ft.
- Office: 607 Sq. Ft.
- Year Built: 1900
- Remodeled/Updated: 2024
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
- Units w/Full Bath: 5
Lot Features
- Lot Size (Acres): 0.57
- Lot Size: 150X168 AV
- Permitted Use: Mix-Use
- Zoning: R-65
- Lot Description: Level Lot, Open Lot
Financial Considerations
- Price Per Sq. Ft.: $337
- Assessment Amount: $675,700
- Land Assmt: $182,200
- Tax Amount: $20,230
- Tax Year: 2023
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2339-02011-0000-00014-0000-
- Block: 2011
- Lot Number: 14
Listed by Exit Golden Realty Group Llc
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Schools
Schools serving 354 S Main St
School Districts:Wharton Borough Public Schools, Morris Hills Regional District
Rating | Name | Grades | Distance |
---|---|---|---|
137 E Central Ave, Wharton, NJ 07885 | PK-5 | 0.6 mi | |
137 E Central Ave, Wharton, NJ 07885 | 6-8 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 354 S Main St
Date
Details
Price
Change
Source
4/09/2024
Price Reduced
$1,800,000
-90%
MLS
4/05/2024
Listed
$18,000,000
2566.67%
MLS
3/09/2021
Sold
$675,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 354 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$20,231
43%
$675,700
2%
2020
$14,174
4%
$663,100
45%
2019
$13,631
2%
$455,900
3%
2018
$13,369
-2%
$442,400
—
2019
$13,631
2%
$442,000
1%
2017
$13,326
7%
$436,200
—
2016
$12,419
10%
$436,200
10%
2015
$11,332
-9%
$395,800
—
2013
$12,471
—
$396,100
-10%
2013
$12,471
—
$442,400
—
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 354 S Main St
354 S Main St, Wharton, NJ 07885 (MLS# 3894540) is a Office property. 354 S Main St is currently listed for $1,800,000 and was received on April 05, 2024. Want to learn more about 354 S Main St? Do you have questions about finding other Office real estate for sale in Wharton? You can browse all Wharton real estate or contact a Coldwell Banker agent to request more information.