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$1,800,000 Just Listed

  • For Sale
  • Active
  • Office
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Mixed-Use investment opportunity generating around $141,600 annual gross income with newly executed 3-year retail lease and stable residential occupancy. Property is approx 1/2 acre with 2 separate buildings located in a B-1 zoning district (neighborhood business district). Renovations include new roofs, kitchens, bathrooms and utilities. Current use includes 4 apartments and an office space with full kitchens and bathrooms. Great potential for investors. Convenient location in town, close to major highways (Rt 46,15,80), near mass transit, hospital and shopping.

Full Property Details for 354 S Main St

General

  • Price: $1,800,000
  • Taxes: $20,534 (2025)
  • Status: Active
  • Type: Office
  • Source: Garden_State
  • MLS ID: 4030354
  • Updated: 5/27/2026
  • Added to Site: 2 day(s) ago

Business

  • Includes: Building & Land

Interior

  • Flooring: Carpeting, Concrete, Laminate, Tile, Vinyl-Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Restrooms: 5

Additional Information

  • Equipment: Appliances, Fire Alarm, Kitchen Area, Restrooms - Private, Security System, Smoke Detector, Storage Area(s)

Parking

  • Garage Spaces: 15
  • Parking: Blacktop, Lighting, Off-Street Parking, Parking Lot-Exclusive

Location

  • County: Morris
  • Driving Directions: Route 46 to South Main St
  • Location Details: Business District, Freestanding, Residential Area

Heating & Cooling

  • Cooling Type: 4+ Units, Central Air Conditioning, Ductless Split AC
  • Heating Type: 4+ Units, Forced Hot Air, Radiant - Electric, Radiators - Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV Available

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Storage, Unfinished
  • Roof: Asphalt Shingles
  • Stories in Building: 2
  • Square Feet: 3,301
  • Aprox. Leasable: 2,519 Sq. Ft.
  • Office: 1,000 Sq. Ft.
  • Year Built: 1900
  • Remodeled/Updated: 2025

Unit Information

  • 1 Bedroom Units: 2
  • 2 Bedroom Units: 1
  • 3 Bedroom Units: 1
  • Units w/Full Bath: 4
  • Units w/Half Bath: 1

Lot Features

  • Lot Size (Acres): 0.57
  • Lot Size: 150X168 AV
  • Zoning: mixed
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Insurance, Maintenance - Exterior, Snow Removal, Taxes, Water/Sewer
  • Operating Expenses: $25,600
  • Assessment Amount: $1,224,400
  • Land Assmt: $307,200
  • Tax Amount: $20,534
  • Tax Year: 2025
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Building Plans, Income & Expenses, Leases, Site Plan, Survey Available
  • APN: 2339-02011-0000-00014-0000-
  • Block: 2011
  • Lot Number: 14

Listed by Weichert Realtors

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Listing agent

— 354 S Main St —

  • Weichert Realtors

973-229-6935

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 354 S Main St

School Districts:Wharton Borough School District, Morris Hills Regional School District
NameGradesDistance
Marie V. Duffy Elementary School
137 East Central Avenue, Wharton, NJ 07885
PK-50.6 mi
A C Mac Kinnon Middle School
137 East Central Avenue, Wharton, NJ 07885
6-80.6 mi
Morris Hills High School
520 West Main Street, Rockaway, NJ 07866
9-122.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 354 S Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/27/2026
Listed
$1,800,000
33.33%
MLS
1/13/2026
Sold
$1,350,000
—
Public Record
Get Price Alerts and Save Property
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 for 354 S Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,695
2%
$746,700
7%
2023
$20,230
—
$699,400
4%
2022
$20,190
—
$675,700
—
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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354 S Main St, Wharton, NJ 07885 (MLS# 4030354) is a Office property. 354 S Main St is currently listed for $1,800,000 and was received on May 27, 2026. 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.

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