Date
Details
Price
Change
Source
8/27/2026
Listed
$699,000
—
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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$699,000 Just Listed
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Property Description
Two-Family with a detached 3-Car Garage Unlock an exceptional stream of passive revenue or execute a brilliant, solid, high-yield two-family investment property. Nestled in one of the area's most desirable and highly sought-after neighborhoods, this home is overall in good condition with just a few minor cosmetic blemishes presenting a fantastic opportunity to build quick equity while commanding premium market rents. Located directly across the street from a nice community park. Tenants enjoy immediate access to open green space and outdoor recreation without you needing to maintain a massive yard.Rent the 3 car garages separately to locals for a third distinct stream of income, or use them as a premium incentive to secure top-tier, long-term tenants. Cut down on travel times completely. Enjoy quick, effortless access to all major regional routes and highways, making this an incredibly attractive location for working professionals. Situated in a peaceful neighborhood pocket known for its excellent, welcoming, and quiet neighbors ensuring high tenant retention and long-term neighborhood stability.Whether you are looking to scale an existing real estate portfolio or buy your first home while letting a tenant pay down your mortgage, this property is a proven earner. Multi-family assets combining this level of structural utility, neighborhood charm, and detached garage space are exceptionally rare.
Full Property Details
Full Property Details for 54 Union St
General
- Price: $699,000
- Taxes: $11,470 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4049274
- Updated: 8/27/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Sidewalk
- Color: Beige
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Detached Garage
Location
- County: Morris
- Driving Directions: Main to Union
School Information
- Elementary School: MarieDuffy
- Middle School: Mackinnon
- High School: MorrisHill
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 1 Unit, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Architectural Style: 3-Three Story, Under/Over
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Partial
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: 50 x 100
- Driveway/Sidewalk: 1 Car Width, Additional Parking, Blacktop
- Zoning: Residential
- Lot Description: Irregular Lot
Financial Considerations
- Operating Expenses: $1,000,001
- Assessment Amount: $332,900
- Land Assmt: $126,700
- Tax Amount: $11,470
- Tax Year: 2025
Disclosures and Reports
- Exclusions: No exclusions
- Block: 1705
- Lot Number: 11
Listed by Keller Williams Metropolitan
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Listing agent
— 54 Union St —
Keller Williams Metropolitan
973-539-1120
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 54 Union 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 | 0.3 mi |
A C Mac Kinnon Middle School 137 East Central Avenue, Wharton, NJ 07885 | 6-8 | 0.3 mi |
Morris Hills High School 520 West Main Street, Rockaway, NJ 07866 | 9-12 | 2.7 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 54 Union St
Tax History
Tax History for 54 Union St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,445
—
$459,600
10%
2024
$11,445
18%
$417,100
21%
2022
$9,726
5%
$345,100
6%
2021
$9,269
3%
$325,500
7%
2020
$8,969
9%
$303,800
5%
2019
$8,256
5%
$288,500
11%
2018
$7,839
1%
$259,400
2%
2017
$7,796
11%
$255,200
3%
2016
$7,024
1%
$246,700
1%
2015
$6,986
-15%
$244,000
-9%
2019
$8,256
20%
$267,700
11%
2013
$6,878
—
$241,300
-1%
2013
$6,878
—
$244,000
—
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 54 Union St
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54 Union St, Wharton, NJ 07885 (MLS# 4049274) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 54 Union St is currently listed for $699,000 and was received on August 27, 2026. Want to learn more about 54 Union St? Do you have questions about finding other Multi-Family real estate for sale in Wharton? You can browse all Wharton real estate or contact a Coldwell Banker agent to request more information.