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$729,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 1 day ago
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Well-maintained 3-unit multi-family property offering strong income potential. Key capital improvements already completed. This property features a spacious 3 BR Unit and two 1 BR Units (one larger than the other), providing a versatile rental mix attractive to a broad tenant base. Recent upgrades include a new roof, furnace and hot water heater in each unit, helping to reduce near-term capital expense concerns. The layout allows for solid rental performance with manageable operating oversight for investors. Conveniently located near major roadways, shopping, dining, and everyday services, the property offers practical access to area amenities and commuter routes. Great return now, with potential for upside. An excellent opportunity for investors seeking a stable, income-producing asset with major mechanical updates already addressed. Great opportunity to acquire a rare 3 unit multi in Morris.

Full Property Details for 62 Union St

General

  • Price: $729,000
  • Taxes: $15,661 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4007249
  • Updated: 1/29/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 16
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Open Porch(es), Sidewalk

Location

  • County: Morris
  • Driving Directions: Main to Union st

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 3 Units, Radiant - Hot Water
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 3-Three Story, Under/Over
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Walk-Out
  • Roof: Asphalt Shingles
  • Square Feet: 3,043
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living Room, Porch
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Unit Description: Attic, Bedrooms, Dining Room, Kitchen, Living Room, Porch
  • Square Feet: 9999
  • Levels/Stories: 3
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 50 x 100
  • Driveway/Sidewalk: 2 Car Width, Driveway-Shared, Off-Street Parking
  • Lot Description: Corner

Financial Considerations

  • Operating Expenses: $20,000
  • Assessment Amount: $470,700
  • Land Assmt: $101,500
  • Tax Amount: $15,661
  • Tax Year: 2024

Disclosures and Reports

  • Block: 1705
  • Lot Number: 13
Buyer's Brokerage Compensation: Contact Listing Agent
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— 62 Union St —

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with our affiliated lender
NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 62 Union St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Listed
$729,000
102.5%
MLS
4/18/2018
Sold
$360,000
—
Public Record
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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 62 Union St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,662
14%
$572,200
17%
2022
$13,688
10%
$488,800
7%
2021
$12,418
3%
$458,100
13%
2020
$12,026
5%
$407,000
5%
2019
$11,457
6%
$386,800
8%
2018
$10,834
-5%
$358,500
-3%
2019
$11,457
7%
$371,500
6%
2017
$10,754
160%
$352,000
143%
2016
$4,131
1%
$145,100
1%
2015
$4,103
2%
$143,300
1%
2013
$4,040
—
$141,600
-1%
2013
$4,040
—
$143,300
—
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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62 Union St, Wharton, NJ 07885 (MLS# 4007249) is a Multi-Family property with 3 units containing 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 62 Union St is currently listed for $729,000 and was received on January 29, 2026. This property is listed by Anthony Piccirillo from our Wayne Office.Want to learn more about 62 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.

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