54 Union St, Wharton Boro, NJ 07885

$699,000
5
BD
2
BA

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List Price
$699,000
MLS#
4049274
Year Built
9999
Status
ACTIVE
County
Morris
City
Wharton Boro
Bedrooms
5
Bathrooms
2
Baths Full
2
Acres
0.12

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.

Additional Information

Taxes
$11,470
Cooling
None
Exterior
Vinyl Siding
Garage Spaces
3
Garage Description
Detached Garage
Heating
1 Unit, Baseboard - Hotwater
Interior
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Roof
Asphalt Shingle
Elementary School
MarieDuffy
Middle School
Mackinnon
High School
MorrisHill
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Irregular Lot
Exterior Features
Sidewalk
Garage Description
Detached Garage

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Listing Courtesy Of KELLER WILLIAMS METROPOLITAN, Contact: 973-539-1120

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