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58 E Union Tpke

Wharton Boro, NJ 07885
  • $550,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 3799977
$550,000
  • 6
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Endless potential, exceptional value!Looking for an incredible investment opportunity? This side-by-side two-family home has instant appeal for renovators, developers, and investors. Situated on a picturesque, level lot with a semi-circular driveway for extra parking, this home offers six total bedrooms, two full bathrooms, and a detached two-car garage on a quiet street in Wharton. It is near Routes 15 and 80 and convenient to stores, restaurants, schools, and several state parks and recreational areas.With a large, covered porch out front, both units mirror each other and feature hardwood floors and spacious rooms. The first floor layout for each unit includes a large living room, a dining room, a kitchen, and a full bathroom. Off the kitchen, an entry or mudroom area opens to the large, level back yard. The second floor includes the large primary bedroom and two additional bedrooms for each unit.This ideal investment opportunity offers enormous potential " live in one unit and rent out the other or rent both units for maximum cash flow income.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Laurie Savino Realtor | Douglas Elliman. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Laurie Savino Realtor | Douglas Elliman are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-11T23:46:31.473.
www.lauriesavino.com/homes/131532809
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58 E Union Tpke Wharton Boro, NJ 07885

  • Price: $550,000
  • Status: Active
  • On Site: 9 Days
  • MLS #: 3799977
6
Beds
2
Baths
0
½ Baths
0.21
Acres
1920
Built
County:
Morris
Area:
Wharton Boro
Elementary School:
Marieduffy
Middle School:
Mackinnon
High School:
Morrishill
Property Description
Endless potential, exceptional value!Looking for an incredible investment opportunity? This side-by-side two-family home has instant appeal for renovators, developers, and investors. Situated on a picturesque, level lot with a semi-circular driveway for extra parking, this home offers six total bedrooms, two full bathrooms, and a detached two-car garage on a quiet street in Wharton. It is near Routes 15 and 80 and convenient to stores, restaurants, schools, and several state parks and recreational areas.With a large, covered porch out front, both units mirror each other and feature hardwood floors and spacious rooms. The first floor layout for each unit includes a large living room, a dining room, a kitchen, and a full bathroom. Off the kitchen, an entry or mudroom area opens to the large, level back yard. The second floor includes the large primary bedroom and two additional bedrooms for each unit.This ideal investment opportunity offers enormous potential " live in one unit and rent out the other or rent both units for maximum cash flow income.
Exterior Features

Approximate Lot Size 90X100 Exterior Description Vinyl Siding Exterior Features Open Porch(Es)Thermal Windows/Doors Garage Description Detached Garage Lot Description CornerOpen Lot Number Of Parking Spaces 6 Parking Driveway Description 1 Car WidthOn-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Ceiling Fan Heating 2 UnitsRadiators - Steam Interior Features Carbon Monoxide DetectorCarpetingFire ExtinguisherSmoke Detector Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsDenDining RoomEat-In KitchenLiving RoomPorch Unit1 Rooms 7 Unit1 Security Deposit 2850 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDenDining RoomLaundry RoomLiving RoomPorch Unit2 Rooms 7 Unit2 Sq Ft 9999

Property Features

Assessment Total 368100 Building Assessment 274500 Easement Unknown Expenses Include Hot & Cold WaterInsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 45600 Home Warranty No Land Assessment 93600 Net Operating Income 32000 Services Cable Tv AvailableFiber OpticGarbage Included Sewer Public Sewer Tax Amount 10887 Tax Rate Amount 3.051 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 13600 Unit Style 2-Two Story Unit1 Lease Expiration 2023-09-30 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit1 Rent 1900 Unit2 Handicap Modified No Unit2 Lease Expiration 2022-08-31 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit2 Rent 1900 Unit2 Security Deposit 950 Utilities ElectricGas-Natural Water Public Water Water Heater Gas

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Metropolitan.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Laurie Savino Realtor | Douglas Elliman. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Laurie Savino Realtor | Douglas Elliman are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-11T23:46:31.473.
 
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