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    Dover, NJ Mine Hill, NJ Rockaway, NJ Denville, NJ Mount Arlington, NJ Jefferson Twp, NJ Roxbury Township, NJ Hopatcong, NJ
    High-Income Multifamily Investment Property
    Updated: Mar 11
    High-Income Multifamily Investment Property

    281 S Main St, Wharton, NJ 07885

    $1,900,000
    0.09 AC lot
    High‑income 6‑unit investment property generating six figures annually.
    Six private garages included, adding convenience and income potential.
    Located in a competitive rental market with rare vacancies and top‑tier rental rates.
    Massive stand‑up attic ready for conversion into additional living space.
    Walking distance to local restaurants, shops, and daily conveniences; minutes from top‑rated Wharton schools.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Wharton, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Restaurant Lease
    Mixed-Use Property with Restaurant Lease

    571 Bloomfield Ave, Montclair, NJ 07042

    $3,500,000
    10,000 sqft

    Mixed-use property featuring a restaurant and six apartments.

    View details
    Six-Unit Multifamily Property
    Six-Unit Multifamily Property

    44 Gates Ave, Montclair, NJ 07042

    $1,990,000

    Six-unit residential income building with four garage bays and on-site laundry hook ups.

    View details
    Historic Theater with Apartments
    Historic Theater with Apartments

    39 W Black Well St Abcde, Dover, NJ 07801

    $3,750,000
    5,413 sqft 0.46 AC lot

    Historic 1200-seat theater with retail space and apartments.

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    Historic Theater with Retail, Apartments
    Historic Theater with Retail, Apartments

    39 W Black Well St Abcde, Dover, NJ 07801

    $3,750,000
    0.46 AC lot

    Historic 1200-seat theater with retail space and apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Wharton, NJ Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Wharton, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,900,000.

    Sale prices for two-family homes in Wharton, NJ start at $1,900,000, averaging $1,900,000, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) +18.0%
    Median Household Income $100,903
    College Educated 47.3%

    High-Yield Neighborhoods for Investment

    Identify Wharton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07885 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $34.20 per SF
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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