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    354 S Main St Wharton, NJ 07885

    Pending
    For Sale
    $1,499,000

    Commercial - Wharton Boro, NJ

    Property size:
    3,301 SF
    Lot size:
    0.57 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 354 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Mixed
    Rooms
    Basement
    Parking
    15
    Parking features
    Parking Lot
    Basement Y/N
    1
    Size
    3,301 SF
    Lot size
    0.57 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Hot Water (Heating), Other (Heating), Radiant
    Cooling system
    Central Air, Ductless, Multi Units

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    5
    Flooring type
    Carpet, Concrete, Laminate, Linoleum, Tile, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Keller Williams Realty Village Square (201) 445-4300 [email protected]

    Listing agent MOHAMAD SANKAR (201) 445-4300

    Listing date Oct 29, 2025

    MLS# 3976259 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Investment Opportunity

    This expansive property, situated on over half an acre, features two separate buildings and is located in a Neighborhood Business District. The property offers flexibility and potential due to its zoning. Both buildings have undergone complete renovation and rehabilitation, including new roofs, kitchens, bathrooms, and utilities. The property is currently configured with 4 renovated apartments and an office space, each with full kitchens and bathrooms. The property boasts a net operating income of $118,000 annually. Floor plans and future plans have been created to add 2 additional 2-bedroom units to the front building. The property has the potential to expand to 7 units, with a potential net income of $190,000. The property size is 3301 square feet and the lot size is 0.57 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ener G Electric ... Electrician Command Realty Real Estate Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wharton
    County
    Morris
    State
    New Jersey
    Longitude
    -74.57907
    Latitude
    40.88727

    Nearby Similar for Sale

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    • $4,000,000
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      Mixed-Use Building with Cellular Antenna Leases

      20,000 sq ft mixed-use building with restaurant and office spaces.
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    • $300,000
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      Spacious First-Floor Apartment with Amenities

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    • $669,000

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    FAQs

    What type of property is this?
    Investment property - Two renovated buildings on a large lot with expansion potential.
    Where is this investment property located?
    The property is located at 354 S Main St Wharton, NJ.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - High Net Operating Income (NOI) of $118,000 annually.; - Potential to increase NOI to $190,000 by adding 2 more units.; - Located on a large lot (over half an acre) with 2 separate buildings.
    (201) 445-4300
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    354 S Main St Wharton, NJ 07885
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