31 S Main St, Wharton, NJ 07885
Storefront on S Main St suited for service-oriented retail uses; buyer must verify zoning and commercial permissions.
- Added:
- Jun 9, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 16 at 3:16 am
Property Features for 31 S Main St
General Information
- Standard status
- Active
- Size
- 1,550 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agent KUNHO LEE
Listing office EXP REALTY, LLC (866) 201-6210
Listing date Jun 9, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY, LLC
HighLights
- Storefront on S Main St in Wharton Borough, NJ, suited for service‑oriented retail uses (buyer to verify).
- Year built: 1950.
- Buyer must verify zoning and commercial usage permissions with the Wharton Borough zoning office.
Overview
The address provides a direct connection to Wharton Borough’s commercial corridor, with the broader area described as having direct access to major transportation arteries including Interstate 80 and Route 15. Any specific tenant fit should be confirmed based on the local requirements tied to the property and intended use.
Because zoning and permitted commercial usage can vary by property type and location, the buyer must verify all zoning and usage permissions with the Wharton Borough zoning office before finalizing plans. This makes the property best suited for buyers and investors who want a straightforward, owner-controlled retail storefront and are prepared to complete diligence on permitted uses and compliance requirements prior to occupancy.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.5k | $21.60 |
| − Vacancy | −$1.9k | −$1.21 |
| EGI | $31.6k | $20.39 |
| − OpEx | −$9.5k | −$6.12 |
| NOI | $22.1k | $14.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wharton
- County
- Morris
- State
- New Jersey
- Longitude
- -74.5834528
- Latitude
- 40.8980182