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    Storefront Retail Property Title is generated by Realmo AI

    31 S Main St, Wharton, NJ 07885

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    For Sale
    $300,000

    Storefront on S Main St suited for service-oriented retail uses; buyer must verify zoning and commercial permissions.

    Type:Commercial
    Property size:
    1,550 SF
    Price / SF:
    $193/SF
    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

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    Listing Contact
    KUNHO LEE

    Listing agent KUNHO LEE

    Listing office EXP REALTY, LLC

    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

    This for-sale storefront retail property consists of approximately 1,550 square feet and is located at 31 S Main St in Wharton Borough, NJ. The site is presented as a long-established commercial property within the borough and is positioned for service-based retail concepts such as a dry cleaner, convenience store, or specialty shop, subject to applicable approvals.

    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
    1,550 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $316.1K
    $276.6K – $368.7K (±1% cap)
    NOI $22,124 @ 7.0% cap · market cap 7.37%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $404.7K
    $354.2K – $472.2K (±1% cap)
    NOI $28,332 @ 7.0% cap · market cap 9.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Gilbert, Lawrence, DDS Dental Office Main Street Cleaners (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wharton
    County
    Morris
    State
    New Jersey
    Longitude
    -74.5834528
    Latitude
    40.8980182

    FAQs

    What type of property is this?
    Storefront property - Storefront on S Main St suited for service-oriented retail uses; buyer must verify zoning and commercial permissions.
    Where is this storefront property located?
    The property is located at 31 S Main St Wharton, NJ.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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