6 Fern Ave, Wharton, NJ 07885
Two 2BR/1BA units with partial rehab completed, plus attic potential, tenant-paid utilities, and ongoing renovation opportunity.
- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 24 at 4:38 am
Property Features for 6 Fern Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing office Fairclough Realtors (973) 726-7800
Listing date Jun 23, 2026
Source Elliman
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HighLights
- 2‑unit multifamily built in 1900; both units are 2BR/1BA.
- One side is undergoing complete gut rehab; the other side is occupied with rent currently at $1,400.
- Partial rehab upgrades include a new roof and flashing, new front deck, asbestos remediation, and electrical work.
- Structural improvements include steel support beams in the basement; building is described as very solid and ready for next rehab steps.
- Tenant‑paid utilities except sewer; vacant unit has a good‑sized attic with potential to convert to additional finished space.
- Wharton rehab project also allows for demolition and replacement with a larger multifamily building.
Overview
The owner has already completed several substantial upgrades, including a new roof with flashing, a new front deck, asbestos remediation, and electrical work, along with steel support beams in the basement. The building is described as solid and ready for the next steps of rehab. Tenants pay for all utilities except sewer.
For a buyer or operator, the property offers a structured path to value creation through completing the renovation on the currently occupied unit and considering attic conversion on the other side. Alternatively, the public remarks indicate the option to demolish and replace with a larger multifamily building, depending on the buyer’s redevelopment plan.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wharton
- County
- Morris
- State
- New Jersey
- Longitude
- -74.5821278
- Latitude
- 40.8999584