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    Two-Unit Residential Income Property Title is generated by Realmo AI

    6 Fern Ave, Wharton, NJ 07885

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    For Sale
    $450,000

    Two 2BR/1BA units with partial rehab completed, plus attic potential, tenant-paid utilities, and ongoing renovation opportunity.

    Type:Multi Family
    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

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    MARC WEITZ

    Listing office Fairclough Realtors

    Listing date Jun 23, 2026

    Source Elliman

    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 Fairclough Realtors

    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

    This is a two-unit residential income property consisting of two 2-bedroom, 1-bath apartments. One side is described as a complete gut rehab, while the other side is occupied and will require further improvements to reach market rents. A good-sized attic on the vacant unit could potentially be converted into additional finished space.

    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.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wharton
    County
    Morris
    State
    New Jersey
    Longitude
    -74.5821278
    Latitude
    40.8999584

    FAQs

    What type of property is this?
    Duplex - Two 2BR/1BA units with partial rehab completed, plus attic potential, tenant-paid utilities, and ongoing renovation opportunity.
    Where is this duplex located?
    The property is located at 6 Fern Ave Wharton, NJ.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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