Updated 3-Unit Multifamily
For Sale
$729,000
62 Union Street, Wharton, NJ 07885
Rental configuration includes a three-bedroom unit and two one-bedroom units with recent mechanical improvements.
Property Size9,999 SF
Price / SF$72.91
Days on Market222
Property Features for 62 Union Street
General Information
Standard status
Active
Size
9,999 SF
Property subtype
Multi Family / 3-Three Story
Net Operating Income
$46,000
Units
Unit Mix
1 x 3BR, 2 x 1BR
Multifamily Units
3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$15,661
Amenities
Yes
Asphalt Shingle
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Unfinished, Walkout
Open Porch(es), Sidewalk
Vinyl Siding
Building Details
Year Built
1900
Listing Agency:
COLDWELL BANKER REALTY
(732) 859-6544
Listed By:
ANTHONY PICCIRILLO · License #297678
(732) 859-6544
Source:
Compass
Added: Jan 20
Changed: Aug 30
Last Checked: Aug 30 at 6:00AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This multifamily property contains three rental units: one with three bedrooms and two with one bedroom each, including a larger one-bedroom layout. Each unit has received a new roof, furnace, and hot water heater, addressing several major building systems. Additional features include vinyl siding, asphalt shingle roofing, an open porch, sidewalk access, and an unfinished walkout area.
The property is located on Union Street in Wharton, New Jersey, near major roadways, shopping, dining, and everyday services. Its unit mix combines a larger family-oriented layout with two smaller apartments, while the completed mechanical upgrades provide a clear record of recent capital work. The building dates to 1900.
The property is located on Union Street in Wharton, New Jersey, near major roadways, shopping, dining, and everyday services. Its unit mix combines a larger family-oriented layout with two smaller apartments, while the completed mechanical upgrades provide a clear record of recent capital work. The building dates to 1900.
Key Highlights
- 3‑unit multifamily property with one 3 BR unit and two 1 BR units
- New roof, furnace, and hot water heater in each unit
- One 1 BR unit is larger than the other
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Demographics for 07885, NJ
11,521
Population
4,947
Households
2.3
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
784
Density / Sq Mi
$100,903
Median Household Income
$52,325
Median Earnings
$1,961
Median Rent
$345,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Rental configuration includes a three-bedroom unit and two one-bedroom units with recent mechanical improvements.
Where is this triplex located?
The property is located at 62 Union Street Wharton, NJ.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: 3‑unit multifamily property with one 3 BR unit and two 1 BR units; New roof, furnace, and hot water heater in each unit; One 1 BR unit is larger than the other
