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Two-Unit Residential Income Property
For Sale
$850,000

70 Robert St, Wharton, NJ 07885

Well-maintained two-unit home with large bedrooms per unit, upgraded roof and furnace, and public utilities for day-to-day convenience.

Property SizeContact for details
Days on Market53

Property Features for 70 Robert St

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $17,451

Building Details

Year Built 1988
Units 2
Tenancy Multi
Listing Agency:
Listed By: BARBRA ALLYSON SPARGO
Source: Elliman
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 8 at 12:40PM

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 BARBRA ALLYSON SPARGO

Investment Insights

Based on property information with market context.

This two-unit residential income property offers a spacious, well-maintained duplex layout with large bedrooms in each unit. The home has benefited from recent upgrades, including a brand new roof and a brand new furnace, supporting reliable ongoing operation. The property is connected to public utilities, providing a straightforward setup for both day-to-day living and tenant occupancy.

Located in Wharton Borough, NJ, the home sits in a “vibrant and revitalized” area, with reported somewhat walkable and somewhat bikeable ratings. The public remarks also note convenient proximity to major highways, supporting commuting to nearby towns and cities.

For investors or owner-occupants, the duplex configuration provides flexibility to live in one unit while generating rental income from the second. With its updated core systems and public utility connections, the property is positioned for tenants who value comfortable, functional living space with updated improvements.

Key Highlights

  • Two‑unit multi‑family home built in 1988 with large bedrooms in each unit
  • Recent upgrades include a brand new roof
  • Recent upgrades include a brand new furnace

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-unit home with large bedrooms per unit, upgraded roof and furnace, and public utilities for day-to-day convenience.
Where is this duplex located?
The property is located at 70 Robert St Wharton, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑unit multi‑family home built in 1988 with large bedrooms in each unit; Recent upgrades include a brand new roof; Recent upgrades include a brand new furnace
More about this property
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