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Property profile & analytics

212 State Rte 15th S Wharton, NJ 07885-1206

  • Commercial real estate
  • 978 SF
  • 5.65 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-2270911
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 212 State Rte 15th S

Construction
FRAME
Lot size
5.65 lot acres
Property size
978 SF
Zone code
OR-3
Property type
Commercial real estate
APN
35 11501-0000-00039
APU
3511501000000039

Description

This exceptional 2.48-acre commercial property, located at 212 State Route 15, Unit 1, in Wharton, New Jersey, presents a unique investment opportunity. Offered at $975,000, the property is being sold "as is," providing a potential buyer with the flexibility to envision and execute their own development plans. The expansive acreage offers significant potential for a variety of commercial uses, subject to local zoning regulations. The property's strategic location on State Route 15 ensures high visibility and convenient access for customers and employees. Given the "as is" condition, a thorough due diligence process is recommended to assess the property's current state and potential renovation or redevelopment needs. This presents a chance to acquire a substantial land parcel in a desirable New Jersey location at a competitive price. Serious inquiries are encouraged to explore the possibilities this property offers. The property's size and location make it an attractive prospect for businesses seeking a prominent presence in the Wharton market. Further investigation into zoning and permitted uses is advised before any purchase commitment. This is a prime opportunity for an investor or developer looking to capitalize on the potential of this significant land holding. The sale price reflects the "as is" condition and provides a compelling entry point into the Wharton commercial real estate market. All interested parties are encouraged to conduct their own independent due diligence.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Wharton
County
Morris
State
New Jersey
Longitude
-74.5885
Latitude
40.9202
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$19,566
$572,100
$159,900
$732,000
-
$572,100
$159,900
$732,000
More about this property
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