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    Wharton, NJ
    Residential Income

    Wharton, NJ Residential Income Properties for Sale

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    Dover, NJ Mine Hill, NJ Rockaway, NJ Denville, NJ Mount Arlington, NJ Jefferson Twp, NJ Roxbury Township, NJ Hopatcong, NJ
    Two-Unit Residential Income Property
    Updated: May 8
    Two-Unit Residential Income Property

    30 Crater Ave, Wharton, NJ 07885

    $699,900
    0.12 AC lot
    Two‑family home built in 1925 with two separate units plus multiple bedrooms and bathrooms
    Unit 1: 3 bedrooms, 2 baths, with living and dining rooms and direct access to a screened‑in back deck
    Unit 2: 2 bedrooms, 1 bath with living and dining rooms and its own private deck
    Mostly finished basement with a home office and recreation room for added living space
    Off‑street parking for multiple vehicles and a private yard with storage sheds
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    2-Unit Multifamily Rehab Project
    Updated: May 25
    2-Unit Multifamily Rehab Project

    8 Fern Avenue, Wharton, NJ 07885

    $450,000
    9,999 sqft
    2‑unit multifamily on one lot: two 2BR/1BA units (one vacant, one tenant‑occupied).
    Tenant‑occupied unit is currently paying $1,400; tenant pays all utilities except sewer.
    Vacant unit includes a good‑sized attic that could be converted to additional finished space.
    Structural improvements since the current owner purchased: new roof and flashing, new front deck, asbestos remediation, electrical work, and steel support beams in the basement.
    Basement is unfinished; roof is asphalt shingle; built in 1900.
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    High-Income Multifamily Investment Property
    High-Income Multifamily Investment Property

    281 S Main St, Wharton, NJ 07885

    $1,900,000
    0.09 AC lot

    Six-unit multifamily property in downtown Wharton with income potential.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    70 Robert St, Wharton, NJ 07885

    $850,000

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

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Wharton, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Quadplex with Lake Views
    Quadplex with Lake Views

    460 RIVER STYX ROAD, Hopatcong, NJ 07843

    $849,000
    0.38 AC lot

    Four separate residences with lake views, separate utilities, and public water and sewer in a residentially zoned setting.

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    Dover Multifamily Property for Sale
    Dover Multifamily Property for Sale

    16 Lehigh St, Dover, NJ 07801

    $749,000

    Multifamily property in Dover, NJ, available for purchase.

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    Side-by-Side Two-Family Duplex
    Side-by-Side Two-Family Duplex

    372 E Blackwell St, Dover, NJ 07801

    $599,900

    Well-maintained duplex with two side-by-side units, each with private entrance, gas heat, and separate utilities.

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    Three-Family Lakeside Home
    Three-Family Lakeside Home

    119 Lakeside Blvd, Hopatcong, NJ 07843

    $655,000

    Three-family property with lake views, fully vacant and ready for occupancy or investor use.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Three Unimproved Land Parcels
    Three Unimproved Land Parcels

    1561 Sussex Tpke, Randolph, NJ 07869

    $600,000

    Three land parcels with road frontage, suitable for development.

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    Residential Land in Denville Township
    Residential Land in Denville Township

    44 Shongum Rd, Denville, NJ 07834

    $229,000
    6.70 AC lot

    6.7 acre residential land for sale in Denville Township.

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    Prime Development Opportunity in Morristown
    Prime Development Opportunity in Morristown

    Morris Plains, NJ 07950

    $899,900
    5.25 AC lot

    5.25-acre parcel near Route 10, ideal for development.

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    Residential Land Parcel for Build
    Residential Land Parcel for Build

    35 Mountain Trl, Hopatcong, NJ 07843

    $30,000
    0.35 AC lot

    A 0.35-acre residentially zoned parcel near Lake Hopatcong, suited for a single-family or vacation build (verify requirements).

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    Wharton, NJ Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Wharton, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,999 square feet of properties for sale, with an estimated market value of $3,899,900.

    Sale prices for residential income properties in Wharton, NJ start at $450,000, averaging $974,975, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 5
    Duplexes 4
    Apartment buildings 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +18.0%
    Median Household Income $100,903
    College Educated 47.3%

    High-Yield Neighborhoods for Investment

    Identify Wharton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07885 $813.3K

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $34.20 per SF
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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