1050 State Rt 23, Wantage Twp., NJ 07461
1050 State Rt 23, Wantage Twp., NJ 07461
1050 State Rt 23, Wantage Twp., NJ 07461
1050 State Rt 23, Wantage Twp., NJ 07461
1050 State Rt 23, Wantage Twp., NJ 07461
1050 State Rt 23, Wantage Twp., NJ 07461
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$ 749,999
Est. payment | /mo

3,000 SqFt


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$ 749,999
Est. payment | /mo
Save

3,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $249

MLS Listing ID 4052387

Year Built 2021

Annual Tax Amount $9,024

Tax Year 2024

Lot Size 3.240 Acres

Property Sub-Type Mixed Use

Property Description

ATTENTION INVESTORS! Presenting a fabulous, renovated mixed-use property offering exceptional income potential and a 10% CAP RATE. This versatile building features three rental units, including two updated apartments, dedicated office space, and a spacious event/banquet hall area. Flexible configuration allows for potential restaurant or catering use, making this an ideal opportunity for investors, owner-operators, or business owners seeking additional revenue streams. The property has been thoughtfully improved and well maintained, ensuring strong rental appeal and long-term stability. Don't miss your chance to own this high-yield, multi-functional property with countless opportunities for growth and expansion. Septic will be replaced prior to closing. A liquor license can be purchased separately for an additional $150,000. This is a must-see for serious investors!

Location

State NJ

County Sussex

Zoning Commercial

Rooms

Basement Full, Storage, Unfinished

Interior

Heating Oil Tank Above Ground - Outside

Cooling 3 Units, Ductless Split AC

Flooring Carpeting, Laminate, Tile

Equipment Appliances, Kitchen Area, Restrooms - Private, Smoke Detector

Heat Source Oil Tank Above Ground - Outside

Exterior

Exterior Feature Brick/Block

Garage Spaces 50.0

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Lake/Water View, Stream On Lot

Story 2

Sewer Septic

Water Well

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by REALTY EXECUTIVES EXCEPTIONAL

Schools and Properties Nearby

Adan Sanchez

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1050 State Rt 23