54 Union St

Wharton Boro, NJ 07885


 

Price: $699,000

GSMLS:  4049274
Type: Multi-Family
Style: 3-Three Story, Under/Over
Total Units: 2
Beds: 5
Baths: 2 Full
Garage: 3-Car
Year Built: Unknown
Acres: 0.12
Property Tax: $11,470
Description
Open House Tomorrow 10AM–12PM.
Two-Family with a detached 3-Car Garage Unlock an exceptional stream of passive revenue or execute a brilliant, solid, high-yield two-family investment property. Nestled in one of the area's most desirable and highly sought-after neighborhoods, this home is overall in good condition with just a few minor cosmetic blemishes presenting a fantastic opportunity to build quick equity while commanding premium market rents. Located directly across the street from a nice community park. Tenants enjoy immediate access to open green space and outdoor recreation without you needing to maintain a massive yard.Rent the 3 car garages separately to locals for a third distinct stream of income, or use them as a premium incentive to secure top-tier, long-term tenants. Cut down on travel times completely. Enjoy quick, effortless access to all major regional routes and highways, making this an incredibly attractive location for working professionals. Situated in a peaceful neighborhood pocket known for its excellent, welcoming, and quiet neighbors ensuring high tenant retention and long-term neighborhood stability.Whether you are looking to scale an existing real estate portfolio or buy your first home while letting a tenant pay down your mortgage, this property is a proven earner. Multi-family assets combining this level of structural utility, neighborhood charm, and detached garage space are exceptionally rare.
General Info
Style:
3-Three Story, Under/Over
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Full, Partial
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X100
Lot Desc:
Irregular Lot
Parking
Garage Capacity:
3-Car
Description:
Detached Garage
Parking:
1 Car Width, Additional Parking, Blacktop
Spaces Available:
3
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
Cable TV Available, Garbage Included
School Information
Elementary:
Marie V. Duffy Elementary School (K-5)
Middle:
Alfred C. MacKinnon Middle School (6-8)
High School:
Morris Hills High School (9-12)
Community Information
County:
Morris
Town:
Wharton Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$699,000
Tax Amount:
$11,470
Land Assessment:
$126,700
Build. Assessment:
$332,900
Total Assessment:
$459,600
Tax Rate:
2.61
Tax Year:
2025
Listing Information
MLS ID:
4049274
List Date:
08-27-2026
Days On Market:
1
Listing Broker:
KELLER WILLIAMS METROPOLITAN
Listing Agent:
Celeste Araujo
 

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3108 Route 10 West
Denville, NJ 07834
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Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox