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
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3,000 SqFt
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1050 State Rt 23 Wantage Twp., NJ 07461

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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

NEARBY SCHOOL & BUSINESS

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Jason Hirkaler

Jason Hirkaler

Licensed Realtor License ID: L1536579

+1(561) 929-7064

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1050 State Rt 23