1050 State Rt 23, Wantage Twp. NJ 07461-3345

$749,999
Active
Wantage Twp.

About this home

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!

Taxes & fees

Annual property tax
$9,024
Tax year
2024
Tax rate
2.953

Property details

Year Built
2021
Roof (*text)
Asphalt Shingle
Floors No
Carpeting, Laminate, Tile
Lot Size Area
3.24
MLS #
4052387

Features & amenities

Year Built (*numeric)
2021
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
0
Basement (*text)
Yes
Cooling (*text)
3 Units, Ductless Split AC
Garage spaces
50
Heating
4+ Units, Forced Hot Air, Multi-Zone
Lot dimensions
3.24 AC
Property Location

41.26298, -74.6343

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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