62 Union St
Wharton Boro, NJ 07885
Price: $729,000
GSMLS: 4007249Type: Multi-Family
Style: 3-Three Story, Under/Over
Total Units: 3
Beds: 5
Baths: 3 Full & 1 Half
Garage: No
Year Built: 1900
Acres: 0.12
Property Tax: $15,661
Description
Well-maintained 3-unit multi-family property offering strong income potential. Key capital improvements already completed. This property features a spacious 3 BR Unit and two 1 BR Units (one larger than the other), providing a versatile rental mix attractive to a broad tenant base. Recent upgrades include a new roof, furnace and hot water heater in each unit, helping to reduce near-term capital expense concerns. The layout allows for solid rental performance with manageable operating oversight for investors. Conveniently located near major roadways, shopping, dining, and everyday services, the property offers practical access to area amenities and commuter routes. Great return now, with potential for upside. An excellent opportunity for investors seeking a stable, income-producing asset with major mechanical updates already addressed. Great opportunity to acquire a rare 3 unit multi in Morris.
General Info
Style:
3-Three Story, Under/Over
SqFt Building:
3,043
Total Rooms:
16
Basement:
Yes - Unfinished, Walkout
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X100
Lot Desc:
Corner
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width, Driveway-Shared, Off-Street Parking
Spaces Available:
6
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
6
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
2
Total Rooms:
9
Room Description:
Attic, Bedrooms, Dining Room, Kitchen, Living Room, Porch
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
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:
3 Units, Radiant - Hot Water
Heating Fuel:
Electric, Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Morris
Town:
Wharton Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$729,000
Tax Amount:
$15,661
Land Assessment:
$101,500
Build. Assessment:
$470,700
Total Assessment:
$572,200
Tax Rate:
2.80
Tax Year:
2024
Listing Information
MLS ID:
4007249
List Date:
01-29-2026
Days On Market:
1
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Anthony Piccirillo
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHillsRockaway.com
