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

Property City
Wantage Twp.
Property Price
$749,999
Year Built
2021
Tax Annual Amount
$9024
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Floors No
Carpeting, Laminate, Tile
Lot Size Area
3.24
MLS Status
Active
MLS #
4052387

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!

Yearly Tax Rate
2.953
Year Built (*numeric)
2021
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
3 Units, Ductless Split AC
GarageSpaces
50
Heating
4+ Units, Forced Hot Air, Multi-Zone
Lot Size Dimensions
3.24 AC
Property Location

41.26298, -74.6343

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Units: Miles
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762