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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Tia Croom

Tia Croom

+1(973) 868-0803
$729,999
Est. payment /mo
3,000 SqFt
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UPDATED:

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 $243

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 9% CAP RATE! This versatile building features three rental units, including two updated apartments, dedicated office space, and a spacious event/banquet hall. The property's flexible configuration offers potential for restaurant or catering use, while the adjacent space presents an excellent opportunity for a liquor store conveniently located beside the banquet hall. A Class 33 liquor license is available for purchase separately for an additional $200,000. Ideal for investors, owner-operators, or business owners seeking multiple revenue streams, this well-maintained property offers strong rental appeal and exciting opportunities for growth and expansion. Septic will be replaced prior to closing. Don't miss this unique investment opportunity!

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

Garage No

Building

Lot Description Lake/Water View, Stream On Lot

Story 2

Sewer Septic

Water Well

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
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Tia Croom

Tia Croom

+1(973) 868-0803

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