Single Family Deal – Wharton *

  • $319,999
  • $500,000/ARV
Meadow Street, Wharton, New Jersey, 07885
For Sale New
Single Family Deal – Wharton *
Meadow Street, Wharton, New Jersey, 07885
  • $319,999
  • $500,000/ARV

Overview

Property ID: 66827
  • Single Family House
  • Property Type
  • 2
  • Bedrooms
  • 1.5
  • Bathrooms
  • 1181
  • sqft
  • 66827
  • Property ID

Description

The buyer will pay a $10K commission.+

Attention landlords and long-term investors — here’s a rare chance to secure a cash-flowing asset in highly desirable Wharton. Inventory and turnover in this market remain limited, making rental opportunities here especially attractive. Wharton’s strong blue-collar roots, convenient commuter access, and proximity to major highways, shopping, and employment hubs continue to drive steady tenant demand and long-term rental stability.

This 2-bedroom, 1.5-bath home is currently tenant-occupied on a month-to-month lease at $1,400 per month, providing immediate income with built-in flexibility. The month-to-month structure allows a new owner to implement a strategic rent adjustment to align with current market rates or reposition the asset to optimize returns. Whether through incremental rental increases, cosmetic value-add improvements, or a long-term hold strategy, this property offers multiple paths to enhanced NOI and cap rate expansion.

  • Address Meadow Street, Wharton, New Jersey, 07885
  • County Morris
  • State/county New Jersey
  • Zip/Postal Code 07885
  • City Wharton

Contact Information

Enquire About This Property

Details

Updated on February 26, 2026 at 3:35 pm
  • Property ID: 66827
  • Price: $319,999
  • Property Size: 1181 sqft
  • Bedrooms: 2
  • Bathrooms: 1.5
  • Property Type: Single Family House
  • Property Status: For Sale

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