5,000 sqft

$749,999

1050 State Rt 23, Wantage Twp NJ, 07461

Price per sqft$150.00

Built in2021

Property size5,000 sqft

Property typeCommercial

Overview

Active

Listed Sep 13, 2026

Updated 2 days ago

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!

Other Property Details

Taxes: $9,024
Tax Frequency: Annually
Garage: Yes
View: Yes
Waterfront: Yes

Courtesy of REALTY EXECUTIVES EXCEPTIONAL with JEANNETTE BURKE,
Listing Contact: 9737297141

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