About This Home

This 0-bedroom, 0-bathroom other at 1050 State Rt 23 in Wantage Twp, NJ is listed for $749,999. Built in 2021, on a 3.24 acres lot.

Key Features

  • Built in 2021
  • 3.24 acre lot

Property Details

2021

Amenities

A/C
Listing Description

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!

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

1050 State Rt 23

Wantage Twp, NJ 07461-3345

Property Details

Heating

Forced Air

Cooling

Ductless

Questions & Answers

This 0-bedroom, 0-bathroom other at 1050 State Rt 23 is listed at $749,999. The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2021, 3.24 acre lot.

This property is listed by JEANNETTE BURKE.

JB

JEANNETTE BURKE

Agent at Realty Executives Exceptional Realtors

Listed by Realty Executives Exceptional Realtors · Broker phone: (973) 575-6700

MLS# 4052387· Source: Garden State MLS, LLC· 21 days on PropertySimple

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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