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

> **TL;DR:** other, $749,999, built 2021.
> A/C. Est. $4,011/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $749,999 |
| Year Built | 2021 |
| Lot Size | 141,134 sqft (3.24 acres) |
| Property Type | Other (Other) |
| Status | Active |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,792 |
| Estimated Insurance | $219 |
| **Total** | **$4,011** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2021
- 3.24 acre lot

## Description

### Agent 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!

## Location

- **Address:** 1050 State Rt 23, Wantage Twp, NJ 07461-3345
- **County:** Sussex
- **Coordinates:** 41.26298, -74.6343
- **Google Maps:** https://www.google.com/maps?q=41.26298,-74.6343

## Listing Agent

- **Name:** JEANNETTE BURKE
- **Brokerage:** Realty Executives Exceptional Realtors
- **Broker Phone:** (973) 575-6700

## Photos

![1050 State Rt 23 - Photo 1](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f163640270r.jpg)

![1050 State Rt 23 - Photo 2](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1122830191r.jpg)

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![1050 State Rt 23 - Photo 32](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f3972910772r.jpg)

![1050 State Rt 23 - Photo 33](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f991020251r.jpg)

![1050 State Rt 23 - Photo 34](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f3514774722r.jpg)

![1050 State Rt 23 - Photo 35](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1643423366r.jpg)

![1050 State Rt 23 - Photo 36](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1634248168r.jpg)

![1050 State Rt 23 - Photo 37](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f2993158808r.jpg)

![1050 State Rt 23 - Photo 38](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f2552282164r.jpg)

![1050 State Rt 23 - Photo 39](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f3868588511r.jpg)

![1050 State Rt 23 - Photo 40](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1384025729r.jpg)

![1050 State Rt 23 - Photo 41](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1896802897r.jpg)

![1050 State Rt 23 - Photo 42](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f4155589982r.jpg)

![1050 State Rt 23 - Photo 43](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f3591208618r.jpg)

![1050 State Rt 23 - Photo 44](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f2523578268r.jpg)

![1050 State Rt 23 - Photo 45](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1059619629r.jpg)

![1050 State Rt 23 - Photo 46](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1421562382r.jpg)

![1050 State Rt 23 - Photo 47](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f2524709628r.jpg)

---

**MLS#:** 4052387 | **Updated:** 2026-09-14
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1050-state-rt-23-wantage-twp-nj-07461-3345-4052387)

---

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```