# 281 S Main St, Wharton Boro, NJ 07885-2045

> **TL;DR:** commercial, $1,900,000.
> Basement. Est. $8,233/mo. Listed 294 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,900,000 |
| Lot Size | 3,920 sqft (0.09 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 294 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,233 |
| **Total** | **$8,233** |

## Key Amenities

- Basement

## Property Highlights

- 0.09 acre lot
- 3 stories

## Description

### Agent Description
High Income 6-Unit Investment Property with Garages in Downtown Wharton! This RARE 6-Unit, Multifamily building is a high-performing asset with serious upside. Fully rented and generating six figures in annual income, this property offers a strong return from day one. In one of morris county's most competitive rental markets, where vacancies are rare and rental rates remain top-tier. The building features a mix of 1 to 3 bedrooms units. Included are 6 private garages. A major perk, adding both convenience and extra income potential. For the Value-add Investor, the possibilities are endless: A massive stand-up attic is ready to be converted into additional living space. Full basement can be transformed into a laundry facility, tenant storage, or a shared community area. Large open lot with possibility for expansion. Positioned within walking distance of local restaurants, shops, and daily conveniences, and just minutes from top-rated Wharton schools!! This property is also close to major highways. Offering seamless access for commuters. 5 Newer water heaters installed in 2023! Newer Boiler installed in 2020. Whether you're expanding your portfolio or seeking a stable, income-producing asset in a growing downtown, this is a CANT-MISS OPPORTUNITY in Downtown Wharton. Please ask for 3 minute highlight video TO better see this GEM!!

## Location

- **Address:** 281 S Main St, Wharton Boro, NJ 07885-2045
- **County:** Morris
- **Coordinates:** 40.88946, -74.58015
- **Google Maps:** https://www.google.com/maps?q=40.88946,-74.58015

## Listing Agent

- **Name:** EFRAIN GONZALEZ
- **Brokerage:** UNITED REAL ESTATE
- **Phone:** 8885016953
- **Email:** efrain.gonzalezrealestate@gmail.com

## Primary Photo

![281 S Main St - Primary Photo](http://lh.rdcpix.com/1236fc2bbeaa62605d3833ed7d6f5773l-f2995249937r.jpg)

*32 total photos available on [listing page](https://www.propertysimple.com/listing/281-s-main-st-wharton-boro-nj-07885-2045-3980709)*

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**MLS#:** 3980709 | **Updated:** 2026-06-18
**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.com/listing/281-s-main-st-wharton-boro-nj-07885-2045-3980709)

---

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