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1050 State Rt 23
Wantage Twp., NJ 07461-3345
FOR SALE · Active
$749,999
50
Garage
3.24
Acres
MLS# 4052387
Cumulative Days on Market: 30 · Includes prior listings · Currently listed since 09/13/26 · Data provided by the MLS.

Property 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!

Property Highlights

Status
For Sale
Price
$ 749,999
Property Type
Commercial
Acres
3.24

Location

County
Sussex

Heating, Cooling & Utilities

Heat
4+ Units
Cooling
3 Units
Water
Well
Sewer
Septic

Building Details

Garage Spaces
50
Outdoor Features
Brick/Block
Roofing
Asphalt Shingle

Taxes & Terms

Taxes
$9,024
Financing
Fee Simple
Listing Data last updated 10/14/2026 02:20 am
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 14-Oct-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Today
Property information last updated
30 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 30 days (includes prior listings) · Currently listed since September 13, 2026. Data provided by the MLS.

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