NJ
Morris
Wharton Boro
07885
6 8 Fern Ave
6 8 Fern Ave, Wharton Boro, NJ 07885
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Listing Type
Multi Family
Listing Status
Active
33
$450,000

Home Details for 6 8 Fern Ave

Price
$450,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Square feet
19998
Year built
1900
Lot size acres
0.1
County
Morris
Total rooms
12
Basement
Unfinished
Days on site
2
MLS Listing#
4035710
Property Description

REHAB PROJECT---2 Unit Multi Family in need of renovation in Wharton---One side is a complete gut rehab, the other side has a tenant occupying one unit but the unit could use improvements to get to market rents---The rented side is currently paying $1400---Both units are 2 BR and 1 BA units---In the vacant unit there is a good sized attic that could be converted to additional finished space---Since the current owner purchased the property they have made some large scale structural improvements such as complete new roof and flashing---new front deck--asbestos remediation---electrical work, steel support beams in the basement and more---Building is very solid and ready for the next steps of rehab---Tenants pay for all utilities except sewer---Could also be demolished and replaced with a larger multi family unit building.

Property Features
  • Heating Information
    • Baseboard
    • Electric
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: FAIRCLOUGH REALTORS - 973-726-7800
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EXIT CORNERSTONE REALTY
438 US Route 46, Kenvil, NJ 07847
Office
973 927 0250
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