1050 State Rt 23, Wantage Twp., NJ

$749,999

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3,000

Square feet

3.24

Acres

About 1050 State Rt 23

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!

Features of 1050 State Rt 23

MLS® # 4052387
Price $749,999
Square Footage 3,000
Acres 3.24
Year Built 2021
Type Commercial
Status Active

Community Information

Address 1050 State Rt 23
City Wantage Twp.
County Sussex
State NJ
Zip Code 07461-3345

Amenities

Utilities Electric
Parking Spaces 50
Parking Blacktop, Off-Street Parking, Parking Lot-Exclusive

Interior

Heating Oil Tank Above Ground - Outside
# of Stories 2
Has Basement Yes
Basement Full, Storage, Unfinished

Exterior

Exterior Brick
Lot Description Lake/Water View, Stream On Lot
Roof Asphalt Shingle

Additional Information

Date Listed September 13th, 2026
Zoning Commercial

Listing Details

OfficeREALTY EXECUTIVES EXCEPTIONAL
Contact Info973-670-1960

Listing Map

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