For Multi Family

30 Crater Ave,Wharton Boro, NJ 07885-2002

May 14, 2026

Charming 2-Family Home in Quiet Neighborhood ” Ideal Investment or flexible living needs.Located in a peaceful, well-maintained neighborhood, this versatile 2-family home offers an excellent opportunity for both investors and owner-occupants. Perfect for generating rental income or accommodating your needs , this property combines flexibility with comfort.Unit 1 features a spacious 3-bedroom, 2-bath layout with living and dining rooms and abundant natural light plus direct access to a screened-in back deck perfect for enjoying the outdoors in comfort. Unit 2 offers a well-designed 2-bedroom, 1-bath unit with both living and dining rooms and its own private deck, providing a great space to relax or entertain.The property includes off-street parking for multiple vehicles and a private yard with storage sheds ideal for outdoor activities, gardening, or gatherings. The mostly finished basement expands your living space with a dedicated home office and recreation room, offering flexibility for work, hobbies, or entertainment.A newly installed heating system adds efficiency and long-term value. Each unit has been freshly painted and has newer carpet Conveniently located near local amenities, schools, and transportation, this home blends suburban tranquility with everyday accessibility.Don’t miss this fantastic opportunity to own a property that supports both lifestyle and income potential. **PLEASE REMOVE SHOES OR WEAR SHOE COVERS PROVIDED***.

Property ID:PT-40770659-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 699,900 $

Bedrooms:5

Year Built:1925

Listing Details

Status: Active

Location

County: Morris

Lotsize: 50X100

Lot Identifier: 3

Lot Description: Level Lot

Lot Identifier: 3

Home Details

Open Parking: 5

Basement: Yes

Basmnt/Desc: Yes - Finished-Partially, Full

Acreage: 0.12

Total Baths: 3.00

Unit Style: 2-Two Story, Under/Over

Number of Units: 2

Rooms: 19

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: AT CLOSING

Unit 1 Appliances/Equipment: Ceiling Fan(s), Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Self-Cleaning Oven, Washer

Unit 1 Levels: 1

Unit 1 Rooms: 9

Unit 1 Beds: 3

Unit 1 Baths: 2.0

Unit 1 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric

Unit 1 Handicap: No

Unit 1 Lease Expire: 2026-06-30

Unit 1 Rent: 2100

Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Rec Room

Unit 1 Security Deposit: 3150

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Washer

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Porch

Color of Building: GRAY

Block Identifier: 1903

County Number: 23

Town Number: 2339

YB/Desc: 1925 - Approximate

Color of Building: GRAY

Easement: No

Parking/Driveway Description: 2 Car Width, Blacktop

Block Identifier: 1903

County Number: 23

Town Number: 2339

Possession: AT CLOSING

Taxes, Fees & Assessments

Gross Operating Income: 49200

Net Operating Income: 30527

Expense Include: Gas, Insurance, Maintenance, Taxes

Warranty: No

Tax ID For Property: 2339-01903-0000-00003-0000-

Tax Amount: $13,183.00

Tax Year: 2025

Tax Rate: 2.607%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $141,500.00

Building Assessment: $383,000.00

Total Assessment: $524,500.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Electric, Gas-Natural

Heat System: 1 Unit, Radiators - Steam

Cool System: Ceiling Fan

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Services: Cable TV, Garbage Included

Schools

Grade School: MarieDuffy

Middle School: Mackinnon

High School: MorrisHill

Other

Zoning: Residential

Carbon Monoxide Detector
Carpeting
Deck
FencVnyl
FencWood
Fire Extinguisher
OpenPrch
Smoke Detector
Storage
StrmDoor
StrmWind
ThrmlW&D
Tile Floors

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Listing Details

30 Crater Ave,Wharton Boro, NJ 07885-2002

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