170 Main StWharton, NJ 07885
- Industrial properties
- 2.95 AC
Property Details for 170 Main St
- Lot size
- 2.95 AC
- Zone code
- I-1
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- 39 00301-0000-00001
- APU
- 3900301000000001
Description
This exceptional 2.95-acre site in Wharton, NJ, presents a prime development opportunity. Located at 170 N Main St, this property boasts fully approved zoning (Planned Industrial (I-1) Main Street District Overlay (170 N.)) for a 75-unit mixed-use building, encompassing approximately 103,000 square feet. The approved plans include roughly 9,200 square feet of retail space, catering to a diverse range of needs. Its strategic location just off Christopher Columbus Highway offers stunning waterfront views of Washington Pond, enhancing its appeal. The property benefits from its proximity to major national retailers such as Costco, Target, Home Depot, and Best Buy at the nearby Rockaway Townsquare, ensuring high visibility and convenient access. Furthermore, its location near the recently completed 250-unit Avalon Wharton luxury residential development underscores the area's desirability and growth potential. This fully entitled project represents a unique chance to capitalize on the increasing demand for new residential construction in a thriving market. The property's zoning and location make it an ideal investment for developers seeking a high-impact project in a desirable New Jersey location. The address is 170 N Main St, Wharton, NJ 07885.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $26,900,528
- Hospitality
- $24,640,740
- Educational
- $20,500,806
- Medical
- $21,205,860
- Retail
- $31,890,142
Location Insight
- City
- Wharton
- County
- Morris
- State
- New Jersey
- Latitude
- 40.9049
- Longitude
- -74.5774
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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