# 1050 State Rt 23, Wantage Twp, NJ 07461-3345

> **TL;DR:** other, $729,999, built 2021.
> A/C. Est. $3,904/mo. Listed 48 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $729,999 |
| Year Built | 2021 |
| Lot Size | 141,134 sqft (3.24 acres) |
| Property Type | Other (Other) |
| Status | Active |
| Days on Market | 48 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,691 |
| Estimated Insurance | $213 |
| **Total** | **$3,904** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2021
- 3.24 acre lot

## Description

### Agent Description
ATTENTION INVESTORS! Presenting a fabulous, renovated mixed-use property offering exceptional income potential and a 9% CAP RATE! This versatile building features three rental units, including two updated apartments, dedicated office space, and a spacious event/banquet hall. The property's flexible configuration offers potential for restaurant or catering use, while the adjacent space presents an excellent opportunity for a liquor store conveniently located beside the banquet hall. A Class 33 liquor license is available for purchase separately for an additional $200,000. Ideal for investors, owner-operators, or business owners seeking multiple revenue streams, this well-maintained property offers strong rental appeal and exciting opportunities for growth and expansion. Septic will be replaced prior to closing. Don't miss this unique investment opportunity!

## Location

- **Address:** 1050 State Rt 23, Wantage Twp, NJ 07461-3345
- **County:** Sussex
- **Coordinates:** 41.26298, -74.6343
- **Google Maps:** https://www.google.com/maps?q=41.26298,-74.6343

## Listing Agent

- **Name:** JEANNETTE BURKE
- **Brokerage:** Realty Executives Exceptional Realtors
- **Broker Phone:** (973) 575-6700

## Photos

![1050 State Rt 23 - Photo 1](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f163640270r.jpg)

![1050 State Rt 23 - Photo 2](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1122830191r.jpg)

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![1050 State Rt 23 - Photo 33](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f991020251r.jpg)

![1050 State Rt 23 - Photo 34](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f3514774722r.jpg)

![1050 State Rt 23 - Photo 35](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1643423366r.jpg)

![1050 State Rt 23 - Photo 36](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1634248168r.jpg)

![1050 State Rt 23 - Photo 37](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f2993158808r.jpg)

![1050 State Rt 23 - Photo 38](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f2552282164r.jpg)

![1050 State Rt 23 - Photo 39](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f3868588511r.jpg)

![1050 State Rt 23 - Photo 40](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f1384025729r.jpg)

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![1050 State Rt 23 - Photo 47](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f2524709628r.jpg)

![1050 State Rt 23 - Photo 48](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f3217350738r.jpg)

![1050 State Rt 23 - Photo 49](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f3787140294r.jpg)

![1050 State Rt 23 - Photo 50](http://lh.rdcpix.com/a2db9b92851870d57cd6e87c18962904l-f2913785715r.jpg)

---

**MLS#:** 4052387 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1050-state-rt-23-wantage-twp-nj-07461-3345-c8df3a97f3d241daacb142212f609d6b)

---

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