Opportunity awaits with this spacious two-family home offering versatility, income potential, and plenty of space both inside and out. Whether you're looking to owner-occupy while generating rental income or add to your investment portfolio, this property presents an excellent opportunity. The first-floor unit features a bright and inviting living room with a large picture window, a spacious dining area with sliding glass doors leading to an expansive rear deck, and comfortable living space ideal for everyday living and entertaining. The second-floor unit offers a private living area with generously sized rooms, providing flexibility for extra living space or rental income. Additional features include a full basement offering abundant storage, workshop space, and utility access, a long driveway for ample off-street parking, detached garage, storage shed, and a sizable backyard with mature landscaping. The expansive rear deck overlooks the yard and provides the perfect setting for outdoor gatherings. Conveniently located near shopping, restaurants, schools, parks, and major commuter routes, this property offers an outstanding opportunity for homeowners and investors alike. With solid bones, functional layouts, and room to personalize, this two-family home is ready for its next chapter. ***Seller requested best & final offers due by 12pm July 3rd, 2026***
Under contract
$467,500
21 Downs Ave, Wharton Boro, NJ 07885
3beds
1,928sqft
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$242/sqft
$-- HOA
What's special
Detached garageSpacious dining areaLarge picture windowStorage shedExpansive rear deck
- 15 days |
- 1,107 |
- 59 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
David P Wainwright 973-200-4800,
Re/Max Select
Source: GSMLS,MLS#: 4036803
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 1 Unit, Baseboard - Hotwater, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Range/Oven - Electric, Refrigerator, Gas Water Heater
- Laundry: Laundry Room
Features
- Bedrooms, Kitchen, Living/Dining Room, Rec Room, Utility Room, Living Room
- Windows: Window Treatments
- Basement: Yes,Partially Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 1,928
- Total interior livable area: 1,928 sqft
Property
Parking
- Total spaces: 4
- Parking features: 1 Car Width, Asphalt, Off Street, On Street, Detached Garage
- Garage spaces: 1
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 5,227 Square Feet
- Dimensions: 50 x 100
- Features: Open Lot
Details
- Parcel number: 2339020080000000050000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1928
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Location
- Region: Wharton
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $511,800
- Annual tax amount: $12,853
- Date on market: 6/25/2026
- Total actual rent: 0
- Tenant pays: Electricity, Tenant Pays Electric
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,258/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Pending sale | $467,500$242/sqft |
Source: | ||
| 6/25/2026 | Listed for sale | $467,500$242/sqft |
Source: | ||
| 6/29/2019 | Listing removed | $1,250$1/sqft |
Source: RE/MAX Heritage Properties #3532232 Report a problem | ||
| 4/27/2019 | Price change | $1,250-3.8%$1/sqft |
Source: RE/MAX HERITAGE PROPERTIES #3532232 Report a problem | ||
| 2/15/2019 | Listed for rent | $1,300$1/sqft |
Source: RE/MAX HERITAGE PROPERTIES #3532232 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,097 +7.6% | $467,400 +7.6% |
| 2024 | $12,166 +16.9% | $434,200 +22% |
| 2023 | $10,409 +6.1% | $356,000 +5.7% |
| 2022 | $9,811 +2.5% | $336,700 +4.6% |
| 2021 | $9,571 +5.9% | $321,900 +3.3% |
| 2020 | $9,036 +5.3% | $311,500 +3.5% |
| 2019 | $8,580 +7.8% | $301,100 +3% |
| 2018 | $7,959 +2.5% | $292,200 +8.7% |
| 2017 | $7,765 +0.6% | $268,700 +0.9% |
| 2016 | $7,718 -0.1% | $266,200 +1% |
| 2015 | $7,723 +2% | $263,500 +1% |
| 2014 | $7,568 +3% | $260,800 -1% |
| 2013 | $7,345 +2.6% | $263,500 -9.5% |
| 2012 | $7,156 +3.4% | $291,000 |
| 2011 | $6,920 -5.7% | $291,000 |
| 2010 | $7,339 +1.7% | $291,000 -19.2% |
| 2009 | $7,217 | $360,200 |
| 2008 | -- | $360,200 +152.9% |
| 2007 | -- | $142,400 |
| 2006 | -- | $142,400 |
| 2005 | -- | $142,400 |
| 2004 | -- | $142,400 |
| 2003 | -- | $142,400 |
| 2002 | -- | $142,400 |
| 2001 | -- | $142,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 07885
Nearby schools
GreatSchools rating
- 6/10Marie V. Duffy Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10A C Mac Kinnon Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Morris Hills High SchoolGrades: 9-12Distance: 2.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Jersey
- Morris County
- Wharton
- 07885
- 21 Downs Ave






