$467,500
PENDING

21 Downs Ave Wharton, NJ 07885

Estimated payment $3,596/month

Total Views 5,696
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • 1 Car Detached Garage
  • Open Lot

About This Home

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***

Listing Agent

David Wainwright Jr

RE/MAX SELECT Brokerage Phone: 973-200-4800 Listed on: 06/24/2026

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,853

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Window Treatments
  • Deck
  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2339-02008-0000-00005-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,853

Year Built

Built in 1928

Lot Details

5,227 Sq Ft Lot

Parking

1

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1928
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: S Main Street to Cutler St to Downs Ave on Right
  • I D: 5440694
  • Attribution Contact: 973-200-4800
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Window Treatments
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop, Off-Street Parking, On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50X100
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12853
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2339-02008-0000-00005-0000-
  • Tax Rate Amount: 2.607
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $12,848 $511,800 $141,500 $370,300
2025 $12,848 $467,400 $116,500 $350,900
2024 $10,659 $434,200 $111,500 $322,700
2023 $10,659 $356,000 $106,500 $249,500
2022 $9,571 $336,700 $106,500 $230,200
2021 $9,571 $321,900 $106,500 $215,400
2020 $9,685 $311,500 $106,500 $205,000
2019 $9,286 $301,100 $106,500 $194,600
2018 $8,830 $292,200 $106,500 $185,700
2017 $8,209 $268,700 $104,000 $164,700
2016 $7,579 $266,200 $101,500 $164,700
2015 $7,718 $263,500 $101,500 $162,000
2014 $7,723 $260,800 $101,500 $159,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/06/2026 07/06/26 Pending -- -- --
06/24/2026 06/24/26 For Sale $467,500 -- --
Source: Garden State MLS

About the Listing Agent

David Wainwright Jr

RE/MAX SELECT

(862) 386-3529

Section Image

NRBA Member. David has 34 years of experience in real estate and has sold REO properties of all types and sizes. He is currently the head of the RE/MAX Select Properties REO team, which he created and implemented. The team is full-service and has closed many REO properties. We are effective, efficient, well-organized, and can navigate through all the complex issues and obstacles that these properties sometimes come with. They are always on top of their properties, making sure there are no

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    Vacant residential lot ready for immediate development in Irvington. Prior two-family structure was lost to fire and has been fully cleared, offering a clean slate for redevelopment. Property is being sold with building permit in hand, along with architectural plans and survey, allowing a new owner to move forward without the typical delays associated with approvals. Ideal opportunity for

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Source: Garden State MLS

MLS Number: 4036803

Garden State MLS

APN: 39-02008-0000-00005

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