
Mixed-Use Land for Sale in Wantage Township, New Jersey
1050 State Route 23, Wantage Township, NJ 07461
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
- Street address
- 1050 State Route 23
- County
- Sussex County
- Zip code
- 07461
- Elevation
- 581 feet
Property details
- Acreage
- 3.24 acres
- Zoning
- Commercial
- MLS #
- GSMLS 4052387
- Posted
Property taxes
- 2024
- $9,024
Details and features
Listing
- Franchise
- Realty Executives International
Lot
- Features
- Lake/Water View, Stream On Lot
Structure
- Water
- Well
- Heating
- Forced Air
- Cooling
- Ductless
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 14, 2026 | Price drop | $729,999 | $20,000 -2.7% | GSMLS |
| Sept 13, 2026 | New listing | $749,999 | — | GSMLS |

















































