42 Pond School Rd
Wantage Twp, NJ 07461
Price: $990,000
GSMLS: 3969738Type: Multi-Family
Style: Under/Over
Total Units: 2
Beds: 5
Baths: 3 Full & 1 Half
Garage: No
Year Built: 1890
Acres: 13.06
Property Tax: $10,548
Description
Unique Opportunity To Own A 2-family Property With Functional Farm On 13.06 Acres In Beautiful Wantage, New Jersey. Equally Well-suited For Owner-occupants Or Investors, This 4,790 Sqft (approx.) Duplex-style Home Features Two Spacious Units With Separate Entrances, Individual 200-amp Electric Meters, Shared Oil-fired Buderus 5-zone Heating System (2017) And Three Supplemental Stoves (2 Pellet, 1 Wood-burning). Both Units Share Access To Expansive Decks, A Yard With An Above-ground Pool, And Multiple Outbuildings For Animals Or Storage. An Oversized 2-bay Barn With New Electric (200 Amp) Makes This A Perfect Setup For Agri-business, Horse Boarding, Or Workshops. Bonus: The Solar + Battery System (10.25kw + 27kwh) Is Under A Transferable Contract, Providing Up To 85% Utility Offset And Future Federal Tax Credit Potential (consult A Cpa). Located In A Tranquil Setting Across From Privately Owned Land, Yet Minutes To Town Conveniences. Subdivision Potential, Income From Increasing Farm Operations And Renting Mother/daughter Units Further Enhance The Upside. A Unique Blend Of Lifestyle And Investment!
General Info
Style:
Under/Over
SqFt Building:
4,790
Total Rooms:
10
Basement:
Yes - Unfinished
Interior:
High Ceilings, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
Flag Lot, Possible Subdivision
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop, Driveway-Shared, Off-Street Parking
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
2
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Electric, Refrigerator, Washer, Water Softener - Own
Utilities:
Owner Pays Electric, Owner Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Attic, Bedrooms, Living/Dining Room, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Dryer, Range/Oven - Electric, Refrigerator, Smoke Detector, Washer, Water Softener - Own
Utilities:
Owner Pays Electric, Owner Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Baseboard - Hotwater
Heating Fuel:
Oil Tank Above Ground - Inside, Wood
Cooling:
Window A/C(s)
Water Heater:
From Furnace, Oil
Water:
Well
Sewer:
Septic
Utilities:
Electric
Services:
n/a
School Information
Elementary:
WANTAGE
Middle:
SUSSEX
High School:
HIGH POINT
Community Information
County:
Sussex
Town:
Wantage Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$990,000
Tax Amount:
$10,548
Land Assessment:
$70,000
Build. Assessment:
$287,200
Total Assessment:
$357,200
Tax Rate:
2.95
Tax Year:
2024
Listing Information
MLS ID:
3969738
List Date:
06-16-2025
Days On Market:
1
Listing Broker:
FAIRCLOUGH REALTORS
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MeadowsRoxbury.com
