170 N. Main Street — Wharton, NJ
Shovel-Ready 75-Unit Mixed-Use Development
Executive Summary
170 N. Main Street is a 2.95-acre, fully entitled mixed-use development site approved for a four-story project comprising 75 residential units and approximately 9,100 SF of street-level retail. Final site plan, engineering, environmental, and NJDEP approvals are in place and valid through June 2026, allowing construction to commence immediately post-closing.
Prime Location & Accessibility
Highway Access
1 mile from I-80 / NJ-15 interchange for seamless regional connectivity
Retail Hub
Adjacent to Rockaway Townsquare Mall, a major shopping destination
Transit Ready
10 minutes to NJ Transit's Dover station for NYC commuters
Investment Highlights
1
Shovel-Ready Land
Engineering, environmental, and NJDEP permits in hand—no entitlement delays
2
Desirable Unit Mix
54 × 1-BR, 12 × 2-BR, 9 × 3-BR apartments with weighted average of 905 SF
3
Ample Parking
170 structured stalls meeting 1.0 stall/bed + 3.5/1,000 SF retail standard
4
Employment Hub
Honeywell, BASF, and Zoetis within 15-minute drive radius
5
Limited Pipeline
Less than 760 multifamily units underway in Western Morris County
6
Strong Demand
Population growth and rising home prices drive sustained rental demand
Detailed Unit Specifications
This 75-unit development features a strategic mix of apartment sizes, averaging 905 SF, designed to capture diverse tenant demographics.
Site Details & Specifications
Block / Lot
301 / 1
Land Area
2.954 AC (128,676 SF)
Zoning
I-1 with Main St Mixed-Use Overlay
Approved Height
4 stories / 65 feet
Density
25.4 DU/AC (75 units)
Retail Bays
7 inline spaces (±9,163 SF)
Seize This Opportunity
170 N Main Street is a fully approved, shovel-ready mixed-use development with a defined program, secured entitlements, and a clear execution timeline.The site allows investor capital to transition directly from acquisition to construction, with risk concentrated on build and delivery rather than zoning or approvals.
Ready to Learn More?
Contact our team to receive detailed financial information, property reports, and to schedule a site visit. We're here to answer your questions and facilitate your due diligence process.
Email
admin@tesrealtygroup.com
Phone
(201) 905-1114
© 2025 TES Realty Group, Inc. All rights reserved.
TES Realty Group, Inc. is a commercial real estate brokerage and advisory firm providing investment sales and capital markets advisory services in New York and New Jersey.
Nothing contained herein constitutes legal, tax, investment, or financial advice, nor an offer or solicitation to purchase or sell any real estate or security.
All property information is provided for illustrative purposes only, is subject to errors, omissions, changes, or withdrawal without notice, and is not guaranteed.
TES Realty Group, Inc. is a commercial real estate brokerage and advisory firm providing investment sales and capital markets advisory services in New York and New Jersey.
Nothing contained herein constitutes legal, tax, investment, or financial advice, nor an offer or solicitation to purchase or sell any real estate or security.
All property information is provided for illustrative purposes only, is subject to errors, omissions, changes, or withdrawal without notice, and is not guaranteed.