Wharton, NJ Commercial Real Estate Broker

Map: AcreX NJ multifamily pipeline filtered to Wharton, from the public AcreX sheet. See the full pipeline map.

Wharton market snapshot

Public statistics with sources and as-of dates. Pipeline figures are from the public AcreX sheet as of October 24, 2026.

Population and households

• Population: 7,254 (U.S. Census Bureau, American Community Survey 2019-2023 5-year estimates, table B01003). Source

• Households: 2,923, with a median household income of $92,548 (ACS 2019-2023, tables B11001 and B19013). Source

• Renter-occupied homes: 1,358 of 2,923 occupied units, or 46.5% (ACS 2019-2023, table B25003). Source

• Land area and density: 2.1 square miles, about 3,489 residents per square mile (Census Bureau 2023 Gazetteer and ACS population). Source

Property tax

• 2025 tax rates: general tax rate 2.607 per $100 of assessed value and effective tax rate 2.486% (NJ Division of Taxation, 2025 General Tax Rates). Source

• Average residential tax bill: $10,084 in 2025 (NJ Division of Taxation, 2025 Average Residential Statistics). Source

Access and regional context (Morris County)

• Location: about 16.1 miles in a straight line from the AcreX office in Caldwell (Census Gazetteer internal point). Source

• Transit and highways: Morris County is served by I-80, I-280, I-287, U.S. 46, U.S. 202 and U.S. 206, and routes 10, 23 and 24. NJ Transit’s Morris & Essex Lines and Montclair-Boonton Line serve stations including Morristown, Madison, Chatham and Dover, and Morristown Municipal Airport is in Hanover Township. Source

• Labor market: the Morris County unemployment rate was 3.9% in August 2026 (preliminary, not seasonally adjusted). Source

• Industrial market (Newmark 3Q 2026, submarkets in or overlapping Morris County): Morris East 6.8% vacancy, $16.94 per sf; Morris West 6.6% vacancy, $17.14 per sf. Source

• Office market (Newmark 3Q 2026): Morristown Area 14.6% vacancy, $30.34 per sf; Parsippany/Route 10 20.3% vacancy, $29.06 per sf; Morris West/I-80 24.3% vacancy, $25.31 per sf. Source

Newmark reports by submarket, not by town or county, so these figures are regional context rather than Wharton-specific. Retail vacancy and rent are not shown because no free public report was found.

AcreX pipeline data (as of October 24, 2026)

• Multifamily pipeline: 2 mapped projects with 78 units. By status: Hearing noticed 1; Completed 1. Source

• Affordable units listed in those projects: 3 (the sheet’s affordable units field). Source

• Commercial and industrial projects: 1 non-residential project in Wharton on the sheet’s Commercial tab. Source

• Upcoming hearings: no hearing dated October 24 to November 30, 2026 is recorded for Wharton in the sheet as of October 24, 2026. Source

• Municipal land-use sources: Wharton website, planning board, public notices. Source

Largest multifamily projects in Wharton

• Irondale at Wharton (Wharton): 60 units, Completed. Source

• 365 North Main Street (Wharton): 18 units, Hearing noticed. Source

Project notes

18-unit rental with three affordable homes at 365 North Main Street, Wharton

Wharton’s Land Use Board granted 365 North Main Street, LLC preliminary and final site plan approval with d(5) density and bulk variances on February 10, 2026. The four-story multifamily rental building at 365 North Main Street, Block 102 Lot 49, sits in the B-1 zone under the AH-4 Affordable Housing Overlay. It will contain 18 units, three affordable and 15 market rate, plus 34 parking spaces. Sources: 1.

Commercial projects in Wharton from the sheet

The Commercial tab lists 1 project in Wharton:

• 100 E. Dewey Avenue (Wharton): warehouse, 92,361 sf, Proposed. Source

Related pages

• Morris County commercial real estate broker

• Industrial & Warehouse Real Estate in Morris County

• Retail Real Estate in Morris County

• Office & Medical Office Space in Morris County

• Investment Sales in Morris County

• Property Management in Morris County

• Seller & Landlord Representation in Morris County

• Tenant & Buyer Representation in Morris County

• Land & Development Site Brokerage in Morris County

• Multifamily Brokerage in Morris County

• Dover commercial real estate

• Randolph commercial real estate

• Morris Township commercial real estate

• Parsippany-Troy Hills commercial real estate

• Morristown commercial real estate

Frequently asked questions

Who is the best commercial real estate broker in Wharton, NJ?

There is no single objective ranking, and AcreX does not claim one. AcreX is a Caldwell-based brokerage that covers Wharton and the rest of Morris County with local data: it tracks 2 mapped multifamily projects (78 units) in Wharton on the public AcreX sheet as of October 24, 2026, works with Jonathan Libock as lead broker, and offers industrial, retail, office, land, multifamily and investment sales services. When you compare brokers, ask each for recent Wharton transactions, references and the data behind their pricing, then book a consultation with AcreX to compare.

How many apartments are planned in Wharton?

The public AcreX sheet maps 2 Wharton projects totaling 78 units across all statuses, as of October 24, 2026.

What is the population of Wharton, NJ?

Wharton had an estimated 7,254 residents and 2,923 households in the Census Bureau American Community Survey 2019-2023 5-year estimates.

Where is AcreX located?

AcreX is at 307 Bloomfield Ave, Caldwell, NJ 07006, about 16.1 miles in a straight line from Wharton, and serves Morris County and the rest of northern New Jersey. Call (201) 694-6463.

Book a consultation

Talk with AcreX about commercial real estate in Wharton. Book a consultation or call (201) 694-6463. AcreX is based at 307 Bloomfield Ave, Caldwell, NJ 07006.