Wharton Boro Real Estate

Wharton Township, nestled in the heart of Morris County, offers a rich blend of historical significance and modern convenience, making it an attractive location for prospective homebuyers and real estate investors alike. Initially established as Irondocks, later renamed Port Oram, the township’s early European settlers were drawn to its strategic location along the Rockaway River and its access to abundant iron ore deposits. The development of the Morris Canal and the Morris & Essex Railroad in the 19th century propelled Wharton into a bustling industrial hub, laying the foundation for its vibrant community. These transportation networks not only bolstered the local economy but also enhanced property values and accessibility, key attributes that continue to influence Wharton’s real estate market today.

Officially incorporated in 1895 and later renamed in honor of Joseph Wharton in 1902, the township offers a unique blend of historical charm and contemporary living. Residential properties in Wharton range from charming historic homes that reflect its industrial-era heritage to modern single-family residences and townhouses, catering to a diverse range of buyers. Its close proximity to Routes 80, 287, and 15 makes Wharton an excellent commuter location, while the nearby Rockaway Townsquare Mall offers shopping, dining, and entertainment options. Combined with access to recreational areas like the Rockaway River and local parks, Wharton provides a balanced lifestyle for families, professionals, and outdoor enthusiasts. Whether you’re drawn to its historical roots or its thriving community atmosphere, Wharton presents a compelling opportunity in Morris County’s dynamic real estate market.

Wharton Boro - Town vs. County Stats

Avg Price in Wharton Boro: $545,900 / County Avg $929,600

59%

Avg Taxes in Wharton Boro: $10,900 / County Avg $13,500

81%

Avg Sq. Ft. in Wharton Boro: 1,816 / County Avg 3,247

56%

Avg Price per/sqft in Wharton Boro:$301 / County Avg $286

105%

Avg Year Built in Wharton Boro: 1955 / County Avg 1970

99%

Avg Days on Website in Wharton Boro: 32 / County Avg 50

64%

Wharton Boro Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales