Morristown NJ Multi Family for Sale
$775,000
73 MADISON ST Morristown, NJ 07960
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 3928826
View additional info
Courtesy: PRESTIGE PROPERTY GROUP MONTCLAIR
973-860-7595
ADDITIONAL INFORMATION
Welcome to this gorgeous 2 family home in the heart of Morristown, NJ. A unique opportunity to buy a completely vacant two family home and live In one side and rent the other. Separate newer utilities and a large backyard make this property a perfect one to keep in your portfolio. There's even laundry in each unit. Owner was collecting $2,500 per unit but now the house is totally vacant.
$1,799,000
26 Franklin Place Morristown Town, NJ 07960
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1900
- Baths:
- 8.00
- MLS#:
- 24029040
View additional info
Courtesy: Serhant New Jersey Llc
646-480-7665
ADDITIONAL INFORMATION
Here is your chance to own a 4 unit building on a picture perfect street in the heart of Morristown, with ample parking and tons of upside! Located on a wide, tree-lined street, between South St. & Morris and equidistant to the Morristown Green, 287 and the Morristown Train Station, you will not find a better location! Currently, this property consists of 4 units in total, 3 in the front house and 1 in the separate carriage house located in the back of the property. 1st floor was used as a doctor's office, and would be ideal for the owner occupant looking to purchase an income property while opening their own business in the professional office space below. Or, you can look into renovating the 1st floor professional space into 1 or 2 more residential units (Please check with the town and do your own due diligence on what could be allowed). 2nd, 3rd and Carriage house residential units are all nicely renovated as of 2022/23 and have fantastic tenants who are all looking to stay.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in Purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Some properties listing with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.Morristown Real Estate
The median home value in Morristown, NJ is $728,200. This is higher than the county median home value of $546,600. The national median home value is $338,100. The average price of homes sold in Morristown, NJ is $728,200. Approximately 34.19% of Morristown homes are owned, compared to 60.03% rented, while 5.78% are vacant. Morristown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morristown real estate agent to arrange a tour today!
Morristown, New Jersey 07960 has a population of 20,003. Morristown 07960 is less family-centric than the surrounding county with 32.36% of the households containing married families with children. The county average for households married with children is 37.96%.
The median household income in Morristown, New Jersey 07960 is $112,570. The median household income for the surrounding county is $123,727 compared to the national median of $69,021. The median age of people living in Morristown 07960 is 33.9 years.
Morristown Weather
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 50.8 inches per year, with 26.1 inches of snow per year.