Morristown NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.15 Acres
Year built:
1900
Baths:
2.00
MLS#:
3928826

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.

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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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.

Morristown Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    81
    30-day change

Morristown Schools and Demographics

Education near Morristown, NJ

Metric City County
High School Graduates 90.69 94.55
College Degree - 2 year 3.95 6.14
College Degree - 4 year 57.85 55.75
Graduate Degree 17.29 17.26
Expenditures per Student 25,345 25,345
Students per Teacher 10.9 10.9

Elementary Schools near Morristown, NJ

School Grades Students P/T Ratio ZIP
Alexander Hamilton 03 - 05 271 9 07960
Harding Township School PK - 08 306 9.1 07976
Hillcrest School KG - 02 318 12.7 07960
Lafayette Lerning Center PK - PK 176 18.5 07960
Mendham Township Elementary School PK - 04 332 9.5 07926
Normandy Park School KG - 05 368 11.5 07960
Sussex Avenue School 03 - 05 323 12.4 07960
Thomas Jefferson School 03 - 05 317 10.4 07960
Unity Charter School KG - 08 202 9.7 07960
Woodland School KG - 02 305 11.1 07961

Middle Schools near Morristown, NJ

School Grades Students P/T Ratio ZIP
Frelinghuysen Middle School 06 - 08 1,144 12.5 07960
Mendham Township Middle School 05 - 08 375 10.2 07926

High Schools near Morristown, NJ

School Grades Students P/T Ratio ZIP
Morristown High School 09 - 12 1,678 13.5 07960

Ungraded Schools near Morristown, NJ

School Grades Students P/T Ratio ZIP
* Morris County Youth Center 09 - 12 16 07963
* Morris Transitional Education Center 09 - 12 14 07960
Regional Day School UG - UG 28 2.8 07960

Demographics near Morristown, NJ 07960

Metric Zip Code City
Neighborhood Type Suburban
Population 20,003 508,347
Population Density 6,876 1,104
Median Age 33.9 42.7
People per Household 2.2 2.7
Median Household Income 112,570 123,727
Average Income per Capita 62,895 61,915