2-Family Deal – Morristown

  • $850,000
Morristown, New Jersey, 07960
For Sale New
2-Family Deal – Morristown
Morristown, New Jersey, 07960
  • $850,000

Overview

Property ID: 71410
  • Multi-Family
  • Property Type
  • 71410
  • Property ID

Description

The buyer will pay a 3% commission for this deal.

PROPERTY OVERVIEW

 

Large duplex featuring two 4-bedroom units with spacious layouts
High ceilings, hardwood floors, and strong in-place character
Separate utilities / living areas offering maximum rental flexibility
Finished basement with 3rd unit potential (town permits basement rental)
3-car detached garage + workshop — additional income potential
Prime location near downtown, transit, and major commuter routes

Deal Highlights:

 

Delivered 100% vacant — clean slate for lease-up or repositioning
Value-add opportunity: vacant units require renovation; full scope of work unknown
Ideal for investors looking to force appreciation and increase rents
Potential to convert to a high-yield triplex in a supply-constrained market

  • Address Morristown, New Jersey, 07960
  • County Morris
  • State/county New Jersey
  • Zip/Postal Code 07960
  • City Morristown

Contact Information

Enquire About This Property

Details

Updated on May 4, 2026 at 3:48 pm
  • Property ID: 71410
  • Price: $850,000
  • Property Type: Multi-Family
  • Property Status: For Sale

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