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$ 2,500,000
Est. payment | /mo
1,742 Sqft Lot
$ 2,500,000
Est. payment | /mo
1,742 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4016420
Year Built 1990
Annual Tax Amount $11,786
Tax Year 2023
Lot Size 1,742 Sqft
Property Sub-Type Mixed Use
Property Description
117-119 Morris St, Morristown, NJ ? Mixed-Use Investment Opportunity Prime mixed-use investment property located in the heart of Morristown. This 3-unit building features 1 commercial space (restaurant) and 2 residential units above, consisting of one 1-bedroom and one 2-bedroom apartment. Positioned directly across from the train station, this property offers unmatched visibility and foot traffic. Neighboring a brand-new 7-Eleven and Wingstop, just minutes from multiple newly developed, high-value office buildings, the location continues to see strong growth and redevelopment. Morristown is widely recognized as one of the most desirable towns in Morris County, making this a highly attractive asset for both investors and tenants alike. Strong income potential with a mix of commercial and residential use in a rapidly developing area.
Location
State NJ
County Morris
Zoning Mixed use
Rooms
Basement Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling Central Air, Window A/C(s)
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available See Remarks
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by HIGHMARK REAL ESTATE
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