Primary listing photo

119 Morris St #119, Morristown, NJ, 07960

--beds
4baths
0sqft
$2,500,000
--price/sqft
$17,349/moest. monthly cost
$693,960/yrincome needed

About This Home

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.

Getting Around

97
WalkingWalker's Paradise
39
TransitSome Transit
50
BikeBikeable

Schools

5/10
3/10
Morristown High SchoolGrades 9-120.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 1990

Materials

  • Roof: Flat
  • Construction materials: Brick/Block

Type & Style

  • Home type: Apartment
  • Property subType: Apartment

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bathrooms: 4

Features

  • Door features: Max Door Height: 8

Heating & Cooling

  • Heating features: Forced Air,Radiators - Steam,Natural Gas
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 3,000

Property

Details

  • Parcel number: 2324047020000000350000
  • Attached to another structure: Yes
  • Zoning description: Mixed use
  • Other equipment: See Remarks

Features

  • Stories: 2

Lot

  • Lot size: 1,742 sqft
  • Features: Business District
  • Lot size dimensions: 29 x 62

Parking

  • Parking features: None