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$ 2,500,000
Est. payment /mo
Active
119 Morris St Morristown Town, NJ 07960
1,742 Sqft Lot
UPDATED:
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