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    Morristown, NJ
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    Morristown, NJ Commercial Land for Sale

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    Mixed-Use Development Lot
    Updated: Apr 12
    Mixed-Use Development Lot

    76 Ridgedale Ave, Morristown, NJ 07960

    Contact for pricing
    Zoned Commercial, Mixed Use, and RA‑15 (residential for 1–4 family), according to provided remarks
    Lot supports up to 3 units, pending town approvals
    Buyer can pursue condos or townhomes subject to required town approvals
    Location noted as close to train, shops, restaurants, and Routes 24 and 287
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Retail Exposure
    Commercial Land with Retail Exposure

    Morris Plains, NJ 07950

    $749,900
    0.95 AC lot

    Commercial development site with public water and sewer, near established retail and residential activity.

    View details
    Commercial Land with Signage Income
    Commercial Land with Signage Income

    1128 Route 10, Randolph, NJ 07869

    $279,000
    4.26 AC lot

    Commercial land for sale with permitted uses and signage income.

    View details
    Development Land with Wetlands Area
    Development Land with Wetlands Area

    739 Mountain Way, Morris Plains, NJ 07950

    $899,900

    5.25-acre development parcel with wetlands in the front third and access just off Route 10.

    View details
    Mixed-Use Development Land Parcel
    Mixed-Use Development Land Parcel

    1202 Sussex Turnpike, Randolph, NJ 07869

    Contact for pricing
    1.56 AC lot

    1.56-acre land parcel at a signalized intersection in a Village Mixed Use (VMU) district.

    View details

    Morristown, NJ Commercial Land Market Trends and Statistics

    Explore 1 commercial land for sale in Morristown, NJ on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 7
    Commercial land 1
    Industrial land 1

    Demographics Overview

    Population 47K
    Population Growth (5Y) +2.8%
    Median Household Income $149,462
    College Educated 65.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $13.37 per SF
    Tax Rate vs County Average 0.35 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Featured Morristown Real Estate Agencies

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    Your Town Realty
    5 Maple Ave Morristown, NJ 07960
    Phone: 19738655050
    www.yourtownhomesearch.com

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