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    Morristown, NJ

    Morristown, NJ Commercial Real Estate for Sale

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    Downtown Morristown Mixed-Use Opportunity
    Updated: May 12
    Downtown Morristown Mixed-Use Opportunity

    4 Perry St, Morristown, NJ 07960

    $1,450,000
    3,586 sqft
    Prime Downtown Morristown location, steps from train, transit, restaurants, and theaters.
    Versatile mixed‑use property suitable for business, residential, or investment purposes.
    First floor features multiple offices, reception area, kitchenette, and bathroom.
    Upper level offers apartments for rental income or on‑site living.
    Multiple permitted uses including office, medical, art gallery, childcare, single‑family, and multi‑family.
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    This listing looks promising.

    Here's a quick look at some key insights for

    4 Perry St, Morristown, NJ 07960-9447

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $55K
      Annual

    • Price @ 7% Cap

      $784K
      Suggested

    • Last Sold

      May 2009
      $625K

    • Property Type

      Commercial (General)
      Built 1876
    View Property Analytics
    Mixed-Use Live-Work Duplex
    Updated: May 14
    Mixed-Use Live-Work Duplex

    101 Washington St, Morristown, NJ 07960

    $1,100,000
    2,200 sqft
    Year built 1857: two‑level mixed‑use duplex with separate heating/hot water for each apartment
    First floor offers 7 rooms total, 1.5 bathrooms, private laundry facility, woodburning fireplace (new liner), and a well‑constructed deck
    Lower‑level spiral staircase adds flexible space that can serve as a family room or a professional office with its own entrance from the parking lot
    Second floor has a 5‑room apartment with its own laundry, walk‑in closet, 2 bedrooms, and ceiling fans
    Both units feature new stainless steel appliances, recessed lighting, and natural light; gas stove includes a built‑in air fryer
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    First-Floor Office Suite
    First-Floor Office Suite

    Morristown, NJ 07960

    Contact for pricing
    13,725 sqft

    Bright 3-room first-floor office suite suitable for professional services.

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    Single-Story Office Building
    Single-Story Office Building

    211 SOUTH ST, Morristown, NJ 07960

    Contact for pricing
    12,500 sqft

    Recently renovated single-story office building with 53 parking spaces and current tenancy in Morristown.

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    Medical Office Condo with Exam Rooms
    Medical Office Condo with Exam Rooms

    261 James St, Morristown, NJ 07960

    Contact for pricing
    1,571 sqft

    First-floor medical office condominium offers waiting and reception areas, private offices, exam rooms, and private baths.

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    Reimagined Mixed-Use Luxury Property
    Reimagined Mixed-Use Luxury Property

    113 Washington St, Morristown, NJ 07960

    $2,250,000
    4,563 sqft 0.17 AC lot

    Mixed-use property in Downtown Morristown with high-end residential and commercial.

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    Industrial Building on 2.01 Acres
    Industrial Building on 2.01 Acres

    73 East Hanover Avenue, Morristown, NJ 07960

    Contact for pricing
    6,600 sqft 2.01 AC lot

    For sale 2.01-acre IOS lot improved by a 6,600 SF industrial building.

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    Retail Building Offering
    Retail Building Offering

    75-81 Washington Street, Morristown, NJ 07960

    Contact for pricing
    9,200 sqft

    For sale retail property totaling 9,200 SF at 75-81 Washington Street in Morristown, NJ.

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    Medical Office with Live-Work
    Medical Office with Live-Work

    Morristown, NJ 07960

    Contact for pricing

    First-floor medical suite includes three private exam/office rooms, reception/waiting, and an ADA-compliant bathroom.

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    Updated Medical Office Building
    Updated Medical Office Building

    59 FRANKLIN ST, Morristown, NJ 07960

    Contact for pricing

    Office spaces with prior doctor office use, updated interiors, and private parking, located close to Morristown Medical Center.

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    Multi-Suite Office Building
    Multi-Suite Office Building

    60 WASHINGTON ST, Morristown, NJ 07960

    Contact for pricing

    Multiple office suites are available ranging from 1,100 to 3,600 sq. ft., with on-site parking.

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    First-Floor Office Suite
    First-Floor Office Suite

    5 MAPLE AVE Unit FIRST, Morristown, NJ 07960

    Contact for pricing

    First-floor office space with off-street tenant parking and utilities/internet included; division options available.

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    Lower-Level Office Suite
    Lower-Level Office Suite

    14 ELM ST, Morristown, NJ 07960

    Contact for pricing

    Side lower-level office suite with two rooms and a lavatory, accessed from a ground-level entrance.

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    Professional Office Suite
    Professional Office Suite

    1 MADISON AVE Unit 301, Morristown, NJ 07960

    Contact for pricing

    Office suite available for a professional business or office service, with flexibility for shared client services arrangements.

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    Specialty Commercial Unit
    Specialty Commercial Unit

    1 MADISON AVE Unit 304, Morristown, NJ 07960

    Contact for pricing

    For sale specialty commercial unit, with landlord open to mutually beneficial business-client share arrangements.

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    Office Property for Sale
    Office Property for Sale

    39 John Street, Morristown, NJ 07960

    Contact for pricing

    For-sale office property at 39 John Street in Morristown, NJ.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Crosspointe Technology Center Building 1
    Crosspointe Technology Center Building 1

    945 State Route 10, Whippany, NJ 07981

    Contact for pricing
    45,834 sqft 15.00 AC lot

    Technology center building available for sale or lease.

    View details
    Turn-Key Korean BBQ Restaurant
    Turn-Key Korean BBQ Restaurant

    650 Speedwell, Morris Plains, NJ 07950

    $895,000

    Freestanding restaurant with smokeless BBQ grill system and parking.

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    Turn-Key Restaurant in Downtown
    Turn-Key Restaurant in Downtown

    650 SPEEDWELL AVE, Morris Plains, NJ 07950

    $998,000

    Korean BBQ restaurant for sale in Morris Plains.

    View details
    Crosspointe Technology Center Lab Space
    Crosspointe Technology Center Lab Space

    941 State Rte 10, Whippany, NJ

    Contact for pricing
    149,475 sqft 14.68 AC lot

    Lab space available for sale or lease in Whippany, NJ.

    View details

    Off-Market Properties in Morristown, NJ

    Consider similar Off-Market properties in Morristown, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1 Lafayette Ave
    COMMERCIAL (GENERAL)

    1 Lafayette Ave, Morristown, NJ 07960-4100

    Value Estimation by Request
    26,489 sqft 1.11 AC lot
    View details
    8 Clinton Pl
    COMMERCIAL (GENERAL)

    8 Clinton Pl, Morristown, NJ 07960-6806

    Value Estimation by Request
    3,621 sqft 0.07 AC lot
    View details
    Dumont Pl
    COMMERCIAL (GENERAL)

    Dumont Pl, Morristown, NJ 07960

    $5,720,000
    Estimated value
    0.68 AC lot
    View details
    136 Ss St
    COMMERCIAL (GENERAL)

    136 Ss St, Morristown, NJ 07960-9556

    $2,360,000
    Estimated value
    7,279 sqft 0.43 AC lot
    View details
    25 Maple Ave
    COMMERCIAL (GENERAL)

    25 Maple Ave, Morristown, NJ 07960-5216

    $565,000
    Estimated value
    1,230 sqft 0.14 AC lot
    View details
    28 Dehart St
    COMMERCIAL (GENERAL)

    28 Dehart St, Morristown, NJ 07960-5210

    Value Estimation by Request
    2,188 sqft 0.15 AC lot
    View details
    22 Park Pl
    COMMERCIAL (GENERAL)

    22 Park Pl, Morristown, NJ 07960-3979

    $3,350,000
    Estimated value
    7,475 sqft 0.10 AC lot
    View details
    Lackawanna Pl
    COMMERCIAL (GENERAL)

    Lackawanna Pl, Morristown, NJ 07960

    $845,000
    Estimated value
    9,780 sqft 0.24 AC lot
    View details

    Morristown, NJ Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Morristown, NJ, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 53,945 square feet of properties for sale, with an estimated market value of $4,800,000.

    Sale prices for business properties in Morristown, NJ start at $1,100,000, averaging $1,600,000, and reaching up to $2,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Morristown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07960 $1.1M

    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)

    Property Size Breakdown

    The majority of commercial real estate listings in Morristown fall within the 100,000+ square foot range.

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

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