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Morristown, NJ Land for Sale

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LAND - Morris Twp., NJ
Updated: Sep 10, 2025
LAND - Morris Twp., NJ

Morristown, NJ 07960

$350,000
0.52 AC lot
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Industrial Building on 2.01 Acres
Updated: Jun 19
Industrial Building on 2.01 Acres

73 East Hanover Avenue, Morristown, NJ 07960

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6,600 sqft 2.01 AC lot
2.01‑acre IOS lot improved by a 6,600 SF industrial building
6,600 SF industrial building on the property
Year built: 2025
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Land For Sale
Land For Sale

86 Chestnut St, Morristown, NJ 07960

$550,000
0.77 AC lot

Land available for sale.

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Residential Land Near Morristown Green
Residential Land Near Morristown Green

Morristown, NJ 07960

$350,000

0.68-acre lot ready for custom home near NYC train.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

High-Visibility Commercial Land
High-Visibility Commercial Land

Morris Plains, NJ 07950

$829,900
0.95 AC lot

Commercial land site on State Route 10 in Morris County, offered for development subject to township approvals.

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Prime Development Opportunity in Morristown
Prime Development Opportunity in Morristown

Morris Plains, NJ 07950

$899,900
5.25 AC lot

5.25-acre parcel near Route 10, ideal for development.

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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.

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78.5 Acres Preserved Farm Opportunity
78.5 Acres Preserved Farm Opportunity

95 Calais Rd, Randolph, NJ 07869

$3,500,000
999 sqft

78.5-acre preserved farm with building potential in Randolph Township.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

68 Acres Tillable Land For Sale
68 Acres Tillable Land For Sale

Saint Johns, MI 48879

$499,000
68.30 AC lot

68 acres of tillable land suitable for multiple uses.

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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.

25 Market St
Land

25 Market St, Morristown, NJ 07960

Value Estimation by Request
0.30 AC lot
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Columbia Tpke
Land

0 Columbia Tpke, Morristown, NJ 07960

Value Estimation by Request
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Morristown, NJ Land Market Trends and Statistics

Explore 6 land for sale in Morristown, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,600 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for lots in Morristown, NJ start at $0.00, averaging $312,500, and reaching up to $550,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Industrial land 1
Residential land & home lots 1

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 $436.7K

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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