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Morristown, NJ Land for Sale

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Lots and Land, Morris Twp., NJ
Updated: Sep 10, 2025
Lots and Land, Morris Twp., NJ

Morristown, NJ 07960

$350,000
0.52 AC lot
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Retail Storefront Property
Updated: Apr 12
Retail Storefront Property

74-78 Elm Street, Morristown, NJ 07960

Contact for pricing
7,612 sqft
±7,612 SF of retail space
74‑78 Elm Street address in Morristown, NJ 07960
Identified for retail use and redevelopment
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Residential Building Lot Near Downtown
Residential Building Lot Near Downtown

Morristown, NJ 07960

$325,000
0.57 AC lot

Large lot near downtown Morristown for building a dream home.

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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 in Butterworth Farms
Residential Land in Butterworth Farms

Morristown, NJ 07960

$450,000
4.70 AC lot

Subdividable land in Morris Township, close to amenities.

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Residential Land in Butterworth Farms
Residential Land in Butterworth Farms

Morristown, NJ 07960

$350,000
0.69 AC lot

Subdividable residential land in Morris Township's Butterworth Farms neighborhood.

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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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Lots And Land
Lots And Land

31 Sand Spring Lane, Morristown, NJ 07960

$2,000,000

Residential land & home lots

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Residential Building Lot For Sale
Residential Building Lot For Sale

Morristown, NJ 07960

$350,000

Residential building lot available in Morris Twp., NJ.

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Mixed-Use Development Lot
Mixed-Use Development Lot

76 Ridgedale Ave, Morristown, NJ 07960

Contact for pricing

Commercial, mixed-use and RA-15 zoned lot with capacity for up to three units pending town approvals.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 10 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

Opportunities in Nearby Cities

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

Prime Development Opportunity in Morristown
Prime Development Opportunity in Morristown

Morris Plains, NJ 07950

$899,900

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

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LAND - Hanover Township, NJ
LAND - Hanover Township, NJ

Cedar Knolls, NJ 07927

$100,000
0.20 AC lot

Land · 0.20 Acres

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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.

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Vacant Land
Vacant Land

Cedar Knolls, NJ 07927

$100,000

Residential land & home lots

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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
View details

Morristown, NJ Land Market Trends and Statistics

Explore 12 land for sale in Morristown, NJ, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 323,300 square feet of properties for sale, with an estimated market value of $4,725,000.

Sale prices for lots in Morristown, NJ start at $325,000, averaging $590,625, and reaching up to $2,000,000 — 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

Residential land & home lots 7
Commercial land 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 $590.6K

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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