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Duplex with Detached Garage
For Sale
$805,000

11 Hazel St #1-2, Morristown, NJ 07960

Two residential units are accompanied by a walkout lower level and additional upper-floor storage space.

Property SizeContact for details
Days on Market47

Property Features for 11 Hazel St #1-2

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi Family Home
Net Operating Income $111,111

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

Smoke Detector
Partially Fenced

Building Details

Year Built 1925
Units 2
Listing Agency: Coldwell Banker Realty
Listed By: Jacqueline Rossi
Source: Culturaunitedrealty
Added: Sep 7 Changed: Oct 23 Last Checked: Oct 23 at 4:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

Built in 1925, this two-unit property includes a detached garage, a full walkout basement with a bonus room, and a third-floor area used for storage. The home is being sold as-is. Recent work includes interior painting in both units, new lighting, electrical outlets and switches, and new decking on the front porch. The exterior siding was power washed, and the roof is approximately 8 years old. Sink traps and shut-off valves have also been replaced.

Shopping, schools, major highways, and public transportation are nearby. The property is in Morristown, New Jersey.

Key Highlights

  • Two‑unit residential property built in 1925
  • Detached garage
  • Full walkout basement with bonus room

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

Demographics for 07960, NJ

45,609
Population
18,978
Households
2.4
Avg Household Size
40
Median Age
68%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
1,318
Density / Sq Mi
$149,462
Median Household Income
$75,266
Median Earnings
$2,173
Median Rent
$701,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units are accompanied by a walkout lower level and additional upper-floor storage space.
Where is this duplex located?
The property is located at 11 Hazel St #1-2 Morristown, NJ.
What is the asking price?
The asking price for this property is $805,000.
What are key features of this property?
This property features: Two‑unit residential property built in 1925; Detached garage; Full walkout basement with bonus room
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