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    15 Center Ave, Unit 2 Morristown, NJ 07960

    For Lease
    $2,900 /Mo

    Updated 2-bedroom apartment near downtown Morristown, available 12/1/25.

    Lot size:
    0.14 Acres

    Property Features for 15 Center Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1957

    Source: KL SOTHEBY'S INT'L. REALTY Agent LORRAINE FIRST

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Apartment Near Downtown Morristown

    This charming first-floor apartment features 2 bedrooms and 1 bathroom. The open-concept layout seamlessly connects the spacious living room to a large kitchen, suitable for both everyday living and entertaining. The unit is scheduled to receive updates including new flooring, recessed lighting, a fully updated bathroom, and fresh paint throughout. For convenience, the apartment includes an in-unit washer and dryer, as well as private off-street parking. A paver patio provides an outdoor space for relaxation. Rent includes water, sewer, lawn maintenance, and snow removal. Located minutes from the dining and shopping options in downtown Morristown, the property offers an easy commute with proximity to the Midtown Direct train and major highways. Available 12/1/25.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Clothing Store Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4944561
    Latitude
    40.7949071

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    FAQs

    What type of property is this?
    Apartment building - Updated 2-bedroom apartment near downtown Morristown, available 12/1/25.
    Where is this apartment building located?
    The property is located at 15 Center Ave, Unit 2 Morristown, NJ.
    What are key features of this property?
    This property features: - Newly renovated with new flooring, recessed lighting, updated bathroom, and fresh paint throughout.; - Convenient location minutes from downtown Morristown, Midtown Direct train, and major highways.; - Rent includes water, sewer, lawn maintenance, and snow removal.
    (973) 952-6200
    Request Owner's contact information
    15 Center Ave, Unit 2 Morristown, NJ 07960
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    Morristown, NJ 07960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Center Ave, Unit 2 Morristown, NJ 07960
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