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    18 Sussex Ave, Unit A Morristown, NJ 07960

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    For Lease
    $2,800 /Mo

    Recently renovated two-bedroom unit with modern amenities and convenient location.

    Lot size:
    0.12 Acres

    Property Features for 18 Sussex Ave

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1900

    Source: GODBY REALTORS Agent KATHRYN ORAM

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

    Overview

    Renovated In-Town Two Bedroom Unit

    This totally renovated in-town unit features two large bedrooms with built-out closets. The primary bedroom includes a full bath. In-unit laundry is available. The unit is equipped with all new appliances and solid surface flooring. Easy street parking is accessible, along with access to a large backyard. The property is conveniently located close to downtown and Routes 287, 24, 10, 46, and 80. It is also minutes away from NJ Transit NYC Direct and 20 minutes from Newark Liberty.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon 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
    -74.4835828
    Latitude
    40.8041987

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    FAQs

    What type of property is this?
    Multifamily property - Recently renovated two-bedroom unit with modern amenities and convenient location.
    Where is this multifamily property located?
    The property is located at 18 Sussex Ave, Unit A Morristown, NJ.
    What are key features of this property?
    This property features: - Commuter friendly location: Close to downtown, Rts 287, 24,10,46,80, NJ Transit NYC Direct, and Newark Liberty Airport.; - Totally renovated unit with new appliances and solid surface flooring.; - Two large bedrooms, primary with full bath.
    (973) 539-9151
    Request Owner's contact information
    18 Sussex Ave, Unit A 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
    18 Sussex Ave, Unit A Morristown, NJ 07960
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