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Luxury Residences & Townhomes For Rent
For Lease
$5,675/Mo

70 Ridgedale Ave 102, Morristown, NJ 07960

Luxury 2-bedroom residences and townhomes near Morristown train station.

Space SizeContact for details
Property Size1,565 SF
Lot Size0.31 Acres
Days on Market171

Property Features for 70 Ridgedale Ave 102

General Information

Standard status Active
Size 1,565 SF
Lot size 0.31 Acres
Property subtype Multi Family
Lease Term 12 months

Building Details

Building Size 1,565 SF
Year Built 2025
Listing Agency:
Listed By: CARA C. DITOMMASO
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 5:29AM

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 CARA C. DITOMMASO

Investment Insights

Based on property information with market context.

Luxury two-bedroom residences and townhomes are now leasing in Morristown. These oversized units are newly built and renovated with completion expected in 2025. The dog-friendly building offers full-service living with premium amenities and is located steps from the Morristown train station and downtown shops and restaurants. The elevator building features luxury finishes, a fitness center, and a dedicated yoga room. Residents can enjoy a roof deck and an on-site dog park. On-site parking is available with EV charging, including indoor covered garage and outdoor parking options. This luxury rental community offers value in a premier market.

Key Highlights

  • Newly built/renovated (2025) luxury 2‑bedroom residences and townhomes.
  • Steps from Morristown train station, shops, and restaurants.
  • Full‑service living with premium amenities including a fitness center, yoga room, roof deck, and dog park.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Catering Service Clothing & Fashion Store Veterinary Clinic Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,939
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Luxury 2-bedroom residences and townhomes near Morristown train station.
Where is this multifamily property located?
The property is located at 70 Ridgedale Ave 102 Morristown, NJ.
What is the lease rate?
The lease rate is $5,675/Mo.
What are key features of this property?
This property features: Newly built/renovated (2025) luxury 2‑bedroom residences and townhomes.; Steps from Morristown train station, shops, and restaurants.; Full‑service living with premium amenities including a fitness center, yoga room, roof deck, and dog park.
More about this property
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