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Renovated Half-Duplex with Walkout Lower Level
New
For Lease
$3,500/Mo

11 Abbett Ave, Morristown, NJ 07960

Renovated half-duplex with two bedrooms, central air, and a finished walkout lower level plus enclosed front porch.

Days on Market5

Property Features for 11 Abbett Ave

General Information

Standard status Active
Property subtype Multi Family
Lease Term 12 months

Building Details

Year Built 1916
Listing Agency:
Listed By: DEBBIE A RYBKA
Source: Elliman
Added: Jul 28 Changed: Jul 29 Last Checked: Aug 1 at 9:14AM

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 DEBBIE A RYBKA

Investment Insights

Based on property information with market context.

Renovated in 2024, this half-duplex offers two large bedrooms plus a third-floor office/bonus room and loft space. The home includes two full bathrooms and central air, with hardwood flooring. A finished walkout lower level provides an additional rec room, and there is an enclosed front porch along with backyard space for everyday use. Washer/dryer hook-up is available in the basement.

Located at 11 Abbett Ave in Morristown, the property is a short distance to the Morristown train station and downtown, with convenient access to major highways.

The layout combines traditional living areas with flexible upper-level space, including the loft and office/bonus room, plus a lower-level recreation space that can support a variety of household needs.

Key Highlights

  • 2024 renovated half‑duplex layout with two large bedrooms plus third‑floor office/bonus room and loft space
  • Two full bathrooms, hardwood flooring, and central air
  • Finished walkout lower level with rec room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Butcher Pet Grooming Service Bed & Breakfast Tanning Salon

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

2,619
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?
Duplex - Renovated half-duplex with two bedrooms, central air, and a finished walkout lower level plus enclosed front porch.
Where is this duplex located?
The property is located at 11 Abbett Ave Morristown, NJ.
What is the lease rate?
The lease rate is $3,500 /Mo.
What are key features of this property?
This property features: 2024 renovated half‑duplex layout with two large bedrooms plus third‑floor office/bonus room and loft space; Two full bathrooms, hardwood flooring, and central air; Finished walkout lower level with rec room
More about this property
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