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Renovated Duplex with Garage
For Sale
Contact for pricing
Pending

20 Prospect St, Morristown, NJ 07960

Two-apartment property with one- and four-bedroom residences plus a separate garage.

Property SizeContact for details
Days on Market41

Property Features for 20 Prospect St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 1BR, 1 x 4BR
Multifamily Units 2
Listing Agency: DLP Realty
Listed By: Don Wenner · License #FL AB067794
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 10:09AM

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 DLP Realty

Investment Insights

Based on property information with market context.

This detached duplex contains two residential units: one apartment with 1 bedroom and a second with 4 bedrooms. The building has been fully renovated and restored, and the property includes a detached garage.

Located at 20 Prospect St in Morristown, New Jersey, the property is positioned near the restaurants and attractions of the surrounding area.

Key Highlights

  • Two apartments with 1‑bedroom and 4‑bedroom layouts
  • Fully renovated and restored detached building
  • Separate detached garage included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Storage Facility Pet Store Florist Pet Store & Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,409
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 - Two-apartment property with one- and four-bedroom residences plus a separate garage.
Where is this duplex located?
The property is located at 20 Prospect St Morristown, NJ.
What are key features of this property?
This property features: Two apartments with 1‑bedroom and 4‑bedroom layouts; Fully renovated and restored detached building; Separate detached garage included
More about this property
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