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Updated Two-Unit Duplex
For Sale
$975,000

371 James Street, Morristown, NJ 07960

Two multi-level units offer two bedrooms, private decks, shared laundry, and finished walkout space.

Property Size1,500 SF
Price / SF$650
Days on Market241

Property Features for 371 James Street

General Information

Standard status Active
Size 1,500 SF
Property subtype Multi Family / 3-Three Story

Taxes and HOA fees

Annual Taxes $8,645

Amenities

Yes
No
Asphalt Shingle
Carbon Monoxide Detector, High Ceilings, Smoke Detector, Wood Floors
Finished, Walkout
Deck, Wood Fence
Vinyl Siding

Building Details

Year Built 1875
Listing Agency: WEICHERT REALTORS
Listed By: JULIA PILAS · License #248270
Source: Compass
Added: Jan 2 Changed: Aug 30 Last Checked: Aug 30 at 4:06PM

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 WEICHERT REALTORS

Investment Insights

Based on property information with market context.

This two-unit duplex contains multi-level residences, each with two bedrooms, a kitchen, living and dining areas, ample closet storage, and a private deck facing the backyard. Shared laundry is positioned on the first floor, while wood floors, high ceilings, finished walkout space, and vinyl siding are among the property’s existing features. The recorded property size is 1,500, and the home was built in 1875.

The property is located at 371 James Street in Morristown, with town restaurants, theater, shopping, and the Green within a short walk. The Midtown Manhattan train line and Morristown Memorial Hospital are also described as being just minutes away.

Updates completed in 2024 include hot water heaters, furnaces, the roof, and appliances. Additional exterior features include decks and a wood fence.

Key Highlights

  • Two‑unit duplex with multi‑level residences
  • Each unit includes 2 bedrooms, kitchen, living room/dining room combination, and a private deck
  • 2024 updates include hot water heaters, furnaces, roof, and appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Dental Office Kitchen & Bath Showroom Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

152
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two multi-level units offer two bedrooms, private decks, shared laundry, and finished walkout space.
Where is this duplex located?
The property is located at 371 James Street Morristown, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑unit duplex with multi‑level residences; Each unit includes 2 bedrooms, kitchen, living room/dining room combination, and a private deck; 2024 updates include hot water heaters, furnaces, roof, and appliances
More about this property
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