Mixed-Use

Morristown, NJ Mixed-use Properties for Sale

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Downtown Morristown Mixed-Use Opportunity
Updated: May 12
Downtown Morristown Mixed-Use Opportunity

4 Perry St, Morristown, NJ 07960

$1,450,000
3,586 sqft
Prime Downtown Morristown location, steps from train, transit, restaurants, and theaters.
Versatile mixed‑use property suitable for business, residential, or investment purposes.
First floor features multiple offices, reception area, kitchenette, and bathroom.
Upper level offers apartments for rental income or on‑site living.
Multiple permitted uses including office, medical, art gallery, childcare, single‑family, and multi‑family.
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Reimagined Mixed-Use Luxury Property
Updated: Mar 20
Reimagined Mixed-Use Luxury Property

113 Washington St, Morristown, NJ 07960

$2,250,000
4,563 sqft 0.17 AC lot
Fully Reimagined Mixed‑Use Property: Rebuilt in 2019 with premium materials, blending high‑end residential living with a striking commercial presence.
Prime Downtown Morristown Location: Immediate access to dining, shopping, and transit.
High‑End Residential Apartment: Three bedrooms, each with an ensuite bath, showcasing refined finishes and spacious proportions.
Exceptional Office Space: Custom build‑out with sleek, glass‑walled offices and panoramic views.
Detached Carriage House: Open‑concept, loft‑style one‑bedroom above a three‑car garage, suitable for rental income or guest accommodations.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

2504 Plainfield Avenue, Scotch Plains, NJ 07076

$1,875,000
4,032 sqft

Versatile commercial property with office, warehouse, and yard space.

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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

175 N Main St, Wharton, NJ 07885

$2,800,000
20,000 sqft 1.51 AC lot

20,000 SF mixed-use building with restaurant and office spaces.

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Main Street Mixed-Use Property
Main Street Mixed-Use Property

5 N Main St, Wharton, NJ 07885

$499,900
1,296 sqft 0.06 AC lot

Mixed-use property with storefront and residential unit on Main Street.

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Mixed-Use Property with Greenhouse
Mixed-Use Property with Greenhouse

211 Union Ave, Scotch Plains, NJ 07076

$1,200,000
0.29 AC lot

Two-story house with greenhouse, currently florist shop and two-family house.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Opportunity in Morristown
Prime Development Opportunity in Morristown

Morris Plains, NJ 07950

$899,900
5.25 AC lot

5.25-acre parcel near Route 10, ideal for development.

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Approved Land Parcel For Sale
Approved Land Parcel For Sale

206 Brookdale Avenue, Newark, NJ 07106

$1,400,000

Land parcel approved for 30 units, shovel ready.

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Mixed-Use Development Opportunity in East Orange
Mixed-Use Development Opportunity in East Orange

404 Central Avenue, East Orange, NJ 07018

$1,750,000
61,351 sqft 0.40 AC lot

0.4 acre site suitable for mixed-use development.

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Buildable Mixed-Use Development Lot
Buildable Mixed-Use Development Lot

510 SO Orange Ave, Newark, NJ 07103

$295,000
0.06 AC lot

Buildable lot with plans for a five-unit mixed-use building, ready to proceed once permits are issued.

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Off-Market Properties in Morristown, NJ

Consider similar Off-Market properties in Morristown, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

32 Mount Kemble Ave
Multifamily properties

32 Mount Kemble Ave, Morristown, NJ 07960

Value Estimation by Request
8,856 sqft 0.46 AC lot
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Morristown, NJ Mixed-Use Properties Market Trends and Statistics

Explore 3 mixed-use properties for sale in Morristown, NJ on our real estate platform. These investment opportunities span a total of 8,149 square feet of properties for sale, with an estimated market value of $3,700,000.

Sale prices for multi use buildings in Morristown, NJ start at $1,450,000, averaging $1,850,000, and reaching up to $2,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 47K
Population Growth (5Y) +2.8%
Median Household Income $149,462
College Educated 65.1%

High-Yield Neighborhoods for Investment

Identify Morristown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07960 $2.1M

Taxes & Financing

Tax Rate (average for all types) 2.17%
Property Tax per SF $13.37 per SF
Tax Rate vs County Average 0.35 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morris County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Morristown fall within the 100,000+ square foot range.

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