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    Morristown, NJ
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    Morristown, NJ Multifamily Properties for Sale

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    Morris Plains, NJ Cedar Knolls, NJ Whippany, NJ Madison, NJ Parsippany Troy Hills, NJ Chatham Twp, NJ Florham Park, NJ Mendham, NJ
    Two-Unit Duplex with Private Deck
    Updated: Oct 1
    Two-Unit Duplex with Private Deck

    16 Lincoln St, Morristown, NJ 07960

    $825,000
    1,928 sqft 0.15 AC lot
    Two residences, each with 2 bedrooms, 1 full bath, and in‑unit laundry
    1,928 square feet; built in 1928
    0.15‑acre lot with a shared backyard, covered patio, and storage shed
    One residence has a private deck and kitchen with stainless steel appliances
    Shared one‑car‑width driveway provides off‑street parking
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    Four-Unit Residential Income Property
    Updated: Oct 12
    Four-Unit Residential Income Property

    66 Abbett Ave, Morristown, NJ 07960

    $950,000
    0.13 AC lot
    Four apartments, each with two bedrooms
    Two‑story building constructed in 1916
    0.13‑acre parcel
    Public water and public sewer
    Cable available
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    Two-Story Duplex with Basement
    Two-Story Duplex with Basement

    30 Willow St, Morristown, NJ 07960

    $700,000
    0.18 AC lot

    Nine-bedroom duplex with three full baths, driveway parking, and public water and sewer.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    66 Abbett Ave, Morristown, NJ 07960

    $950,000

    Four two-bedroom apartments feature large rooms and natural gas service.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 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 2 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.

    6-Unit Apartment Building
    6-Unit Apartment Building

    50 Cook Ave, Madison, NJ 07940

    $2,750,000
    6,954 sqft

    Individual utility metering and separate heating equipment serve the apartments.

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    Two-Unit Duplex with Hardwood Floors
    Two-Unit Duplex with Hardwood Floors

    15 Brook St, Rockaway, NJ 07866

    $599,900
    0.11 AC lot

    Separate gas and electric utilities support the two residential units, with updated tankless water heating.

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    Multifamily Property with Two Homes
    Multifamily Property with Two Homes

    163 W Main St, Rockaway, NJ 07866

    $749,000

    Two residential structures are complemented by a three-car garage and off-street parking.

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    Two-Unit Duplex With Garages
    Two-Unit Duplex With Garages

    55 Myrtle Ave, Madison, NJ 07940

    $865,000

    Two-level duplex with separate entrances, multiple garage improvements, and renovation needs for an as-is sale.

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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.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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    Flatbush Development Property For Sale
    Flatbush Development Property For Sale

    14 E 32nd Street lot: 13, Brooklyn, NY 11226

    $1,249,000
    1,407 sqft 0.09 AC lot

    40 x 100 lot with R6, C1-2 zoning.

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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

    Estimated value: by Request
    8,856 sqft 0.46 AC lot
    View details

    Morristown, NJ Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Morristown, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,928 square feet of properties for sale, with an estimated market value of $3,425,000.

    Sale prices for multifamily properties in Morristown, NJ start at $700,000, averaging $856,250, and reaching up to $950,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Quadplexes 3
    Apartment buildings 1

    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 $700K

    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.

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Morristown, NJ

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    Most Searched ZIP Codes in Morristown, NJ

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    Featured Morristown Real Estate Agencies

    Realmo connects you with licensed Morristown CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX SELECT
    One Madison Ave - East Bldg. Morristown, NJ 07960
    Phone: 19735396300
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