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    Morristown, NJ
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    Morristown, NJ Multifamily Properties for Sale

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    Cedar Knolls, NJ Morris Plains, NJ Whippany, NJ Parsippany Troy Hills, NJ Chatham Twp, NJ Florham Park, NJ Madison, NJ Mendham, NJ
    Renovated 3-Unit Multifamily Property
    Updated: Jun 19
    Renovated 3-Unit Multifamily Property

    26 Abbett Ave, Morristown, NJ 07960

    $1,150,000
    0.17 AC lot
    Freshly renovated 3‑family with updated kitchens and renovated bathrooms across all units
    Brand‑new luxury vinyl plank flooring plus new carpeting in the units
    New HVAC with forced hot air and central air conditioning; Units A and B offer dual‑zone heating and cooling
    Most windows replaced with energy‑efficient vinyl windows; new vinyl siding on the exterior
    Separate gas and electric utilities, separate entrances, and individual laundry hookups for each unit
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    Multi-Family Home with Lake Access
    Updated: Apr 11
    Multi-Family Home with Lake Access

    1 Pocahontas St, Morristown, NJ 07960

    $780,000
    0.08 AC lot
    Multi‑family home with 4 bedrooms and 3 full baths
    Lake privileges with private access to Lake Pocahontas
    Central air conditioning; heating includes steam, forced air, and other heating
    Built in 1916 with a shingle roof
    Utilities include public water and public sewer
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    Reimagined Mixed-Use Luxury Property
    Reimagined Mixed-Use Luxury Property

    113 Washington St, Morristown, NJ 07960

    $2,250,000
    4,563 sqft 0.17 AC lot

    Mixed-use property in Downtown Morristown with high-end residential and commercial.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

    Renovated Two-Unit Residential Income
    Renovated Two-Unit Residential Income

    14 Locust St, Madison, NJ 07940

    $1,100,000
    0.24 AC lot

    Renovated two-family duplex with two apartments, washer/dryer in-unit, and a deep lot plus a full unfinished basement.

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    Historic Mixed-Use Office & Apartments
    Historic Mixed-Use Office & Apartments

    331 Main St, Chatham, NJ 07928

    $1,499,000
    3,667 sqft

    Downtown mixed-use building with office space, two apartments, and 22 on-site parking spaces.

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    Historic Chatham Borough Mixed-Use Property
    Historic Chatham Borough Mixed-Use Property

    368 Main St, Chatham, NJ 07928

    $925,000
    2,455 sqft

    Versatile building in downtown Chatham, zoned for office and residential.

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    Renovated Two-Family Duplex
    Renovated Two-Family Duplex

    14 Locust St, Madison, NJ 07940

    $1,100,000

    Turn-key renovated two-family setup with in-unit washer/dryer, offering flexible owner-occupant or rental income options.

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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 Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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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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    Land Near Camelback Resort
    Land Near Camelback Resort

    250 Big Hill Pass, Scotrun, PA 18355

    Contact for pricing
    0.18 AC lot

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

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    Vacant RV Community Lot
    Vacant RV Community Lot

    146 Rainbow Drive, Gouldsboro, PA 18424

    Contact for pricing

    Vacant lot in a lake-based RV vacation community, within walking distance to key recreation amenities.

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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
    View details

    Morristown, NJ Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Morristown, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,563 square feet of properties for sale, with an estimated market value of $2,250,000.

    Sale prices for multifamily properties in Morristown, NJ start at $2,250,000, averaging $2,250,000, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Duplexes 4
    Quadplexes 1
    Triplexes 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 $1.6M

    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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    Most Searched ZIP Codes in Morristown, NJ

    • 07960

    Featured Morristown Real Estate Agencies

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

    Your Town Realty
    5 Maple Ave Morristown, NJ 07960
    Phone: 19738655050
    www.yourtownhomesearch.com

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