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    Morristown, NJ
    Multifamily

    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 Madison, NJ Florham Park, NJ Denville, NJ
    Renovated Triplex with Separate Utilities
    Updated: Jun 19
    Renovated Triplex with Separate Utilities

    26 Abbett Ave, Morristown, NJ 07960

    $1,150,000
    0.17 AC lot
    Three‑unit property on 0.17 acres in Morristown Town, NJ
    Updated kitchens, renovated bathrooms, LVP flooring, and new carpeting in all units
    Separate gas and electric utilities for each unit
    Units A and B feature dual‑zone heating and cooling
    Two driveways with parking for 6+ vehicles
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    Four-Bedroom Multi-Family Home
    Updated: Mar 30
    Four-Bedroom Multi-Family Home

    1 Pocahontas Street, Morristown, NJ 07960

    $780,000
    1,726 sqft
    4‑bedroom, 3 full‑bath multi‑family property
    Built in 1916
    Well‑maintained with spacious, bright living areas
    Private access to Lake Pocahontas
    Located minutes from downtown Morristown and NJ Transit, shopping, dining, parks, and major highways
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    Two-Family Duplex with Separate Utilities
    Two-Family Duplex with Separate Utilities

    8 Morton St, Morristown, NJ 07960

    $700,000

    Large two-family duplex with separate utilities and parking for 6+ vehicles.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Duplex with Garage
    Renovated Duplex with Garage

    20 Prospect St, Morristown, NJ 07960

    Contact for pricing

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

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    5-Unit Apartment Building
    5-Unit Apartment Building

    58-62 Market Street, Morristown, NJ 07960

    Contact for pricing

    Multifamily asset with a five-unit configuration in Morristown.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 5 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.

    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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    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    14 Locust St, Madison, NJ 07940

    $1,100,000
    0.24 AC lot

    Two residential units feature updated interiors, separate laundry, central air, and an oversized garage with loft storage.

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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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    Multifamily
    Multifamily

    213-215 Main Street, Madison, NJ 07940

    Contact for pricing

    Multifamily properties

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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

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

    Explore 6 multifamily properties for sale in Morristown, NJ, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 1,726 square feet of properties for sale, with an estimated market value of $2,630,000.

    Sale prices for multifamily properties in Morristown, NJ start at $700,000, averaging $876,666, and reaching up to $1,150,000 — 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 6
    Duplexes 5
    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 $876.7K

    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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    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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