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Property profile & analytics

14 Washington St Morristown, NJ 07960

  • Commercial real estate
  • 0.45 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-0421757
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Just For You Flowers & Gifts / (Bike/Boat/Book/etc) Store / Florist

Property Details for 14 Washington St

Construction
BRICK
Lot size
0.45 lot acres
Zone code
CBD
Property type
Commercial real estate
APN
24 05906-0000-00002
APU
2405906000000002

Description

This exceptional Class A commercial property, located at 14-24 Washington Street in Morristown, NJ, offers a unique blend of retail, office, and residential space within a beautifully restored historic building. Originally constructed approximately 100 years ago as four separate structures, Morristown Mews underwent a complete renovation in the mid-1990s, resulting in a cohesive and modern complex. The building boasts a total of 39,000 square feet across four stories. Currently, the ground floor houses established retail tenants, including a restaurant and a florist. The second floor provides 3,500 square feet of high-quality Class A office space, currently available for lease. The upper two floors are comprised of luxury apartments. This prime location offers unparalleled convenience, situated just half a block from both the Morris County Courthouse and the Morristown Green, ensuring high visibility and accessibility. The building's meticulous restoration preserved its historic charm while incorporating modern amenities and infrastructure, including updated electrical, plumbing, and HVAC systems. This presents a rare opportunity to secure space in a landmark Morristown building with a strong tenant base and exceptional location. Currently, 2,444 square feet of space is vacant, providing immediate occupancy potential. The property's mixed-use nature and central location make it an ideal investment for discerning businesses seeking a prestigious address in a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Morristown
County
Morris
State
New Jersey
Longitude
-74.4827
Latitude
40.7972
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$168,111
$1,300,000
$4,316,800
$5,616,800
-
$1,300,000
$4,316,800
$5,616,800
More about this property
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