4 Perry St Morristown, NJ 07960
For Sale
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This exceptional 3,500 square foot mixed-use property, located at 4 Perry Street in the heart of Morristown, NJ, presents a unique investment opportunity. Situated on a 0.13-acre lot, this building offers a versatile layout ideal for a variety of uses. The ground floor boasts three private offices, a reception area, waiting room, kitchenette, print and copy area, and a bathroom, perfect for professional office space. Upstairs, cozy apartments provide potential for rental income, allowing for live-in management or conversion into additional living space. The property's prime location offers easy access to the Morristown train station, public transportation, restaurants, and theaters, ensuring high visibility and convenience. Permitted uses are diverse, including general and professional offices, medical facilities, art galleries, childcare centers, and single-family or multi-family residential. This presents a flexible option for business owners or investors seeking a blend of commercial and residential income streams. Note that this property is attached to 2 Perry Street (separate ownership, also for sale), offering potential for expansion or a larger investment portfolio. Priced at $1,599,000, this property represents a rare chance to acquire a thriving mixed-use asset in a highly desirable location.
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Margaret Ospina, NP Physician
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Carly M. Ferrara, FNP Physician
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Dicenzo-Flynn Carla F MD Physician
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Kidney Nutrition Clinic LLC Medical Clinic
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Metanu Center Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ORC · Morristown, NJMorristown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.