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    Morris Plains, NJ Residential Income Properties for Sale

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    Morristown, NJ Cedar Knolls, NJ Denville, NJ
    Versatile Mixed-Use Building in Parsippany
    $1,100,000
    4,537 SF
    Versatile Mixed-Use Building in Parsippany

    Morris Plains, NJ 7950

    Multi-unit building ideal for commercial or residential use.
    • Prime Parsippany location near Route 10.
    • Versatile commercial/residential multi‑use building.
    • Four units with separate entrances/exits (3 on the first floor, 1 on the second floor).
    • Ample parking with potential for expansion.
    • Located near a thriving residential area.
    Updated: Oct 7, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Morris Plains, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Morristown Two-Family Investment Opportunity
    $899,900
    2,304 SF
    Morristown Two-Family Investment Opportunity

    Well-maintained two-family property in Morristown with income potential.

    39 Atno Ave, Morristown, NJ 07960

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    Three-Unit Multi-Family Building
    $1,150,000
    0.17 Acres
    Three-Unit Multi-Family Building

    Freshly renovated three-family property with separate utilities, laundry hookups, and parking for 6+ vehicles.

    26 Abbett Ave, Morristown, NJ 07960

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    Three-Story Triplex with Updated Units
    $949,000
    0.11 Acres
    Three-Story Triplex with Updated Units

    Updated three-story triplex with separate utilities and multiple recent building and unit improvements.

    105-107 Berry St, Dover, NJ 07801

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    Dover Two-Family Residence
    $649,900
    Dover Two-Family Residence

    Two-family residence in Dover with income-generating potential.

    301 East McFarlan Street, Dover, NJ 7801

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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.

    Prime Development Opportunity in Morristown
    $899,900
    5.25 Acres
    Prime Development Opportunity in Morristown

    5.25-acre parcel near Route 10, ideal for development.

    Morris Plains, NJ 07950

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    Prime Development Opportunity in Parsippany
    $799,000
    5.25 Acres
    Prime Development Opportunity in Parsippany

    5.25-acre parcel for builders, investors, and developers.

    Morris Plains, NJ 07950

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    Residential Land in Denville Township
    $179,900
    6.70 Acres
    Residential Land in Denville Township

    6.7 acre residential land for sale in Denville Township.

    44 Shongum Rd, Denville, NJ 07834

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    Unimproved Land Parcels For Sale
    $925,000
    Unimproved Land Parcels For Sale

    Four land parcels with road frontage, easy access to roadways.

    1563 Sussex Tpke, Randolph, NJ 7869

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    Morris Plains, NJ Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Morris Plains, NJ on our real estate platform. These investment opportunities span a total of 4,537 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for residential income properties in Morris Plains, NJ start at $1,100,000, averaging $1,100,000, and reaching up to $1,100,000 — 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 1
    Multifamily properties 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +12.7%
    Median Household Income $148,469
    College Educated 96.6%

    High-Yield Neighborhoods for Investment

    Identify Morris Plains submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07950 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $29.75 per SF
    Tax Rate vs County Average 0.25 pp above 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 Morris Plains fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Morris Plains, NJ

    • 07950

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