Morris Plains, NJ
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    Morris Plains, NJ Residential Income Properties for Sale

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    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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    Dover Town Multi-Family Investment
    $650,000
    0.17 Acres

    Dover Town Multi-Family Investment

    Multi-family property in Dover Town, NJ, great investment opportunity.

    42 1St St Ab, Dover, NJ 07801
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    Reimagined Mixed-Use Luxury Property
    $2,250,000
    4,563 SF

    Reimagined Mixed-Use Luxury Property

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

    113 Washington St, Morristown, NJ 7960
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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.

    Scenic Lake View Land Opportunity
    $250,000
    0.90 Acres

    Scenic Lake View Land Opportunity

    Two lots to build your dream home with lake views.

    Montville, NJ 07045
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    Chatham Township Land Opportunity
    $2,300,000
    5.44 Acres

    Chatham Township Land Opportunity

    7 acre parcel ideal for small farm or subdivision.

    685 Shunpike Rd, Chatham Twp, NJ 07935
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    Bernardsville Boro Land Opportunity
    $1,100,000
    6.06 Acres

    Bernardsville Boro Land Opportunity

    6.06 acre residential land in scenic Bernardsville mountain location.

    3 Preserve Ln, Bernardsville, NJ 07924
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    Residential Land in Montville Township
    $349,000
    0.81 Acres

    Residential Land in Montville Township

    Land for building a home near NYC and Towaco Train.

    Towaco, NJ 07082
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    Morris Plains, NJ Residential Income Properties Investment Opportunities Market Analysis

    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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    Operating Costs & Financing

    Morris Plains property taxes are above the county average by 0.25 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $29.75 per sq ft
    Tax Rate 2.77%
    Tax Rate vs County Average 0.25 pp above county avg
    Avg Loan-to-Value 65.0%

    Property Size Breakdown

    Most commercial real estate listings in Morris Plains range 100,000+ sqft.

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Morris Plains.

    Leading Commercial Asset Segments

    Duplexes 1
    Multifamily properties 1

    Morris Plains Demographics Overview

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

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