Residential Income

Morris Plains, NJ Residential Income Properties for Sale

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Morristown, NJ Parsippany Troy Hills, NJ Cedar Knolls, NJ Denville, NJ Whippany, NJ Randolph, NJ Mountain Lakes, NJ Rockaway, NJ
Top-Floor Residential Income Property
Updated: Aug 10
Top-Floor Residential Income Property

13 Whitney Ave Unit 402, Morris Plains, NJ 07950

$989,000
Fourth‑floor residence with 9‑foot ceilings and elevator access
Kitchen with granite counters, stainless steel appliances, pullout shelving, and island
Primary suite includes two walk‑in closets and an upgraded bath
Three bedrooms plus an office and laundry room
Attached one‑car garage and private balcony
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Duplex with Separate Utilities
Duplex with Separate Utilities

209 W Chrystal St Ab, Dover, NJ 07801

$699,000
0.51 AC lot

Legal two-family property with a garage, basement storage, and multiple outdoor spaces.

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Four-Bedroom Multi-Family Home
Four-Bedroom Multi-Family Home

1 Pocahontas Street, Morristown, NJ 07960

$780,000
1,726 sqft

Well-maintained four-bedroom, three full-bath multifamily property with private lake access.

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Two-Story Duplex with Basement
Two-Story Duplex with Basement

28 Mase Ave Ab, Dover, NJ 07801

$599,900
0.12 AC lot

Residential income property with a basement, shingle roofing, and public water and sewer service.

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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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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
Prime Development Opportunity in Morristown

Morris Plains, NJ 07950

$899,900

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

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Residential Land in Denville Township
Residential Land in Denville Township

44 Shongum Rd, Denville, NJ 07834

$229,000
6.70 AC lot

6.7 acre residential land for sale in Denville Township.

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Unimproved Land Parcels For Sale
Unimproved Land Parcels For Sale

1561 Sussex Tpke, Randolph, NJ 07869

$600,000

Three land parcels with road frontage and development potential.

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Unimproved Land Parcels For Sale
Unimproved Land Parcels For Sale

1561 Sussex Tpke, Randolph, NJ 07869

$925,000

Four land parcels with road frontage and development potential.

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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.

Sale prices for residential income properties in Morris Plains, NJ average $989,000 — 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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Demographics Overview

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

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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