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    Morristown, NJ Residential Income Properties for Sale

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    Newark, NJ Paterson, NJ Trenton, NJ
    Morristown Two-Family Investment Opportunity
    $899,900
    2,304 SF

    Morristown Two-Family Investment Opportunity

    39 Atno Ave, Morristown, NJ 07960

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

    • Two‑family property ideal for owner‑occupancy with rental income potential.
    • Conveniently located near downtown Morristown, shopping, dining, parks, and major transportation.
    • Spacious layout with generously sized bedrooms and functional kitchens in each unit.
    • Additional finished space provides flexible usage options.
    • Private driveway with off‑street parking.
    Updated: Apr 7
    View details
    Morristown Mixed-Use Investment Opportunity
    $2,500,000
    3,000 SF

    Morristown Mixed-Use Investment Opportunity

    119 Morris St, Morristown, NJ 07960

    Prime mixed-use property in the heart of Morristown.

    • Prime location directly across from the train station in Morristown, NJ, offering unmatched visibility and foot traffic.
    • Mixed‑use building with 1 commercial space (restaurant) and 2 residential units (1‑bedroom and 2‑bedroom apartments) providing diverse income streams.
    • Located in a rapidly developing area near new high‑value office buildings, 7‑Eleven, and Wingstop, indicating strong growth potential.
    • Strong income potential from both commercial and residential tenants in a highly desirable town.
    • Relatively new construction, built in 1990, suggesting modern standards.
    Updated: Mar 24
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    Morristown Multi-Family Near Train Station
    $950,000
    0.10 Acres

    Morristown Multi-Family Near Train Station

    Three-unit property near Morristown Train Station with rental income.

    11 King St, Morristown, NJ 07960
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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
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Multifamily Home in Summit
    $1,775,000
    0.31 Acres

    Four-Unit Multifamily Home in Summit

    Sun-filled, well-maintained four-unit multifamily home in the heart of Summit.

    23 EUCLID AVENUE, Summit, NJ 07901
    View details
    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
    View details
    Mixed-Use Property in Dover Town
    $2,499,000
    16,375 SF

    Mixed-Use Property in Dover Town

    Mixed-use property featuring retail, apartments, and place of worship.

    32 W Blackwell St, Dover, NJ 07801
    View details
    Luxury Downtown Summit Townhome
    $1,025,000
    1,900 SF

    Luxury Downtown Summit Townhome

    Refined townhome near NYC train, restaurants, shops, and schools.

    82 Franklin Pl 9, Summit, NJ 7901
    View details

    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.

    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
    View details
    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
    View details
    Scenic Bernardsville Mountain Lot
    $1,100,000
    10.03 Acres

    Scenic Bernardsville Mountain Lot

    Residential land for sale in Bernardsville Boro, New Jersey.

    3 Rose Hill, Bernardsville, NJ 07924
    View details
    Bernardsville Mountain 10-Acre Estate Lot
    $1,395,000
    10.01 Acres

    Bernardsville Mountain 10-Acre Estate Lot

    Exceptional 10-acre lot on Bernardsville Mountain.

    20 Dryden Rd, Bernardsville, NJ 07924
    View details

    Explore Off-Market Properties in Morristown, NJ

    Consider similar Off-Market properties in Morristown, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    32 Mount Kemble Ave

    32 Mount Kemble Ave

    Multifamily properties • 8,856 SF
    Value Estimation by Request
    32 Mount Kemble Ave, Morristown, NJ 07960
    View details
    25 Market St

    25 Market St

    Land • 0.30 Acres
    Value Estimation by Request
    25 Market St, Morristown, NJ 07960
    View details

    Morristown, NJ Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income properties for sale in Morristown, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,867 square feet of properties for sale, with an estimated market value of $5,649,900.

    Sale prices for residential income properties in Morristown, NJ start at $899,900, averaging $1,883,300, and reaching up to $2,500,000 — 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

    Morristown property taxes are below the county average by 0.35 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $13.37 per sq ft
    Tax Rate 2.17%
    Tax Rate vs County Average 0.35 pp below county avg
    Avg Loan-to-Value 65.0%

    Property Size Breakdown

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

    New Listings Trend, 12 Mo

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

    Leading Commercial Asset Segments

    Multifamily properties 11
    Apartment buildings 3
    Duplexes 3
    Quadplexes 1
    Triplexes 1

    Morristown Demographics Overview

    Population 46K
    Population Growth (5Y) +2.8%
    Median Household Income $149,462
    College Educated 97.4%

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