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    Morristown, NJ
    Residential Income

    Morristown, NJ Residential Income Properties for Sale

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    Cedar Knolls, NJ Whippany, NJ Morris Plains, NJ Parsippany Troy Hills, NJ Chatham Twp, NJ Madison, NJ Florham Park, NJ Denville, NJ
    Two-Story Duplex with Basement
    Updated: Sep 8
    Two-Story Duplex with Basement

    30 Willow St, Morristown, NJ 07960

    $700,000
    0.18 AC lot
    Duplex with 9 bedrooms and 3 full bathrooms
    Three‑level layout with 3 bedrooms on the first floor, 4 on the second, and 2 in the basement
    0.18‑acre lot with driveway
    Built in 1986
    Public water and public sewer
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    Renovated Triplex with Separate Utilities
    Updated: Jun 19
    Renovated Triplex with Separate Utilities

    26 Abbett Ave, Morristown, NJ 07960

    $1,150,000
    0.17 AC lot
    Three‑unit property on 0.17 acres in Morristown Town, NJ
    Updated kitchens, renovated bathrooms, LVP flooring, and new carpeting in all units
    Separate gas and electric utilities for each unit
    Units A and B feature dual‑zone heating and cooling
    Two driveways with parking for 6+ vehicles
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    See what stands out in Morris County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 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.

    Opportunities in Nearby Cities

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

    Duplex with Two-Unit Layout
    Duplex with Two-Unit Layout

    26 Hillside Ave, Chatham, NJ 07928

    $950,000
    0.17 AC lot

    Two residential units include a vacant lower-level apartment, upper living space, basement storage, and substantial off-street parking.

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    Historic Chatham Borough Mixed-Use Property
    Historic Chatham Borough Mixed-Use Property

    368 Main St, Chatham, NJ 07928

    $925,000
    2,455 sqft

    Versatile building in downtown Chatham, zoned for office and residential.

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    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    Whippany, NJ 07981

    $389,000

    Commercial frontage supports a storefront, while two upper-level apartments add residential flexibility.

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    Mixed-Use Storefront Property
    Mixed-Use Storefront Property

    Whippany, NJ 07981

    $389,000

    Ground-level commercial space with two apartments, separate utilities, and a walkout basement requiring rehabilitation.

    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.

    Commercial Development Parcel
    Commercial Development Parcel

    Morris Plains, NJ 07950

    $899,900

    Deep commercial parcel with front-area wetlands and multiple development concepts subject to approvals.

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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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    Bernardsville Boro Land Opportunity
    Bernardsville Boro Land Opportunity

    3 Preserve Ln, Bernardsville, NJ 07924

    $1,100,000
    6.06 AC lot

    6.06 acre residential land in scenic Bernardsville mountain location.

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    Scenic Bernardsville Mountain Lot
    Scenic Bernardsville Mountain Lot

    3 Rose Hill, Bernardsville, NJ 07924

    $1,100,000
    10.03 AC lot

    Residential land for sale in Bernardsville Boro, New Jersey.

    View details

    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
    Multifamily properties

    32 Mount Kemble Ave, Morristown, NJ 07960

    Estimated value:
    by Request
    8,856 sqft 0.46 AC lot
    View details
    25 Market St
    Land

    25 Market St, Morristown, NJ 07960

    Estimated value:
    by Request
    0.30 AC lot
    View details

    Morristown, NJ Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Morristown, NJ on our real estate platform.

    Sale prices for residential income properties in Morristown, NJ start at $700,000, averaging $925,000, and reaching up to $1,150,000 — 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

    Multifamily properties 9
    Duplexes 3
    Apartment buildings 2
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 47K
    Population Growth (5Y) +2.8%
    Median Household Income $149,462
    College Educated 65.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    07960 $876.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $13.37 per SF
    Tax Rate vs County Average 0.35 pp below 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 Morristown fall within the 100,000+ square foot range.

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    Popular Searches in Morristown, NJ

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    Most Searched ZIP Codes in Morristown, NJ

    • 07960

    Featured Morristown Real Estate Agencies

    Realmo connects you with licensed Morristown CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX SELECT
    One Madison Ave - East Bldg. Morristown, NJ 07960
    Phone: 19735396300

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