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    Morristown, NJ
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    Morristown, NJ Residential Income Properties for Sale

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    Renovated 3-Unit Multifamily Property
    Updated: Jun 19
    Renovated 3-Unit Multifamily Property

    26 Abbett Ave, Morristown, NJ 07960

    $1,150,000
    0.17 AC lot
    Freshly renovated 3‑family with updated kitchens and renovated bathrooms across all units
    Brand‑new luxury vinyl plank flooring plus new carpeting in the units
    New HVAC with forced hot air and central air conditioning; Units A and B offer dual‑zone heating and cooling
    Most windows replaced with energy‑efficient vinyl windows; new vinyl siding on the exterior
    Separate gas and electric utilities, separate entrances, and individual laundry hookups for each unit
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    Multi-Family Home with Lake Access
    Updated: Apr 11
    Multi-Family Home with Lake Access

    1 Pocahontas St, Morristown, NJ 07960

    $780,000
    0.08 AC lot
    Multi‑family home with 4 bedrooms and 3 full baths
    Lake privileges with private access to Lake Pocahontas
    Central air conditioning; heating includes steam, forced air, and other heating
    Built in 1916 with a shingle roof
    Utilities include public water and public sewer
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    Mixed-Use Live-Work Duplex
    Mixed-Use Live-Work Duplex

    101 Washington St, Morristown, NJ 07960

    $1,100,000
    2,200 sqft

    Well-maintained two-level mixed-use duplex with separate heating/hot water, private laundry, and off-street parking.

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    Reimagined Mixed-Use Luxury Property
    Reimagined Mixed-Use Luxury Property

    113 Washington St, Morristown, NJ 07960

    $2,250,000
    4,563 sqft 0.17 AC lot

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

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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-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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    Two-Family Duplex with Walk-Up Attic
    Two-Family Duplex with Walk-Up Attic

    17 Logan Pl, Morristown, NJ 07960

    $625,000

    Spacious two-family home with separate utilities, high ceilings, and a walk-up attic; one unit is newly carpeted and the other month-to-month.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 7 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.

    Historic Mixed-Use Office & Apartments
    Historic Mixed-Use Office & Apartments

    331 Main St, Chatham, NJ 07928

    $1,499,000
    3,667 sqft

    Downtown mixed-use building with office space, two apartments, and 22 on-site parking spaces.

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    Renovated Two-Unit Residential Income
    Renovated Two-Unit Residential Income

    14 Locust St, Madison, NJ 07940

    $1,100,000
    0.24 AC lot

    Renovated two-family duplex with two apartments, washer/dryer in-unit, and a deep lot plus a full unfinished basement.

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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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    Renovated Two-Family Duplex
    Renovated Two-Family Duplex

    14 Locust St, Madison, NJ 07940

    $1,100,000

    Turn-key renovated two-family setup with in-unit washer/dryer, offering flexible owner-occupant or rental income options.

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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 AC lot

    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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    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.

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    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

    Value Estimation by Request
    8,856 sqft 0.46 AC lot
    View details
    25 Market St
    Land

    25 Market St, Morristown, NJ 07960

    Value Estimation by Request
    0.30 AC lot
    View details

    Morristown, NJ Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Morristown, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 8,489 square feet of properties for sale, with an estimated market value of $7,385,000.

    Sale prices for residential income properties in Morristown, NJ start at $625,000, averaging $1,055,000, and reaching up to $2,250,000 — 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 19
    Duplexes 7
    Apartment buildings 5
    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 $1.8M

    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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    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.

    Your Town Realty
    5 Maple Ave Morristown, NJ 07960
    Phone: 19738655050
    www.yourtownhomesearch.com

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