Advertise
    Morristown, NJ
    Residential Income

    Morristown, NJ Residential Income Properties for Sale

    Notify Me
    List
    Map
    Morris Plains, NJ Cedar Knolls, NJ Whippany, NJ Parsippany Troy Hills, NJ Madison, NJ Chatham Twp, NJ Florham Park, NJ Mendham, NJ
    10 properties
    Sort:
    Two-Unit Duplex with Private Deck
    Updated: Oct 1
    Two-Unit Duplex with Private Deck

    16 Lincoln St, Morristown, NJ 07960

    $825,000
    1,928 sqft 0.15 AC lot
    Two residences, each with 2 bedrooms, 1 full bath, and in‑unit laundry
    1,928 square feet; built in 1928
    0.15‑acre lot with a shared backyard, covered patio, and storage shed
    One residence has a private deck and kitchen with stainless steel appliances
    Shared one‑car‑width driveway provides off‑street parking
    View details
    Quadplex with Separate Utility Meters
    Updated: Oct 12
    Quadplex with Separate Utility Meters

    66 Abbett Ave, Morristown, NJ 07960

    $950,000
    0.13 AC lot
    Four apartments, each with 2 bedrooms
    Separate gas and electric meters
    0.13‑acre parcel
    Built in 1916
    Public water and public sewer
    View details
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    53 Western Ave, Morristown, NJ 07960

    $650,000
    0.18 AC lot

    The 0.18-acre property has public water and sewer service, with separate electric and gas meters for its units.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Two-Unit Duplex with Private Deck
    Two-Unit Duplex with Private Deck

    16 Lincoln St, Morristown, NJ 07960

    $825,000
    1,928 sqft

    Each residence has two bedrooms, a full bath, and in-unit laundry, with shared outdoor space and off-street parking.

    View details
    Two-Story Duplex with Basement
    Two-Story Duplex with Basement

    30 Willow St, Morristown, NJ 07960

    $700,000
    0.18 AC lot

    Nine-bedroom duplex with three full baths, driveway parking, and public water and sewer.

    View details
    Three-Story Side-by-Side Duplex
    Three-Story Side-by-Side Duplex

    90 Chestnut St, Morristown, NJ 07960

    $1,600,000
    3,527 sqft

    Central air and finished walk-out space complement the property's side-by-side configuration.

    View details
    Triplex Requiring Renovation
    Triplex Requiring Renovation

    53 Western Ave, Morristown, NJ 07960

    $650,000

    Four electric meters and four gas meters for stoves serve the property.

    View details
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    66 Abbett Ave, Morristown, NJ 07960

    $950,000

    Four two-bedroom apartments feature large rooms and natural gas service.

    View details
    Duplex with Detached Garage
    Duplex with Detached Garage

    11 Hazel St #1-2, Morristown, NJ 07960

    $805,000

    Two residential units are accompanied by a walkout lower level and additional upper-floor storage space.

    View details
    Nine-Bedroom Multifamily Property
    Nine-Bedroom Multifamily Property

    30 Willow St, Morristown, NJ 07960

    $700,000

    Three levels provide separate bedroom and bath groupings, with a driveway for off-street parking.

    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 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.

    6-Unit Apartment Building
    6-Unit Apartment Building

    50 Cook Ave, Madison, NJ 07940

    $2,750,000
    6,954 sqft

    Individual utility metering and separate heating equipment serve the apartments.

    View details
    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    Whippany, NJ 07981

    $389,000
    9,999 sqft

    The building combines ground-floor commercial space with two apartments and a walkout basement.

    View details
    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.

    View details
    Two-Unit Duplex With Garages
    Two-Unit Duplex With Garages

    55 Myrtle Ave, Madison, NJ 07940

    $865,000

    Two-level duplex with separate entrances, multiple garage improvements, and renovation needs for an as-is sale.

    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.

    View details
    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.

    View details
    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.

    View details
    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

    Morristown, NJ Residential Income Properties Market Trends and Statistics

    Explore 12 residential income properties for sale in Morristown, NJ, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 7,383 square feet of properties for sale, with an estimated market value of $8,655,000.

    Sale prices for residential investment properties in Morristown, NJ start at $650,000, averaging $865,500, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 14
    Duplexes 6
    Quadplexes 3
    Triplexes 2
    Apartment buildings 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 $700K

    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.

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Morristown, NJ

    Popular Categories

    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: (973) 539-6300
    Keller Williams Realty Metropolitan
    55 Madison Ave, Suite 120 Morristown, NJ 07960
    Phone: (973) 539-1120
    kwmetropolitan.yourkwoffice.com
    Why this one?
    Saved

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!