Morristown, NJ
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    Morristown, NJ Restaurants for Sale

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    Cedar Knolls, NJ Morris Plains, NJ Whippany, NJ
    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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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Highly Visible Commercial Building
    $749,900
    1,614 SF

    Highly Visible Commercial Building

    Freestanding commercial building in a desirable business corridor.

    383 E Main St, Denville, NJ 07834
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    Turn-Key Restaurant in Downtown
    $998,000

    Turn-Key Restaurant in Downtown

    Korean BBQ restaurant for sale in Morris Plains.

    650 SPEEDWELL AVE, Morris Plains, NJ 7950
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    Turn-Key Korean BBQ Restaurant
    $895,000

    Turn-Key Korean BBQ Restaurant

    Freestanding restaurant with smokeless BBQ grill system and parking.

    650 Speedwell, Morris Plains, NJ 7950
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    Updated Mixed-Use Building For Sale
    $730,000
    0.27 Acres

    Updated Mixed-Use Building For Sale

    Mixed-use building with restaurant and renovated apartment near NYC transportation.

    4 Station Rd, Denville, NJ 7834
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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.

    Land on Route 46
    $449,000
    0.24 Acres

    Land on Route 46

    Commercial land available in Montville Twp. on Route 46.

    Pine Brook, NJ 07058
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    Roseland Commercial Corner Lot
    $500,000
    2,021 SF

    Roseland Commercial Corner Lot

    Corner lot in Roseland with B1 zoning and parking.

    194 Eagle Rock Ave, Roseland, NJ 07068
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    Land in Roseland Boro
    $400,000
    0.25 Acres

    Land in Roseland Boro

    Land for sale in the center of Roseland, New Jersey.

    192 Eagle Rock Ave, Roseland, NJ 07068
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    Cleared Commercial Land, Piscataway, NJ
    Contact for pricing
    48,098 SF

    Cleared Commercial Land, Piscataway, NJ

    1.1 acres of cleared land zoned for general business.

    1034 Stelton Road, Piscataway, NJ 08854
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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.

    10 Dehart St
    RESTAURANT
    3,744 SF Lot: 0.22 Acres
    Estimated value
    $615,000

    10 Dehart St, Morristown, NJ 07960-8211

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    41 Morris St
    BAR, TAVERN
    5,648 SF Lot: 0.10 Acres
    Value Estimation by Request

    41 Morris St, Morristown, NJ 07960-3919

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    239 Martin Luther King Ave
    RESTAURANT
    2,012 SF Lot: 0.17 Acres
    Value Estimation by Request

    239 Martin Luther King Ave, Morristown, NJ 07960-4042

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    000 Owner
    Restaurants
    1,287 SF
    Value Estimation by Request

    000 Owner, Morristown, NJ 07960

    View details

    Morristown, NJ Restaurants Investment Opportunities Market Analysis

    Explore 5 restaurants for sale in Morristown, NJ on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for restaurant properties in Morristown, NJ start at $2,500,000, averaging $2,500,000, 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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    Top Commercial Asset Segments

    Conventional restaurants 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 median listing prices of real estate assets

    Neighborhood Average Price
    07960 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $13.37 per sq ft
    Tax Rate vs County Average 0.35 pp below county avg
    Average Loan-to-Value 65.0%

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