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    Three-Unit Multifamily with Modern Upgrades
    Updated: Jun 19
    Three-Unit Multifamily with Modern Upgrades

    26 Abbett Ave, Morristown, NJ 07960

    $1,150,000
    0.17 AC lot
    Freshly renovated three‑unit property with updated kitchens and renovated bathrooms
    Brand‑new luxury vinyl plank flooring plus new carpeting in each unit
    New exterior vinyl siding and energy‑efficient vinyl window replacements
    New HVAC systems with forced hot air and central air conditioning; Units A and B have dual‑zone HVAC
    Separate gas and electric utilities, separate entrances, and individual laundry hookups for all units
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Updated Three-Family Home
    Updated Three-Family Home

    105 Berry Street, Dover, NJ 07801

    $949,000
    1,300 sqft

    Legal three-family home with separate utilities and month-to-month rents, featuring extensive updates including furnaces and remodeled units.

    View details
    Updated Three-Family Triplex
    Updated Three-Family Triplex

    105-107 Berry St, Dover, NJ 07801

    $949,000
    0.11 AC lot

    Legal three-family triplex with separate utilities and recent updates including new furnaces, electric meters, roof, and interior finishes.

    View details
    Fully Renovated Residential Triplex
    Fully Renovated Residential Triplex

    562 Tremont Avenue, Orange, NJ 07050

    $789,000

    Turnkey triplex with two 2-bedroom units and a finished attic studio, plus updates throughout and off-street parking.

    View details
    Well-Maintained Three-Family Home
    Well-Maintained Three-Family Home

    488 Heywood Ave, City Of, Orange, NJ 07050

    $599,000
    0.21 AC lot

    Three-family home with strong rental potential on oversized corner lot.

    View details

    Morristown, NJ Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Morristown, NJ on our real estate platform.

    Sale prices for three-family homes in Morristown, NJ average $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

    Apartment buildings 7
    Duplexes 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 $1.2M

    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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