117-119 Morris St, Morristown, NJ ? Mixed-Use Investment Opportunity Prime mixed-use investment property located in the heart of Morristown. This 3-unit building features 1 commercial space (restaurant) and 2 residential units above, consisting of one 1-bedroom and one 2-bedroom apartment. Positioned directly across from the train station, this property offers unmatched visibility and foot traffic. Neighboring a brand-new 7-Eleven and Wingstop, just minutes from multiple newly developed, high-value office buildings, the location continues to see strong growth and redevelopment. Morristown is widely recognized as one of the most desirable towns in Morris County, making this a highly attractive asset for both investors and tenants alike. Strong income potential with a mix of commercial and residential use in a rapidly developing area.
119 Morris St, Morristown Town NJ 07960-4106
Property City
Morristown Town
Property Price
$2,500,000
Year Built
1990
Tax Annual Amount
$11786
TaxYear (*text)
2023
Roof (*text)
Flat
Lot Size Area
0.04
MLS Status
Active
MLS #
4016420
Yearly Tax Rate
2.906
Year Built (*numeric)
1990
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Central Air, Window A/C(s)
GarageSpaces
0
Heating
Forced Hot Air, Radiators - Steam
Lot Size Dimensions
29X62
Data import from
GSMLS