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**Prime Investment Opportunity in the Heart of Morristown!** Bring your vision to 20 King Street, a unique three-family property featuring two separate buildings a two-family home in the front and a single-family home in the rear! Offering tremendous rental income potential, this property presents an exciting opportunity for investors, contractors, or buyers looking to maximize its value. In need of a complete renovation, both buildings offer the chance to transform this property into a fantastic income-producing investment. Ideally located just steps from the Morristown Train Station and a short stroll to vibrant downtown Morristown, where you'll find an incredible selection of restaurants, coffee shops, boutiques, shopping, and nightlife. Enjoy easy access to the Morristown Green, local parks, and all the dining and entertainment along South Street. With its unique layout, desirable location, and exceptional rental income potential, this is an opportunity you won't want to miss. Bring your imagination and unlock the possibilities!

7 Beds ⋅ 3 Baths

**Prime Investment Opportunity in the Heart of Morristown!** Bring your vision to 20 King Street, a unique three-family property featuring two separate buildings a two-family home in the front and a single-family home in the rear! Offering tremendous rental income potential, this property presents an exciting opportunity for investors, contractors, or buyers looking to maximize its value. In need of a complete renovation, both buildings offer the chance to transform this property into a fantastic income-producing investment. Ideally located just steps from the Morristown Train Station and a short stroll to vibrant downtown Morristown, where you'll find an incredible selection of restaurants, coffee shops, boutiques, shopping, and nightlife. Enjoy easy access to the Morristown Green, local parks, and all the dining and entertainment along South Street. With its unique layout, desirable location, and exceptional rental income potential, this is an opportunity you won't want to miss. Bring your imagination and unlock the possibilities!

20 King St, Morristown Town

Listing courtesy of Listing Agent: Jessica Lombardi () from Listing Office: Compass New Jersey, LLC-Montclair.

$645,000

**Prime Investment Opportunity in the Heart of Morristown!** Bring your vision to 20 King Street, a unique three-family property featuring two separate buildings a two-family home in the front and a single-family home in the rear! Offering tremendous rental income potential, this property presents an exciting opportunity for investors, contractors, or buyers looking to maximize its value. In need of a complete renovation, both buildings offer the chance to transform this property into a fantastic income-producing investment. Ideally located just steps from the Morristown Train Station and a short stroll to vibrant downtown Morristown, where you'll find an incredible selection of restaurants, coffee shops, boutiques, shopping, and nightlife. Enjoy easy access to the Morristown Green, local parks, and all the dining and entertainment along South Street. With its unique layout, desirable location, and exceptional rental income potential, this is an opportunity you won't want to miss. Bring your imagination and unlock the possibilities!

7 Beds ⋅ 3 Baths

**Prime Investment Opportunity in the Heart of Morristown!** Bring your vision to 20 King Street, a unique three-family property featuring two separate buildings a two-family home in the front and a single-family home in the rear! Offering tremendous rental income potential, this property presents an exciting opportunity for investors, contractors, or buyers looking to maximize its value. In need of a complete renovation, both buildings offer the chance to transform this property into a fantastic income-producing investment. Ideally located just steps from the Morristown Train Station and a short stroll to vibrant downtown Morristown, where you'll find an incredible selection of restaurants, coffee shops, boutiques, shopping, and nightlife. Enjoy easy access to the Morristown Green, local parks, and all the dining and entertainment along South Street. With its unique layout, desirable location, and exceptional rental income potential, this is an opportunity you won't want to miss. Bring your imagination and unlock the possibilities!

20 King St, Morristown Town

Listing Courtesy Of COMPASS NEW JERSEY LLC, Contact: 973-632-4535

$650,000

Investors special. 3 unit multifamily in the heart or Morristown! So close to Downtown Dining Theater Movies Shopping and Bus/Train. 4 Meters for Electric, 4 Meters for Gas for Stoves House needs total renovation. Cash or Renovation Loan

3 Beds ⋅ 3 Baths

Investors special. 3 unit multifamily in the heart or Morristown! So close to Downtown Dining Theater Movies Shopping and Bus/Train. 4 Meters for Electric, 4 Meters for Gas for Stoves House needs total renovation. Cash or Renovation Loan

53 Western Ave, Morristown Town

Listing Courtesy Of KELLER WILLIAMS METROPOLITAN, Contact: 973-539-1120

$1,600,000

FULLY LEASED 7.84% GROSS RENTAL YIELD AT $1.6M ASKING PRICE! Exceptional opportunity to acquire a 2026 foundation-up reconstructed legal two-family in walkable Morristown. Unlike the typical older multifamily property, this side-by-side duplex combines immediate income from two long-term leases with the quality and efficiency of modern construction; tenants pay their own gas and electric. One residence offers 5 bedrooms and 3.5 baths, the other 3 bedrooms and 3.5 baths, each including finished lower-level living space with a bedroom and full bath. Both enjoy private entrances, separate utilities, upper-level laundry, contemporary kitchens with quartz countertops and generous islands, hardwood flooring, and beautifully tiled bathrooms. Extensive reconstruction includes new structural components, electrical, plumbing, high-efficiency HVAC, ERV ventilation, and enhanced insulation. A detached garage and three separately accessed storage rooms add functionality. Set on approximately two-thirds of an acre, just moments from Morristown Green, NJ Transit, restaurants, shopping, and major employers. A compelling combination of established income, modern construction, and long-term investment potential. Sold subject to existing leases.

8 Beds ⋅ 6.2 Baths

FULLY LEASED 7.84% GROSS RENTAL YIELD AT $1.6M ASKING PRICE! Exceptional opportunity to acquire a 2026 foundation-up reconstructed legal two-family in walkable Morristown. Unlike the typical older multifamily property, this side-by-side duplex combines immediate income from two long-term leases with the quality and efficiency of modern construction; tenants pay their own gas and electric. One residence offers 5 bedrooms and 3.5 baths, the other 3 bedrooms and 3.5 baths, each including finished lower-level living space with a bedroom and full bath. Both enjoy private entrances, separate utilities, upper-level laundry, contemporary kitchens with quartz countertops and generous islands, hardwood flooring, and beautifully tiled bathrooms. Extensive reconstruction includes new structural components, electrical, plumbing, high-efficiency HVAC, ERV ventilation, and enhanced insulation. A detached garage and three separately accessed storage rooms add functionality. Set on approximately two-thirds of an acre, just moments from Morristown Green, NJ Transit, restaurants, shopping, and major employers. A compelling combination of established income, modern construction, and long-term investment potential. Sold subject to existing leases.

90 Chestnut St, Morristown Town

Listing Courtesy Of WEICHERT REALTORS, Contact: 201-898-4089

$950,000

Well Kept 4-Family In Desirable Morristown! Four-2 Bedroom - ! Bathroom Apartments! Large Rooms, Separate gas meters, & electric meters. Natural Gas, Great Investment! Must See! Only a Few Minutes To Train Station, Shopping, Restaurants & Pubs!..... Positive Cash Flow!! ....

8 Beds ⋅ 4 Baths

Well Kept 4-Family In Desirable Morristown! Four-2 Bedroom - ! Bathroom Apartments! Large Rooms, Separate gas meters, & electric meters. Natural Gas, Great Investment! Must See! Only a Few Minutes To Train Station, Shopping, Restaurants & Pubs!..... Positive Cash Flow!! ....

66 Abbett Ave, Morristown Town

Listing Courtesy Of REALTY EXECUTIVES EXCEPTIONAL, Contact: 973-903-5917

$825,000

Welcome to 16 Lincoln Street, a well-kept two-family home in the heart of Morristown. The home offers two separate units, each with 2 bedrooms, 1 full bath, and in-unit laundry, totaling 1,928 sq ft. Both units feature bright, sun-filled living spaces with attractive wood-look plank flooring. Unit 1 has a spacious eat-in kitchen with plenty of room for a full dining table, while Unit 2 offers a kitchen with stainless steel appliances, an open living and dining area, and its own private deck overlooking the yard. Outside, both units share a large, level backyard with a storage shed and a covered patio, ideal for relaxing, gardening, or entertaining. A shared one-car-width driveway provides off-street parking. Live in one unit and rent the other to help offset your mortgage, or keep both units for an extended household. Enjoy easy access to downtown Morristown's shops, restaurants, and parks, along with major commuter routes. The Morristown train station on NJ Transit's Morris & Essex Lines is about half a mile away. Don't miss this opportunity!

4 Beds ⋅ 2 Baths

Welcome to 16 Lincoln Street, a well-kept two-family home in the heart of Morristown. The home offers two separate units, each with 2 bedrooms, 1 full bath, and in-unit laundry, totaling 1,928 sq ft. Both units feature bright, sun-filled living spaces with attractive wood-look plank flooring. Unit 1 has a spacious eat-in kitchen with plenty of room for a full dining table, while Unit 2 offers a kitchen with stainless steel appliances, an open living and dining area, and its own private deck overlooking the yard. Outside, both units share a large, level backyard with a storage shed and a covered patio, ideal for relaxing, gardening, or entertaining. A shared one-car-width driveway provides off-street parking. Live in one unit and rent the other to help offset your mortgage, or keep both units for an extended household. Enjoy easy access to downtown Morristown's shops, restaurants, and parks, along with major commuter routes. The Morristown train station on NJ Transit's Morris & Essex Lines is about half a mile away. Don't miss this opportunity!

16 Lincoln St, Morristown Town

Listing Courtesy Of RE/MAX SELECT, Contact: 973-539-6300

$700,000

Welcome to this well-maintained multi-level home offering excellent income potential and versatile living space in a great location. The first floor offers 3 bedrooms and 1 full bath, the second floor features 4 bedrooms and 1 full bath, and the basement level includes an additional 2 bedrooms and 1 full bath, offering flexible use as extra living space, a home office, or den. Enjoy a spacious layout with abundant natural light throughout, a convenient driveway, and a location close to major roadways, shopping, dining, parks, and everyday amenities. Sold "As-Is." Schedule your private showing today!

9 Beds ⋅ 3 Baths

Welcome to this well-maintained multi-level home offering excellent income potential and versatile living space in a great location. The first floor offers 3 bedrooms and 1 full bath, the second floor features 4 bedrooms and 1 full bath, and the basement level includes an additional 2 bedrooms and 1 full bath, offering flexible use as extra living space, a home office, or den. Enjoy a spacious layout with abundant natural light throughout, a convenient driveway, and a location close to major roadways, shopping, dining, parks, and everyday amenities. Sold "As-Is." Schedule your private showing today!

30 Willow St, Morristown Town

Listing Courtesy Of REAL, Contact: 973-747-6547

$799,000

Well-maintained two-family home in a highly convenient location, offering excellent flexibility for both investors and owner-occupants. The property features two spacious units, a large lot, and a detached garage. Additional finished areas include a full walkout basement with a bonus room and a third-floor space that provides valuable extra storage or potential expansion options (where permitted). Each unit offers comfortable layouts with generous room sizes and good natural light. Close to shopping, schools, major highways, and public transportation. A strong opportunity to live in one unit and offset expenses with rental income, or to add a solid performer to an investment portfolio. "AS IS SOLD AS IS. Several updates made; freshly painted; roof approx. 8 years old; power washed and cleaned exterior sidingNew decking on front porch, repaintedInterior of both units repaintedNew lighting fixtures throughoutNew electrical outlets and switches throughoutNew smoke and carbon monoxide detectors - Happening this week or beginning of nextReplaced all traps and shut-off valves under all sinksNew door hardware in upper apartment

4 Beds ⋅ 3 Baths

Well-maintained two-family home in a highly convenient location, offering excellent flexibility for both investors and owner-occupants. The property features two spacious units, a large lot, and a detached garage. Additional finished areas include a full walkout basement with a bonus room and a third-floor space that provides valuable extra storage or potential expansion options (where permitted). Each unit offers comfortable layouts with generous room sizes and good natural light. Close to shopping, schools, major highways, and public transportation. A strong opportunity to live in one unit and offset expenses with rental income, or to add a solid performer to an investment portfolio. "AS IS SOLD AS IS. Several updates made; freshly painted; roof approx. 8 years old; power washed and cleaned exterior sidingNew decking on front porch, repaintedInterior of both units repaintedNew lighting fixtures throughoutNew electrical outlets and switches throughoutNew smoke and carbon monoxide detectors - Happening this week or beginning of nextReplaced all traps and shut-off valves under all sinksNew door hardware in upper apartment

11 Hazel St, Morristown Town

Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 732-887-8538

$1,200,000

A rare investment opportunity in the middle of Morristown that offers two homes on one lot with a five car garage in the rear. One home (#98)is a 3 bedroom single family and one home (#96) is a two family with one apartment on the upper floor and one apartment on the lower floor. Vinyl siding, Anderson windows and new electrical, plumbing and heating all 20 years ago. This property has been occupied by relatives of the owners for many years and therefore there is no rental leveling in place. The rents on these units can be whatever the market will bear. Highly desirable location in a section called "Little Dublin" that is steps away from shopping, Lidgerwood Park, restaurants; train and Bus to NYC

5 Beds ⋅ 4 Baths

A rare investment opportunity in the middle of Morristown that offers two homes on one lot with a five car garage in the rear. One home (#98)is a 3 bedroom single family and one home (#96) is a two family with one apartment on the upper floor and one apartment on the lower floor. Vinyl siding, Anderson windows and new electrical, plumbing and heating all 20 years ago. This property has been occupied by relatives of the owners for many years and therefore there is no rental leveling in place. The rents on these units can be whatever the market will bear. Highly desirable location in a section called "Little Dublin" that is steps away from shopping, Lidgerwood Park, restaurants; train and Bus to NYC

96 Macculloch Ave, Morristown Town

Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 973-420-4590

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