ADDRESS
62 E Park Place
Morristown, NJ 07960
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Discover an extraordinary opportunity with this 4.3-acre (188,615 SF) gem, perfect for developers and investors! This expansive property offers the potential to build up to 80 units, making it an exceptional investment in a sought-after location. While the existing home, with its 12 rooms including 6 bedrooms and 5 full baths, requires some TLC to restore its former glory, the land itself holds immense value. Features include a large living room with a fireplace, a formal dining room, and a kitchen with a central island. Two master bedrooms each boast a full bath and an oversized Jacuzzi. The fully finished basement adds extra space for various needs. With lake access, this property presents a unique chance to create a stunning residential development or enhance the existing home. Sold as-is, this diamond in the rough awaits the right buyer to realize its full potential. Don't miss out on this incredible opportunity!
5 months ago | Listing updated with changes from the MLS® | |
5 months ago | Listing first seen on site |
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