ADDRESS
62 E Park Place
Morristown, NJ 07960
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$1,199,000
50 Days On Site
36 Kinney StMadison Boro, NJ 07940
For Sale|Quadruplex|Pending
9
Beds
4
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1929
Built
County:
Morris
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973-349-0459
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Discover an exceptional investment opportunity in the heart of Madison! This well-maintained four-unit property offers a perfect blend of location, potential, and income generation. This property features four spacious units: three two-bedroom, one-bath units and one three-bedroom, one-bath unit. There is potential for value-added improvements to increase property value and rental income. It is fully rented, providing immediate cash flow. The property has a strong rental history with consistent occupancy rates. Off-street parking is available for tenants. Don't miss out on this fantastic investment opportunity in Madison!
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Listing Snapshot
Price
$1,199,000
Days On Site
50 Days
Bedrooms
9
Inside Area (SqFt)
N/A
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.37 Acres
Year Built
1929
MLS® Number
3948564
Status
Pending
Property Tax
$11,450
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Pending | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.37
Carport
8
Parking
Gravel
Parking Spaces
8
Property Sub Type
Quadruplex
Security
Smoke Detector(s)
Sewer
Public Sewer
Style
Fourplex
Utilities
Natural Gas Available
Water Source
Public
Interior Features
Appliances
Gas Water Heater
Basement
Unfinished
Cooling
Central Air
Heating
BaseboardNatural Gas
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Exterior Features
Construction Details
Vinyl Siding
Roof
Asphalt
Listing courtesy of RE/MAX SELECT 9732246144
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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