ADDRESS
62 E Park Place
Morristown, NJ 07960
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OVERSIZED LOT WITH RENOVATED 3-FAMILY! Cash flow while getting approvals an investor's dream.Sitting on a 75x100 lot, 89 King Street is a rare find in Nutley. This fully renovated three-family property offers New York City skyline views, making it a prime candidate for a finished rooftop. The layout includes a one-bedroom, one-bath unit in the rear first floor, a two-bedroom, one-bath unit in the front first floor, and a three-bedroom, one-bath unit upstairs. All units have new flooring, updated bathrooms, and new appliances, with one unit featuring upgraded countertops and sinks, and two units boasting fully renovated kitchens. There's also a full basement with a half bath, adding extra storage and utility.Beyond the property itself, Nutley is one of Essex County's most sought-after towns, known for its strong sense of community, great schools, and well-maintained parks. The location is unbeatable steps from shops and restaurants, with easy access to major highways and public transit for a smooth commute into NYC. Whether you're looking for a turnkey investment property or an opportunity to house hack by living in one unit while renting out the others, this is a chance to own a property with both immediate cash flow and long-term potential. Opportunities like this don't come around often.
2 weeks ago | Listing updated with changes from the MLS® | |
2 months ago | Listing first seen on site |
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