ADDRESS
62 E Park Place
Morristown, NJ 07960
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$1,400,000
32 Days On Site
203 207 E Blackwell St AbcDover Town, NJ 07801
For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
3,662
SqFt
$382
/SqFt
1900
Built
County:
Morris
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Prime Investment Opportunity " An exceptional investment opportunity awaits with two well-maintained properties in the heart of Dover's redevelopment zone. These properties offer strong rental income, future appreciation potential, and flexible usage options under C-1 zoning. Property Details: 203 E Blackwell Street " 3-Family Home Strong rental income " Unit 1: Vacant for sale (potential $1,800+ rent) Unit 2: $1,800/mo. Unit 3: $2,000/mo. Spacious 200' deep lot " offering potential for expansion or redevelopment. Well-maintained " newer roof, utilities, and windows. 207 " Single-Family Home - Currently rented for $3,200/month " immediate cash flow. Newer roof, windows, and utilities Fenced-in rear lot with permitted outdoor storage and a 2-car detached garage Investment Highlights: Buy together or separately " flexible purchase options Off-street parking & separate utilities " reducing operational costs Zoned C-1 " allowing for redevelopment, mixed-use, or continued rental growth. Major urban development underway across the street " ensuring future appreciation. Upscale rent escalation potential " maximizing long-term ROI. Why Invest Here? Immediate cash flow with existing rentals. Future development potential in a prime growth area. Stable, well-maintained assets for a secure investment. Don't miss this rare opportunity to discuss purchase options and investment strategies!
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Listing Snapshot
Price
$1,400,000
Days On Site
32 Days
Bedrooms
N/A
Inside Area (SqFt)
3,662 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.23 Acres
Year Built
1900
MLS® Number
3951879
Status
Active
Property Tax
$17,500
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 | Listing first seen on site |
General Features
Acres
0.23
Number Of Stories
3
Property Sub Type
Mixed Use
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
3662
Utilities
Cable AvailableNatural Gas Available
Water Source
Public
Zoning
C-1
Interior Features
Basement
Crawl SpaceFull
Cooling
Window Unit(s)
Flooring
LaminateTileWood
Heating
BaseboardElectricHeat PumpNatural GasZoned
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Exterior Features
Construction Details
Vinyl SidingWood Siding
Lot Features
LevelOpen Lot
Roof
Asphalt
Listing courtesy of RE/MAX SELECT 9738187100
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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