ADDRESS
62 E Park Place
Morristown, NJ 07960
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Prime Mixed-Use Property with Modern Renovations & High Rental Potential. This prime west-facing corner lot is a standout mixed-use property, seamlessly combining modern residential living with a reliable commercial lease in a sought-after location. The first floor features an income-generating retail space, currently occupied as a convenience store with five years remaining on the lease. Above, two fully gut-renovated residential units showcase high-end finishes, spacious layouts, gleaming hardwood floors, oversized windows, private porches, stackable washer/dryer hookups, and dedicated parking for each unit. The second-floor unit is a bright and elegant 2-bedroom, 1-bath layout spanning 966 square feet, offering an open-concept design and a stylish kitchen filled with natural light. The third-floor unit is a refined 1-bedroom, 1-bath retreat at 867 square feet, featuring an oversized kitchen and a spa-inspired bathroom. With strong rental potential, contemporary upgrades, and an ideal blend of commercial and residential use, this property is a compelling investment opportunity.
7 days ago | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen on site |
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