ADDRESS
62 E Park Place
Morristown, NJ 07960
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This mixed-use property offers a storefront commercial space and three residential units, making it ideal for investors or owner-occupants. With 17 rooms, 6 bedrooms, and 5 full baths, it provides ample space and strong rental income potential. Level 1 includes a storefront used to be a hair salon (Unit 1), which needs repairs and is vacant, making it a great opportunity for a new business venture. Unit 2 (owner-occupied apartment) features 2 bedrooms and 1 bath. Level 2 consists of two rental units: Unit 3 (2 beds, 1 bath, $1,800/month) and Unit 4 (2 beds, 1 bath, $1,900/month). Level 3 offers open space with flexible potential. A full basement and off-street parking for two vehicles add convenience. With a prime location and steady income potential, this is a fantastic investment opportunity!
a month ago | Listing updated with changes from the MLS® | |
2 months ago | Status changed to Active | |
6 months ago | Listing first seen on site |
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