ADDRESS
62 E Park Place
Morristown, NJ 07960
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$750,000
137 Days On Site
50 5Th StElizabeth City, NJ 07206
For Sale|Business|Active
0
Beds
0
Total Baths
County:
Union
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Exceptional mixed-use property offering incredible rental income potential. The ground floor features a high-visibility storefront, ideal for retail or office use, while the upper levels include fully updated residential apartments with strong tenant appeal. A bonus unit adds even more flexibility use it as an additional income stream, in-law suite, or home office. All units are well-maintained and tenant-ready, making this a turnkey investment opportunity. Whether you're building your portfolio or seeking a live/work setup, this property generates consistent cash flow in a prime location close to major transportation, shopping, and commuter routes. A smart, income-producing asset with long-term upside.
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Listing Snapshot
Price
$750,000
Days On Site
137 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.06 Acres
Year Built
N/A
MLS® Number
3956476
Status
Active
Property Tax
$8,194
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 months ago | Listing updated with changes from the MLS® | |
| 5 months ago | Listing first seen on site |
General Features
Acres
0.06
Number Of Stories
1
Property Sub Type
Business
Sewer
Public Sewer
Utilities
Underground Utilities
Water Source
Public
Zoning
R-3A
Interior Features
Basement
Full
Cooling
Window Unit(s)
Heating
BaseboardNatural Gas
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Exterior Features
Construction Details
Aluminum SidingBrick
Roof
Asphalt
Listing courtesy of KELLER WILLIAMS METROPOLITAN
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
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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