ADDRESS
62 E Park Place
Morristown, NJ 07960
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Exceptional Two-Family Home with Income Potential! Tucked at the end of a quiet, dead-end street, this young two-family residence offers the perfect blend of comfort, space, and smart investment. The second-floor unit currently generates an impressive $22,800 annually, making this a golden opportunity for homeowners looking to offset their mortgage or investors seeking steady rental income. Each unit is thoughtfully designed with spacious living and dining areas, three well-sized bedrooms, and two full baths. The first-floor unit is further enhanced by a beautifully finished lower level with an additional full bath ideal for extended living or entertaining. With all utilities separately metered, managing the property is a breeze. Set on a generous 60 x 100 lot, the home also features a two-car garage and a stunning rear deck that invites outdoor relaxation and gatherings. This is more than just a home; it's a lifestyle and an investment rolled into one. Who's ready to own a standout two-family where the tenants help pay the way?
4 hours ago | Listing updated with changes from the MLS® | |
3 months ago | Status changed to Pending | |
4 months ago | Listing first seen on site |
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