ADDRESS
62 E Park Place
Morristown, NJ 07960
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Legal 3-Family Home " A Rare Opportunity for Investors or Owner-Occupants! This versatile and spacious legal 3-family property offers immediate rental income and long-term upside potential. Ideal for both seasoned investors and buyers looking to live in one unit while collecting income from the others. Unit Breakdown: 1st Floor " Apt 01: 1-Bedroom Apartment with Living Room, Eat-in Kitchen, and Full Bath 1st Floor " Apt 02: 1-Bedroom Apartment with Living Room, Eat-in Kitchen, and Full Bath 2nd Floor " Apt 03: 2-Bedroom Apartment with Living Room, Eat-in Kitchen, and Full Bath Exclusive Driveway fits 4+ cars, plus a private backyard perfect for relaxing or entertaining. Endless Potential: Whether you're an owner-occupant looking to renovate one of the units to your taste while collecting steady rental income from the others, or an investor seeking a fully occupied income-generating asset, this property delivers. Bonus: A large unfinished basement offers major potential to expand or add additional living/recreational space (verify with township for possibilities). Conveniently located near shopping, schools, transportation, and more this is an opportunity you don't want to miss! Property sold as-is, condition, no known defects.
a month ago | Status changed to Pending | |
a month ago | Listing updated with changes from the MLS® | |
3 months ago | Listing first seen on site |
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