ADDRESS
62 E Park Place
Morristown, NJ 07960
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$899,999
49 Days On Site
568 Grove StIrvington Twp., NJ 07111
For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,216
SqFt
$213
/SqFt
1930
Built
County:
Essex
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Prime Mixed-Use Investment Opportunity Live, Work, and Profit! Welcome to your next turnkey investment in the heart of opportunity! This exceptional mixed-use property offers the ideal setup for savvy buy-and-hold investors and ambitious house hackers alike. Whether you're building your portfolio or looking to live in one unit while the rest pays your mortgage, this property checks all the boxes. Property Highlights:(3) Oversized 2 Bed / 1 Bath Apartments " Spacious layouts, modern finishes, and brand-new appliances throughout. Ideal for long-term tenants or premium short-term rentals.Fully Finished Basement " Expand your potential with bonus space for storage, office use, or tenant amenities.(2) Ground-Level Storefronts " Perfect for retail, office, or service businesses. Generate immediate commercial income or bring your own business vision to life.2-Car Garage + Ample Storage Areas " A rare find in mixed-use setups; adds tenant value and flexibility. Major Upgrades Completed " Including new mechanicals, new roof, and updated systems, giving peace of mind and minimizing capital expenses.Investor Dream " 8% Cap Rate! Perfect for Event Venue, Smoke Shop, Salon, Bodega, Barbershop , Non Profit Organization, Family Business etc... Book a tour in the meantime & you will be pleasantly surprised.
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Listing Snapshot
Price
$899,999
Days On Site
49 Days
Bedrooms
N/A
Inside Area (SqFt)
4,216 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.09 Acres
Year Built
1930
MLS® Number
3973358
Status
Active
Property Tax
$4,647
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Price changed to $899,999 | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.09
Number Of Stories
2
Parking
On Street
Property Sub Type
Mixed Use
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
4216
Utilities
Natural Gas Available
Water Source
Public
Zoning
com
Interior Features
Basement
FinishedFullWalk-Out Access
Flooring
Tile
Heating
Natural Gas
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Exterior Features
Construction Details
Vinyl Siding
Lot Features
Corner Lot
Roof
Asphalt
Listing courtesy of EXP REALTY, LLC
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
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