ADDRESS
62 E Park Place
Morristown, NJ 07960
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Beautifully remodeled multi-family home in the desirable community of Bridgewater. This property has been thoughtfully renovated and updated throughout, showcasing both charm and modern comfort. Enjoy peace of mind with new major upgrades including a brand-new boiler, new water heater, upgraded 200A electric panel (2024) and new roof (2023). Move in ready! The first-floor unit hosts 2 bedrooms and 1.5 baths with potential market rent rate of $2,800. Includes bonus room - previously generating $1,100/month in rental income before renovation. The second-floor unit, 1 bedroom 1 bath, meticulously maintained, previously rented for $1,950/month. Long driveway with additional 3 parking spaces; one rented generating income. This well-maintained home perfectly blends investment potential with comfortable living. Prime location close to major highways RT 22, 28, 287, top-rated schools, shopping, public transit yet tucked away in a serene residential neighborhood. Don't miss out on this unique opportunity!
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Status changed to Pending | |
2 months ago | Listing first seen on site |
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