ADDRESS
62 E Park Place
Morristown, NJ 07960
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$875,000
29 Days On Site
45 Parker AvePassaic City, NJ 07055
For Sale|Multi Family|Active
3
Beds
3
Total Baths
1
Full Bath
2
Partial Baths
2,000
SqFt
$438
/SqFt
1940
Built
County:
Passaic
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973-349-0459
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Turnkey Mixed-Use Property - Remodeled & Income-Producing. Don't miss this exceptional opportunity to own a fully remodeled and well-maintained mixed-use property featuring two units: one commercial and one residential. Located in a high-demand area with excellent access to major highways and less than 30 minutes from NYC, this property offers strong visibility and convenience for both residents and businesses. The building has been extensively upgraded throughout, with modern systems and finishes. All utilities are separately metered, and the commercial tenant contributes 50% toward property taxes and insurance, enhancing the cash flow. Enjoy proximity to public transportation, parks, retail, and houses of worship, making this an attractive asset for both investors and owner-occupants alike. Owner holds an active NJ real estate license.
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Listing Snapshot
Price
$875,000
Days On Site
29 Days
Bedrooms
3
Inside Area (SqFt)
2,000 sqft
Total Baths
3
Full Baths
1
Partial Baths
2
Lot Size
0.04 Acres
Year Built
1940
MLS® Number
3977595
Status
Active
Property Tax
$10,624
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
General Features
Acres
0.04
Number Of Stories
2
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
2000
Style
2-Two Story
Utilities
Cable AvailableNatural Gas Available
Water Source
Public
Interior Features
Appliances
Gas Water Heater
Basement
FullWalk-Out Access
Heating
Natural Gas
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Exterior Features
Construction Details
StoneVinyl Siding
Lot Features
Irregular Lot
Listing courtesy of KELLER WILLIAMS PARK VIEWS
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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