ADDRESS
62 E Park Place
Morristown, NJ 07960
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Prime investment opportunity in the heart of Belleville! This solid brick 9-unit mixed-use property sits on a prominent corner lot in the center of downtown, steps from City Hall, restaurants, grocery stores, places of worship, hospitals, and schools. The building features 6 spacious two-bedroom, one-bath apartments and 3 ground-level commercial storefronts, offering strong rental potential and a diverse income stream. Recent upgrades include a new roof (2024), newer windows, and enhanced safety improvements throughout the apartments and storage areas. With 4 on-site parking spaces, this property provides a rare convenience for tenants and commercial occupants alike. Landlord covers heat and hot water for the entire building. Located in a high-demand area with excellent foot traffic and easy access to major highways and public transportation, this property offers investors a well-maintained, income-producing asset in a thriving community.
4 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Listing first seen on site |
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