ADDRESS
62 E Park Place
Morristown, NJ 07960
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$789,000
20 Days On Site
204 Governor StPaterson City, NJ 07501
For Sale|Multi Family|Active
12
Beds
3
Total Baths
3
Full Baths
2,940
SqFt
$268
/SqFt
1980
Built
County:
Passaic
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This property presents a superior investment opportunity with three spacious apartment units, each comprising four bedrooms and equipped with separate utility meters. Tenants are responsible for gas, electricity, heat, and hot water, reducing operating costs for the owner. Two of the three units underwent full renovations in 2024, significantly increasing the property's desirability. The large backyard offers valuable outdoor space, making this asset attractive to both seasoned investors and tenants seeking high-quality rental housing.
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Listing Snapshot
Price
$789,000
Days On Site
20 Days
Bedrooms
12
Inside Area (SqFt)
2,940 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
N/A
Year Built
1980
MLS® Number
3979344
Status
Active
Property Tax
$12,000
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® | |
| 3 weeks ago | Price changed to $789,000 | |
| 3 weeks ago | Listing first seen on site |
General Features
Number Of Stories
3
Parking
On Street
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
Style
3-Three Story
Utilities
Natural Gas Available
Water Source
Public
Interior Features
Appliances
Gas Water Heater
Basement
Partially Finished
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
Vinyl Siding
Patio And Porch
Patio
Roof
Asphalt
Listing courtesy of GOYBURU 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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