ADDRESS
62 E Park Place
Morristown, NJ 07960
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$850,000
86 Days On Site
2 Morrell PlGarfield City, NJ 07026
For Sale|Mixed Use|Pending
0
Beds
0
Total Baths
4,500
SqFt
$189
/SqFt
1950
Built
County:
Bergen
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This versatile property offers exceptional potential for both income and growth. Featuring a multi-family home with two residential units plus acommercial retail space currently occupied by a well-established restaurant/catering business. This property delivers built-in cash flow from day one.Additional highlights include an attached one-car garage, a corner lot measuring 50x100 and a location that is close to schools, shopping, publictransportation helping ensure strong tenant demand. Whether you're looking to expand your investment portfolio or secure a property with multipleincome streams, this opportunity offers the potential to increase returns through rental adjustments or future improvements. Don't miss this chance toown a property that blends residential comfort with commercial visibility in a high-demand area.
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Listing Snapshot
Price
$850,000
Days On Site
86 Days
Bedrooms
N/A
Inside Area (SqFt)
4,500 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1950
MLS® Number
3981449
Status
Pending
Property Tax
$14,048
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Status changed to Pending | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Price changed to $850,000 | |
| 3 months ago | Listing first seen on site |
General Features
Acres
0.11
Garage
Yes
Garage Spaces
2
Number Of Stories
2
Property Sub Type
Mixed Use
Sewer
Public Sewer
SqFt Total
4500
Utilities
Natural Gas Available
Water Source
Public
Zoning
commercial
Interior Features
Basement
PartialUnfinished
Flooring
LaminateTileWood
Heating
BaseboardForced AirNatural Gas
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Exterior Features
Construction Details
Aluminum SidingVinyl Siding
Lot Features
LevelCorner Lot
Roof
Composition
Listing courtesy of SERHANT NEW JERSEY 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
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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