ADDRESS
62 E Park Place
Morristown, NJ 07960
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
4 Unit Mixed Use Property in the Historic Botany Village Section of Clifton with all Separate Utilities,Brand New Roof and NO RENT CONTROL. The 4 units consist of 3 Residential Units and 1 Commercial store front. This Property is perfect for a savvy investor looking to grow their portfolio or a owner occupied. FHA approved for someone looking to occupy 1 unit and collect 3 other rents. 1st Floor offers 1 commercial store front with open layout currently being used as a salon. The rear portion of the first floor which is unit 2 has a 2 bedroom apartment with living room, eat in kitchen and full bathroom. The second floor consist of 2 apartments. The apartment in the front has 2-3 bedrooms, Living room, Eat in Kitchen and Full Bathroom. The 4th unit is 2 levels, featuring 2 bedrooms, living room, eat in kitchen and a 3rd bonus area in the 3rd level which is currently being used as a bedroom. All separate utilities is a huge plus, 4 Gas meters, 5 electrical panels, and 4 hot water heaters. Designated parking lots throughout Botany Village designated for Botany Village residents for small annual fee. Roof is Brand new 2025. NO RENT CONTROL and all Leases are up on October 31,2025. Do not wait to see this great property as an investment or for an owner occupant.
18 hours ago | Listing updated with changes from the MLS® | |
yesterday | Listing first seen on site |
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.