ADDRESS
62 E Park Place
Morristown, NJ 07960
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Exceptional investment opportunity in Bound Brook! This unique, recently renovated property features two homes on one oversized lot. A spacious 3-unit multi-family in the front and a detached single-family home in the back. Together, the residences offer 12 bedrooms and eight full bathrooms, with excellent rental income potential, which can generate over $10,000 per month. Each unit has separate utilities, except for water, which creates an efficient and desirable setup for both tenants and investors. Set on a two-thirds-acre lot, the property provides ample parking and outdoor space. Ideally located blocks from downtown Bound Brook, the bus stop is on the same block. The train station offers direct access to NYC and is conveniently close to major highways, including Routes 22, 28, and I-287. This is a one-of-a-kind opportunity to own a high-income-producing property. Don't miss your chance to secure a strong investment with long-term growth potential!
| 2 months ago | Status changed to Active | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
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