ADDRESS
62 E Park Place
Morristown, NJ 07960
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$820,000
61 Days On Site
237 Haledon AveHaledon Boro, NJ 07508
For Sale|Multi Family|Active
4
Beds
4
Total Baths
2
Full Baths
2
Partial Baths
2,030
SqFt
$404
/SqFt
1980
Built
County:
Passaic
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973-349-0459
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INVESTMENT or OWNER-USER OPPORTUNITY!!This income-producing property features two fully apartments upstairs and a turnkey restaurant on the ground floor. Parking is available for both residents and patrons. Both Residential units are rented MTM offering immediate cash flow. Residential unit 1 is MTM and Unit 2 has a year lease. The Restaurant is ready for operation, complete soda lines, refrigeration, kitchen, full bar, basement office, and storage. This property is just 1 Mile from William Paterson University. Value-add potential with rent increases and long term leases. IT WILL NOT LAST! LIQUOR LICENSE IS NOT INCLUDE IT!
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Listing Snapshot
Price
$820,000
Days On Site
61 Days
Bedrooms
4
Inside Area (SqFt)
2,030 sqft
Total Baths
4
Full Baths
2
Partial Baths
2
Lot Size
0.1 Acres
Year Built
1980
MLS® Number
3985884
Status
Active
Property Tax
$17,952
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.1
Carport
7
Number Of Stories
2
Parking Spaces
7
Property Sub Type
Multi Family
Sewer
Public Sewer
Style
2-Two Story
Water Source
Public
Interior Features
Basement
FinishedFull
Heating
BaseboardNatural Gas
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Exterior Features
Construction Details
Vinyl Siding
Roof
Asphalt
Listing courtesy of COLDWELL BANKER REALTY
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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