ADDRESS
62 E Park Place
Morristown, NJ 07960
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Fully rebuilt in 2015 from the foundation up, this exceptional mixed-use property combines modern construction with classic NYC-style charm. Constructed of durable masonry brick/block and stucco/frame, the two-story building spans approximately 25' x 55' and features 9-foot ceilings, elegant crown molding, and hardwood floors throughout. The first floor offers a professional office space, which includes a conference room and a half-bathroom, with an estimated rental value of $2,000, along with a one-bedroom apartment. This highly versatile setup makes the property attractive to both investors and end-users. Additional features include a partial basement with crawl space, and a massive full attic with approx. 1,300 sq. ft. of accessible storage via pull-down stairs. Efficient electric split systems and forced air provide heating and cooling throughout the building. The exterior boasts a five-car parking lot and a deep, low-maintenance rear yard. A turnkey opportunity with solid income potential in a highly desirable location. Prior to seeing the house, the buyer must provide a POF and Pre-approval letter.
| 3 weeks ago | Price changed to $1,159,000 | |
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
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