ADDRESS
62 E Park Place
Morristown, NJ 07960
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$825,000
40 Days On Site
16 Sherman AveMorris Twp., NJ 07950
For Sale|Multi Family|Pending
3
Beds
2
Total Baths
2
Full Baths
1937
Built
County:
Morris
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973-349-0459
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Prime Morris Twp 2-Family with a 4 car detached garage with 2nd Floor storage. This turn-key asset presents significant value-add potential. The 1st Flr unit (1BR+Den) is rented below market at 60 day /mo. The VACANT 2nd Flr unit (2BR) is freshly painted with a new stove & fridge, ready for market. This upper unit also features a fantastic walk-up 3rd floor office/den. A landlord's dream with ALL SEPARATE UTILITIES and a NEW ROOF. Full basement with 2 sets of laundry hookups and dedicated tenant parking on-site. Meticulously maintained and in a fantastic location with a Morris Plains mailing address. This is the low-expense, high-potential investment you've been waiting for!
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Listing Snapshot
Price
$825,000
Days On Site
40 Days
Bedrooms
3
Inside Area (SqFt)
N/A
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.17 Acres
Year Built
1937
MLS® Number
3989718
Status
Pending
Property Tax
$7,697
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 weeks ago | Status changed to Pending | |
| 4 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
General Features
Acres
0.17
Carport
4
Garage
Yes
Garage Spaces
4
Parking
Detached
Parking Spaces
4
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
Style
Under/Over
Utilities
Cable AvailableNatural Gas Available
Water Source
Public
Interior Features
Appliances
Gas Water Heater
Basement
Unfinished
Heating
Natural Gas
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Exterior Features
Construction Details
Vinyl Siding
Lot Features
Level
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
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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