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119 Morris St Morristown, NJ $ 2,500,000
119 Morris St
$ 2,500,000
Recently Listed New Construction
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119 Morris St

Morristown, NJ, 07960
$ 2,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,393

Commercial Property for sale in Morristown, NJ

for $2,500,000 with 4 half baths. This building was built in 1990 on a lot size of 0.04.

117-119 Morris St, Morristown, NJ ? Mixed-Use Investment Opportunity Prime mixed-use investment property located in the heart of Morristown. This 3-unit building features 1 commercial space (restaurant) and 2 residential units above, consisting of one 1-bedroom and one 2-bedroom apartment. Positioned directly across from the train station, this property offers unmatched visibility and foot traffic. Neighboring a brand-new 7-Eleven and Wingstop, just minutes from multiple newly developed, high-value office buildings, the location continues to see strong growth and redevelopment. Morristown is widely recognized as one of the most desirable towns in Morris County, making this a highly attractive asset for both investors and tenants alike. Strong income potential with a mix of commercial and residential use in a rapidly developing area.

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Commercial Active

Price

$ 2,500,000

Half Bath

4

Property Type

Commercial

Taxes

$ 11,786

Style

MixedUse

Lot Size

0.04

Year Built

1990

Town/City

Morristown

County/Region

Morris

MLS | Web ID

4016420

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating Forced Hot Air Radiators - Steam
Cooling Central Air Window A/C(s)
Utilities See Remarks
Possession 60 days
Roof Flat
Zoning Mixed use
Garage Spaces 0
Year Built 1990
Township Morristown Town
Property Type Mixed Use See Remarks Store With Apartment MixedUse
Tax Year 2023
Ownership Fee Simple
Location Business District
County Morris
Status Active
Directions Google maps
Number Of Units Total 3
Tax Annual Amount 11786
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 405600
Town # 2325
Tax Lot 35
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Interior
Basement Unfinished Walkout
Fuel Type Gas-Natural
Total Stories 2
Half Baths 4
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Exterior
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 3000
Lot Dimensions 29X62
Lot Size Acres 0.04
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* Excluded Features
List By
PHILIP DATTOLO

Listing Agent

Highmark Real Estate

Broker

Affordability Calculator

$16,375
Per Month
94%
6%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$982
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/24/2026$2,500,000 Listed Price

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119 Morris St, Morristown, NJ, 07960 is a Commercial Property for sale at $2,500,000 with a lot size of 0.04. 119 Morris St was built in 1990. The property's zip code is 07960 which is in Morristown, NJ