5 Elm St Morristown, NJ 07960

$2,450,000
5 Elm St, Morristown, NJ 07960
3456669

Commercial Property for sale in Morristown, NJ

for $2,450,000 with 2 full baths. This 4,070 square foot building was built on a lot size of 40X101.

Property Information

  • $2,450,000
  • 2 Full Baths
  • Commercial
  • 4,070 Square Feet
  • Taxes are $22,466
  • Restaurant
  • Active
  • Lot size of 40X101
  • Morristown, NJ
  • Morris County
  • MLS/Web ID is 3456669

Description

Property & Operating Restaurant Business For Sale. Potential for Condo Development.

Interior 6

Basement

  • Basement
  • Partial Basement

Cooling System

  • 1 Unit

Heating System

  • 1 Unit
  • Forced Air

Room Features

  • Kitchen

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 5

Construction

  • Brick & Block

Lot Description

  • Corner

Parking

  • Additional Parking
  • Off Street Parking

Roof

  • Asphalt Shingles

Siding

  • Vinyl

Miscellaneous 3

Commercial

  • Sale Includes Building & Business

Location

  • Business District

Utilities

  • Electric
  • Gas In Street

† Excluded Feature

Listed By

Listing Agent: Gary J. Molner
Broker: Weichert Realtors
Office: Morristown East

5 Elm St , Morristown, NJ, 07960 is a Commercial Property for sale at $2,450,000 with 4,070 sqft and a lot size of 40X101. 5 Elm St has 2.0 baths. The property's zip code is 07960 which is in Morristown, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Morristown $585,749 76 % below $497,000 80 % below
Commerical listings in Morristown $1,400,000 43 % below $1,400,000 43 % below

Get the facts about Morristown, NJ!

Population 18,723
Population Growth (since 2000) 1 %
Median Income $73,744
Median Age 37.09
Households w/ Children 23 %

Residential Dwellings

  • Owned 3135
  • Vacant 728
  • Rented 4425

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