1 Elm Morristown, NJ $ 249,000
1 Elm
$ 249,000
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1 Elm

Morristown, NJ, 07960
$ 249,000
Bedrooms-- Baths-- Sq 1

Monthly Estimate*

$ 1,553

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Commercial Property for sale in Morristown, NJ

for $249,000 with 1 half bath. This building is 1 square feet.

E&N Custom Tailor and Clothing Store: A Rare Opportunity to Own a Trusted Community Stapleford over 20 years, E&N Custom Tailor has been Morristown's premier destination for exquisite bespoke tailoring and alterations, earning an impeccable reputation for quality, craftsmanship, and personalized service. Renowned for its 100% loyal repeat customers, this award-winning business boasts exclusive, high-end offerings including custom menswear, tuxedos, wedding gowns, and top-tier Italian textiles. With a prime location at 1 Elm St., a stable lease through 2029 with strong renewal prospects, 3 skilled employees, and zero competition in town, this turnkey operation promises continued success. The owner is earnest about a smooth transition, ready to personally introduce the new owner to a devoted customer base. Exceptional customer service, unparalleled reputation, and untapped digital marketing opportunities make this a truly lucrative listing. Don't miss your chance to acquire a beloved institution with years of goodwill, solid financials, and growth potential in a thriving community. This is more than a business; it's a legacy ready for its next chapter. This compelling listing description highlights E&N's strengths, long-term community ties, unique market position, and growth opportunity, creating strong buyer interest and trust.

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Commercial Active

Price

$ 249,000

Half Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Retail

Town/City

Morristown

County/Region

Morris

MLS | Web ID

3993298

Features
General
Sewer Public Sewer
Heating 1 Unit
Cooling 1 Unit
Utilities Electric Gas-Natural
Possession 0-30
Zoning Retail
Garage On-Street Parking
Township Morristown Town
Ownership Sole Proprietorship
Location Business District Corner
Gross Income 500000
Business Type Retail
Business Name E & N Custom Tailor
County Morris
Net Operating Income 231650
Operating Expense 268350
Status Active
Directions Take Madison Ave right on 124 South St and right on Elm St.
Drive On-Street Parking
Leasable Area 1
Standard Status Active
Town # 2325
Leasehold Rent $/Mo 7750
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Interior
Basement Finished-Partially
Fuel Type Gas-Natural
Half Baths 1
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Exterior
Water Source Public Water
Road Type City/Town Street Corner
Building Area Total 1
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* Excluded Features
List By
HUSEYIN TATAR

Listing Agent

Realty One Group Legend

Broker

jaytatar@gmail.com

Email

Affordability Calculator

$1,553
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,553
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
10/18/2025$249,000 Listed Price

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1 Elm, Morristown, NJ, 07960 is a Commercial Property for sale at $249,000 with 1 sqft. The property's zip code is 07960 which is in Morristown, NJ