Here is your chance to own a 4 unit building on a picture perfect street in the heart of Morristown, with ample parking and tons of upside! Located on a wide, tree-lined street, between South St. & Morris and equidistant to the Morristown Green, 287 and the Morristown Train Station, you will not find a better location! Currently, this property consists of 4 units in total, 3 in the front house and 1 in the separate carriage house located in the back of the property. 1st floor was used as a doctor's office, and would be ideal for the owner occupant looking to purchase an income property while opening their own business in the professional office space below. Or, you can look into renovating the 1st floor professional space into 1 or 2 more residential units (Please check with the town and do your own due diligence on what could be allowed). 2nd, 3rd and Carriage house residential units are all nicely renovated as of 2022/23 and have fantastic tenants who are all looking to stay.
Sold for $1,900,000 on 12/11/24
$1,900,000
26 Franklin Pl, Morristown, NJ 07960
6beds
--sqft
Multi Family
Built in ----
-- sqft lot
$1,993,800 Zestimate®
$--/sqft
$4,041 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 13, 2025 at 06:36pm
Listed by:
Michele Zyska 646-480-7665,
Serhant New Jersey LLC
Bought with:
Jacqueline Rossi
Coldwell Banker, Morristown
Source: NJMLS,MLS#: 24029040

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Appliances
- Laundry: In Unit
Property
Parking
- Total spaces: 7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Community & neighborhood
Location
- Region: Morristown
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Services availability
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Estimated market value
$1,993,800