26 Franklin Place
Morristown Town, NJ 07960
- 6 beds
- 7 baths
- – on site
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.
Listing courtesy of NJMLS / Michele Zyska / Serhant New Jersey LLC
Last checked:
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Last updated Sep 16, 2024
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MLS# 24029040 —
This property is listed in more than one place. See it here.
The Building
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Year Built:Pre 1900
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Style:4 Family
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Sub Style:Top/Btm
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Exterior Finish:Wood Shake
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Basement:Full, Unfinished
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Basement:Full unfinished
Interior
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# of Rooms:35
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Fireplace:2 Fireplaces
Location
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Area Name:Morristown Town
The Property
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Lot Description:Regular
Listing Agent
- Contact info:
- Agent phone:
- (646) 480-7665
- Office phone:
- (646) 480-7665
Taxes
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Tax:$22,768
Beds
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Bedrooms:6
Baths
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Full Baths:6
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Partial Baths:2
The Listing
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Lifestyle:Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
Heating & Cooling
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Heating & Cooling:Gas
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Cooling:Central Air
Utilities
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Utilities:Sep Elec, Sep Gas, Sep Heat, Sep Water
Appliances
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Laundry:In Unit
The Community
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View Exposure:East
Parking
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NonGarage Park:7
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/9/24
Sep 9, 2024
|
Listed / Active | NJMLS | $1,799,000 | 15.1% (8.1% / YR) |
10/31/22
Oct 31, 2022
|
GSMLS | $1,562,500 | 0.0% | |
10/21/22
Oct 21, 2022
|
GSMLS | $1,562,000 | 7.7% |