3-Story Mixed Use Building – Morristown, NJ

Description: 3 Story Mixed Use Building (11,213 SF), 4 Retail units on 1st level with 15 residential units rooming house on 2nd and 3rd floors. 2nd Building consists of 3,772 SF commercial unit on same site Rooming house is a legally established licensed nonconforming use. This property was sold on 06/30/2014 for $1,500,000 and is owned by DIEZ NINOS HOLDINGS LLC.
15 unit apartment building subdivided into individual condominiums. Each unit has its own block and lot #’s and could be sold separately. The building consists of 5 residential units per floor encompassing the 2nd, 3rd, and 4th floors. The 1st floor commercial unit is excluded from this listing. Each unit is a studio style apartment with private kitchen and full bathroom roughly 315-360 SF in size. An elevator located in the main lobby provides handicap accessibility. No onsite parking is available, although overnight parking in a municipal lot is located less than a block away. There is metered parking on the street. Tenants pay electric which provides for individually metered Heating and Cooling.15 unit apartment building subdivided into individual condominiums. Each unit has its own block and lot #’s and could be sold separately. The building consists of 5 residential units per floor encompassing the 2nd, 3rd, and 4th floors. The 1st floor commercial unit is excluded from this listing. Each unit is a studio style apartment with private kitchen and full bathroom roughly 315-360 SF in size. An elevator located in the main lobby provides handicap accessibility. No onsite parking is available, although overnight parking in a municipal lot is located less than a block away. There is metered parking on the street. Tenants pay electric which provides for individually metered Heating and Cooling.