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Morristown, NJ Multifamily Homes & Duplexes for Sale

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  • /31

    $849,900

    • 6 Beds
    • 2 Baths

    18 Hillairy Ave, Morristown, NJ 07960

    A rare investment or Owner-occupant opportunity in the heart of Morristown! This well-maintained 2-family home offers spacious and functional layouts in both units, each featuring 3 bedrooms and 1 full bath. Please be aware this property has been well cared for by Owner occupant and Turn Key! Whether you're looking to generate rental income or live comfortably while a tenant helps offset your

    Christopher Paricio WALKER'S REALTY

    18 Hillairy Ave, Morristown, NJ 07960
  • /25

    $799,000

    • 6 Beds
    • 3 Baths
    • 2,766 Sq Ft

    80 Western Ave, Morristown, NJ 07960

    Great opportunity to own this 3 family house located in walking distance to the Morristown Green, as well as Downtown shops, dining, and entertainment! The first level apartment has 3 beds, 1 bath needs some TLC and is rented; second level has 2 beds & 1 bath, partially updated and it is vacant; 3rd floor apartment has 1 bed & 1 bath, partially renovated and it's rented. New Siding, Most of

    William Barraza KELLER WILLIAMS - NJ METRO GROUP

    80 Western Ave, Morristown, NJ 07960
  • /28

    $1,599,000

    • 3 Beds
    • 3.5 Baths
    • 3,500 Sq Ft

    4 Perry St, Morristown, NJ 07960

    Discover the perfect blend of charm and convenience with this delightful mixed-use property, ideally situated in the vibrant heart of Downtown Morristown. Just a short stroll from the train station, public transit, restaurants, theaters, and more, this versatile space is a rare find. The first floor features three private offices, a welcoming reception area, a comfortable waiting room, a

    Jerome Graham J GRAHAM REALTY LLC

    4 Perry St, Morristown, NJ 07960

Why Live in Morristown

Morristown, NJ, a historic city surrounded by Morris Township, offers a blend of Revolutionary War history, vibrant nightlife, and a strong local economy. With over 20,000 residents and a median age of 34, Morristown features cultural attractions like statues and the Gothic Revival St. Peter’s Episcopal Church. The Morristown Medical Center, employing over 5,000 people, anchors the local economy alongside manufacturers and engineering firms like Honeywell and the Louis Berger Group. Housing options range from refurbished historic homes to high-rise condos, with styles including colonial, split-level, and Cape Cod. The Morristown School District is highly rated, serving over 5,500 students with a favorable student-teacher ratio. The Green, a central gathering spot, hosts events like the annual Festival on the Green and a Christmas festival. Nearby lakes such as Lake Parsippany offer recreational opportunities. Nightlife includes historic venues like Jockey Hollow Bar & Kitchen and modern spots like Ironbar. The downtown train station provides convenient access to New York City, just over 30 miles away, while major corridors like U.S. Route 202 and Interstate 287 facilitate local travel. Morristown boasts lower crime rates compared to nearby cities, with significant decreases in both violent and property crimes from 2022 to 2023.

Home Trends in Morristown, NJ

Housing Trends

Median Sale Price
$989,950
Median Single Family Sale Price
$1,825,000
Median Townhouse Sale Price
$980,000
Median 1 Bedroom Sale Price
$477,000
Average Price Per Sq Ft
$446
Number of Homes for Sale
3
Last 12 months Home Sales
82
Months of Supply
0.40
Median List Price
$980,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
112%
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