Estimated payment $4,561/month
Welcome to 249 Speedwell Avenue?a fully updated, income-producing two-family home in the heart of one of New Jersey?s hottest rental markets. Both apartments?one spacious 5-room unit and one charming 4-room unit?have been tastefully updated, allowing you to command top-dollar rent from day one with zero renovation downtime.Set on an oversized 0.29-acre lot, this property offers plenty of parking, outdoor space, and potential for future expansion (with approvals). Whether you?re an investor seeking immediate cash flow, a house hacker looking to live in one unit while the other covers your mortgage. This property delivers flexibility and profit potential.The location is unbeatable?minutes to the Morristown Green, NJ Transit direct to NYC, upscale dining, nightlife, shops, and year-round cultural events. With Morristown?s rental demand and property values surging, this is an investment you can hold for appreciation or leverage for short-term gains. Add a premium short-term rental strategy, furnished executive rentals, or corporate housing for even higher returns, tapping into Morristown?s strong tourism and commuter markets.Updated, income-ready, and in a prime growth market?249 Speedwell Ave is the kind of asset that builds wealth. Multiple income strategies, immediate equity growth, and a location that keeps tenants coming back?don?t miss your chance to secure it.
Listing Agent
ROBERT KOBUS
COLDWELL BANKER REALTY Brokerage Phone: 973-714-9513 Listed on: 08/11/2025
Co-Listing Agent
JULIA POGOIS
COLDWELL BANKER REALTY Brokerage Phone: 973-714-9513
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $699,999 | -- | -- |
$829,900
Discover this exceptional duplex that redefines modern living in the heart of Morristown!. This newly renovated multi-family gem features 6 spacious bedrooms and 2.5 bathrooms, perfect for those seeking versatility and comfort under one roof. The thoughtful renovation showcases Modern finishes throughout, creating bright and inviting spaces that feel both fresh and timeless. Each unit offers
BRYAN GALLEGO EXP REALTY, LLC
$849,900
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
$699,000
An incredible opportunity awaits - just a short stroll from the heart of downtown Morristown! Whether you're a first-time homebuyer looking to live in one unit while offsetting your mortgage or an investor seeking a prime location, this meticulously maintained 2-family home delivers on all fronts. The upper unit, renovated just a few years ago, features 3 spacious bedrooms, including a versatile
George Loizou Alexander Anderson Real Estate Group
$799,000
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
Source: Garden State MLS
MLS Number: 3980707
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