A remarkable multi-family home with TONS of opportunity, this property offers a unique opportunity for both investors, business owners & owner-occupants alike. Top floor unit, tenant is planning to move out end of June 2025, 1st floor unit lease ends September 2025, commercial space is VACANT. The first floor and second units feature identical floor-plans. Cozy yet spacious layout, each unit consisting of 2 bedrooms, a full bathroom & a spacious living room and kitchen. BOTH with private outdoor deck areas and a large paver patio. Additionally, this building includes a ground level OFFICE/commercial space with over 350 square feet, perfect for any small business including insurance, attorneys, physicians, dentists, chiropractors, therapists, the list goes on! With a waiting room area, office, bathroom, laundry and tons of storage.. This property has the potential to make you a lot of revenue. Three zone heat. Two zone central air. Tons of significant and important upgrades - Brand new roof, new retaining walls, water heaters & central air system. TONS of parking with two driveways in truly a prime location along with its versatile layout, convenient amenities, this multi-family home is a rare find in today's market. Its classic colonial exterior welcomes residents & guests, while the variance sign promotes your business on Rt 202. 1/8 of a mile from the Morristown Green.
Active
Price cut: $50K (4/21)
$725,000
76 Mount Kemble Ave, Morristown Town, NJ 07960
4beds
360sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$2,014/sqft
$-- HOA
What's special
- 9 days
- on Zillow |
- 1,482 |
- 44 |
Zillow last checked: 9 hours ago
Listing updated: April 21, 2025 at 03:23am
Listed by:
Mary K. Sheeran 973-539-1120,
Keller Williams Metropolitan
Source: GSMLS,MLS#: 3957753

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2.1
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- 3 Units, Forced Air, Zoned, Natural Gas
Cooling
- 2 Units, Central Air, Zoned, Window Unit(s)
Appliances
- Included: Dryer, Washer, Range/Oven - Gas, Refrigerator, Stackable Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Living Room, Pantry, See Remarks, Storage, Utility Room, Bedrooms, Eat-In Kitchen, Kitchen, Master Bedroom, Ceiling Fan(s)
- Flooring: Vinyl-Linoleum Floors, Wood
- Windows: Thermal Windows/Doors
- Basement: Yes,Finished,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 360
- Total interior livable area: 360 sqft
Property
Parking
- Total spaces: 8
- Parking features: 2 Car Width, Asphalt, Driveway-Exclusive, Off Street, Parking Lot-Exclusive
- Uncovered spaces: 8
Features
- Levels: 3-Three Story
- Stories: 3
- Patio & porch: Deck, Patio
- Fencing: Metal Fence
Lot
- Size: 10,454.4 Square Feet
- Dimensions: 82 x 127
- Features: Irregular Lot
Details
- Parcel number: 2324086010000000180000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 0
Utilities & green energy
- Gas: Gas In Street, Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Gas In Street, Natural Gas Connected, Cable Available, Fiber Optic Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
Location
- Region: Morristown
Financial & listing details
- Price per square foot: $2,014/sqft
- Tax assessed value: $729,300
- Annual tax amount: $11,486
- Date on market: 4/21/2025
- Total actual rent: 2850
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
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