32 Mount Kemble AveMorristown, NJ 07960

Property Details for 32 Mount Kemble Ave

Year built

2021

Lot size

0.46 AC

Property size (Sq ft)

8,856 SF

Property type

Mixed-use properties

Property subtype

Multifamily properties

Description

This exceptional mixed-use property, located at 32 Mt Kemble Ave in Morristown, NJ 07960, presents a unique investment opportunity. Completed in 2021, the building boasts 8,856 square feet and features a blend of commercial and residential space. The property includes approximately 6,188 square feet of Class A office space, currently 100% occupied by the owner, and two additional one-bedroom loft-style apartments generating rental income. Situated on a 0.46-acre lot, the building offers superior street-level visibility thanks to rear-located parking (17 covered and 13 uncovered spaces). The building's meticulous craftsmanship is evident both inside and out. Its prime location, moments from the Morristown Green and the South Street retail corridor, provides excellent access to amenities and high visibility. The property is zoned MF-1 (Single & Two-Family Residential), offering flexibility for future use. The current owner is open to proposals involving full or partial vacancy at sale, or a leaseback arrangement. This is a rare chance to acquire a premium boutique office asset in a highly desirable Northern New Jersey market, ideal for owner-occupancy or leasing to multiple tenants. The three-story building consists of one structure with multiple tenants. The fee simple ownership offers complete control and potential for significant return on investment.

Location Insight

City

Morristown

County

Morris

State

New Jersey

Latitude

40.7927

Longitude

-74.4853

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