4 Perry StMorristown, NJ 07960

Property Details for 4 Perry St

Year built

1876

Construction

FRAME

Lot size

0.13 AC

Property size (Sq ft)

3,010 SF

Zone code

ORC

Property type

Commercial real estate

APN

24 06205-0000-00007

APU

2406205000000007

Description

This exceptional 3,500 square foot mixed-use property, located at 4 Perry Street in the heart of Morristown, NJ, presents a unique investment opportunity. Situated on a 0.13-acre lot, this building offers a versatile layout ideal for a variety of uses. The ground floor boasts three private offices, a reception area, waiting room, kitchenette, print and copy area, and a bathroom, perfect for professional office space. Upstairs, cozy apartments provide potential for rental income, allowing for live-in management or conversion into additional living space. The property's prime location offers easy access to the Morristown train station, public transportation, restaurants, and theaters, ensuring high visibility and convenience. Permitted uses are diverse, including general and professional offices, medical facilities, art galleries, childcare centers, and single-family or multi-family residential. This presents a flexible option for business owners or investors seeking a blend of commercial and residential income streams. Note that this property is attached to 2 Perry Street (separate ownership, also for sale), offering potential for expansion or a larger investment portfolio. Priced at $1,599,000, this property represents a rare chance to acquire a thriving mixed-use asset in a highly desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $628,319

  Hospitality

  $575,537

  Educational

  $478,840

  Medical

  $495,308

  Retail

  $744,862

Location Insight

City

Morristown

County

Morris

State

New Jersey

Latitude

40.7916

Longitude

-74.4783

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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