122 Washington StMorristown, NJ 07960

Property Details for 122 Washington St

Year built

1900

Lot size

0.17 AC

Property size (Sq ft)

1,458 SF

Zone code

ORC

Property type

Other commercial real estate

APN

24 07802-0000-00029

APU

2407802000000029

Description

This exceptional two-story office building at 122 Washington Street in Morristown, New Jersey, presents a unique investment opportunity. Strategically located in Morris County, this property boasts convenient access to major roadways including Routes 287, 202, and 24, ensuring effortless commuting for tenants and clients. Its prime location also offers walkability to the Morris County Courthouse, Whole Foods Market, and public transportation, enhancing its appeal and accessibility. The building features a spacious on-site parking lot, providing ample parking for tenants and visitors. The second floor is currently leased to an architecture firm, generating a consistent annual rental income of $20,400. The first-floor office suite is available for lease and offers flexibility. Potential tenants can choose a fully furnished "plug-and-play" setup, ideal for immediate occupancy, or opt for a vacant space to customize to their specific needs. This property is an excellent choice for investors seeking a stable income stream coupled with the potential for future growth in a thriving New Jersey market. The 07960 zip code offers a desirable location within Morristown, combining professional convenience with nearby amenities. This presents a rare opportunity to acquire a well-situated, income-producing office building in a highly sought-after area.

Location Insight

City

Morristown

County

Morris

State

New Jersey

Latitude

40.7995

Longitude

-74.4893

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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