Morris Twp., NJ 07950,16 Sherman Ave
Morris Twp., NJ 07950,16 Sherman Ave
Morris Twp., NJ 07950,16 Sherman Ave
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$825,000
Est. payment /mo
3 Beds
2 Baths
7,405 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3989718

Style Under/Over

Bedrooms 3

Full Baths 2

Year Built 1937

Annual Tax Amount $7,697

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

Prime Morris Twp 2-Family with a 4 car detached garage with 2nd Floor storage. This turn-key asset presents significant value-add potential. The 1st Flr unit (1BR+Den) is rented below market at 60 day /mo. The VACANT 2nd Flr unit (2BR) is freshly painted with a new stove & fridge, ready for market. This upper unit also features a fantastic walk-up 3rd floor office/den. A landlord's dream with ALL SEPARATE UTILITIES and a NEW ROOF. Full basement with 2 sets of laundry hookups and dedicated tenant parking on-site. Meticulously maintained and in a fantastic location with a Morris Plains mailing address. This is the low-expense, high-potential investment you've been waiting for!

Location

State NJ

County Morris

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector

Heating Gas-Natural

Cooling 4+ Units, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage, Loft Storage

Garage Spaces 4.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style Under/Over

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY

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LivX .

LivX .

+1(973) 221-0545

Broker | License ID: 1859462

Broker License ID: 1859462

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16 Sherman Ave