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11 King St

Morristown Town, NJ 07960
  • $950,000
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • MLS #: 4006302
Under Contract
UPDATED: 76 min ago
$950,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Rare opportunity to own this 3 family house located less than 1 block from the Morristown Train Station, near downtown shops, dining, and minutes from Morristown Memorial Hospital! Includes driveway with off-street parking and 3 car detached garage. All 3 units are rented. The first unit consists of 2 beds & 1 bath; second unit consists of 2 beds & 1 bath; third unit consists of 1 bed & 1 bath. 1st unit: $1,750, 2nd unit: $1,750, and 3rd unit :$1,150. Total rent is $4,650. Rents are below market rent offering a rare opportunity for increased cash flow and property value with some updates. Sold AS-IS.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-13T17:49:12.007.
www.srrealestategroup.com/homes/172366254
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11 King St Morristown Town, NJ 07960

  • Price: $950,000
  • Status: Active Under Contract
  • On Site: 50 Days
  • Updated: 76 min ago
  • MLS #: 4006302
5
Beds
3
Baths
0
½ Baths
0.1
Acres
1900
Built
County:
Morris
Area:
Morristown Town
Property Description
Rare opportunity to own this 3 family house located less than 1 block from the Morristown Train Station, near downtown shops, dining, and minutes from Morristown Memorial Hospital! Includes driveway with off-street parking and 3 car detached garage. All 3 units are rented. The first unit consists of 2 beds & 1 bath; second unit consists of 2 beds & 1 bath; third unit consists of 1 bed & 1 bath. 1st unit: $1,750, 2nd unit: $1,750, and 3rd unit :$1,150. Total rent is $4,650. Rents are below market rent offering a rare opportunity for increased cash flow and property value with some updates. Sold AS-IS.
Exterior Features

Approximate Lot Size 4242SF Exterior Description See Remarks Number Of Parking Spaces 3 Parking Driveway Description BlacktopOff-Street ParkingOn-Street Parking Roof Description See Remarks

Interior Features

Basement Yes Basement Description FullUnfinished Cooling None Heating 3 UnitsRadiators - Hot Water Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSee RemarksSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving RoomSee Remarks Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSee RemarksSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving RoomSee Remarks Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving RoomSee Remarks Unit3 Rooms 4 Unit3 Sq Ft 0

Property Features

Assessment Total 755300 Building Assessment 395600 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 359700 Net Operating Income 0 Sewer Public Sewer Tax Amount 11895 Tax Rate Amount 1.575 Tax Rate Year 2025 Tax Year 2024 Total Operating Expense 0 Unit Style See Remarks Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1750 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1750 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1150 Unit3 Security Deposit 0 Utilities All UndergroundGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 732-439-9339.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-13T17:49:12.007.
 
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Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901