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114 Maple Ave

Morristown Town, NJ 07960
  • $799,900
  • STATUS: Active Under Contract
  • ON SITE: 86 Days
  • MLS #: 3898054
Under Contract
UPDATED: 83 min ago
$799,900
  • 3
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,272
    SQFT
  • $352
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:

Description

A unique opportunity in the heart of Morristown's historic district, one block from South Street. This is a mixed-use three-unit building. First-floor commercial office, second-floor two-bedroom apartment and third-floor one-bedroom apartment. The first floor is vacant and is perfect for professional or medical use. The last tenant was a chiropractor. This floor includes a waiting room, two offices, a powder room, storage, and a kitchenette. The second floor features a kitchen, full bath, two bedrooms, and a living room. This unit is currently occupied. The third floor is vacant. This unit features a kitchen, full bath, one bedroom, living room, and storage room. The fire escape is at the rear of the building. The front porch is available for use by all three tenants. The rear porch is for the first-floor tenant. There is a five-car parking lot. Currently, the parking lot is set up this way: two spaces for the first floor, one for the second floor, and one for the third floor. The third space is open for guests. Second-floor lease expires June 1st but could stay on. This property hasn't been on the market in decades. Very rare mixed-use building with a parking lot, especially in this neighborhood. Just minutes to Morristown Green and NYC train. For all questions about usage, changes in usage, & variances, please refer to the Town of Morristown Zoning Department. Seller and broker make no representations as to anything other than its current configuration. SQ is approximate.

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Garden State MLS logo © 2024 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 The Dekanski Home Selling Team :: RE/MAX 1st Advantage. 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 The Dekanski Home Selling Team :: RE/MAX 1st Advantage 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 2024-07-20T13:47:14.303.
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114 Maple Ave Morristown Town, NJ 07960

  • Price: $799,900
  • Status: Active Under Contract
  • On Site: 86 Days
  • Updated: 83 min ago
  • MLS #: 3898054
3
Beds
2
Baths
1
½ Baths
0.09
Acres
2,272
SQFT
$352
$/SQFT
1900
Built
Neighborhood:
Downtown
County:
Morris
Area:
Morristown Town
Elementary School:
K-2;3-5
Middle School:
Frelghuysn
High School:
Mtwn 9-12
Property Description
A unique opportunity in the heart of Morristown's historic district, one block from South Street. This is a mixed-use three-unit building. First-floor commercial office, second-floor two-bedroom apartment and third-floor one-bedroom apartment. The first floor is vacant and is perfect for professional or medical use. The last tenant was a chiropractor. This floor includes a waiting room, two offices, a powder room, storage, and a kitchenette. The second floor features a kitchen, full bath, two bedrooms, and a living room. This unit is currently occupied. The third floor is vacant. This unit features a kitchen, full bath, one bedroom, living room, and storage room. The fire escape is at the rear of the building. The front porch is available for use by all three tenants. The rear porch is for the first-floor tenant. There is a five-car parking lot. Currently, the parking lot is set up this way: two spaces for the first floor, one for the second floor, and one for the third floor. The third space is open for guests. Second-floor lease expires June 1st but could stay on. This property hasn't been on the market in decades. Very rare mixed-use building with a parking lot, especially in this neighborhood. Just minutes to Morristown Green and NYC train. For all questions about usage, changes in usage, & variances, please refer to the Town of Morristown Zoning Department. Seller and broker make no representations as to anything other than its current configuration. SQ is approximate.
Exterior Features

Approximate Lot Size 3811SF Color Of Building Tan Exterior Description Vinyl Siding Exterior Features Open Porch(es) Lot Description Level Lot Number Of Parking Spaces 5 Parking Driveway Description CommonOn-Street ParkingParking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description UnfinishedWalkout Cooling CentralNoneSeeRem Heating 3 UnitsBaseboard - Hotwater Interior Features Carbon Monoxide DetectorCarpetingFire ExtinguisherSmoke DetectorWood Floors Total Number Of Rooms 10 Unit1 Appliances Equipment Carbon Monoxide DetectorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 5 Unit1 Security Deposit 9999 Unit1 Sq Ft 800 Unit2 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving RoomSee Remarks Unit2 Rooms 4 Unit2 Sq Ft 800 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 435

Property Features

Assessment Total 364800 Building Assessment 138000 Easement Unknown Expenses Include Cold WaterInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 60600 Home Warranty No Land Assessment 226800 Net Operating Income 43600 Services Cable TV AvailableGarbage Included Sewer Public Sewer Tax Amount 10601 Tax Rate Amount 2.906 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 17000 Unit Style 3-Three StorySee Remarks Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 9999 Unit2 Handicap Modified No Unit2 Lease Expiration 2024-06-01 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2000 Unit2 Security Deposit 3000 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 9999 Unit3 Security Deposit 9999 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate Zoning Mix Use

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of WEICHERT REALTORS: 973-768-7468.


Garden State MLS logo © 2024 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 The Dekanski Home Selling Team :: RE/MAX 1st Advantage. 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 The Dekanski Home Selling Team :: RE/MAX 1st Advantage 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 2024-07-20T13:47:14.303.
 
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