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$1,095,000 (USD)
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Morris Twp Area Multi-Family Home

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18 Sherman Ave Morris Twp., NJ 07950

7 Bed
5 Baths
sqft
MLS# 4060667
RARE 3 UNIT INVESTMENT OPPORTUNITY IN MORRIS PLAINS!GREAT INCOME POTENTIAL! A phenomenal opportunity for investors seeking to expand their portfolio with a unique, income-producing property in Morris Plains! Featuring two separate homes on 1 lot, a duplex and a SF/Home,2 garages, low property taxes, long-term tenants already in place, and a prime location with proximity to direct train service to NYC, this property offers an attractive combination of convenience and investment potential.The main residence features a side-by-side duplex each with 3 bdr, 1.5 baths, and a spacious basement providing abundant storage. A brand-new roof installed in October 2026 adds further appeal. The separate rear cottage was beautifully renovated in 2024 and offers 1 bedroom, 1 bath ,a generously sized living/dining area, and a spacious primary bedroom.Additional highlights include ample off-street parking and private rear patio areas for each residence, providing desirable outdoor space and added tenant appeal.With long-term tenants in place, convenient access to NYC transportation, and the advantage of relatively low property taxes, this distinctive 3 unit property presents an exciting opportunity for investors looking to build long-term wealth through real estate. Explore the income potential, evaluate the numbers, and discover the possibilities this exceptional investment has to offer!Two homes. A compelling opportunity to grow your portfolio in Morris Plains! Not to be missed!
Listing Courtesy of GARDEN STATE MLS - IDX / Listed By: Iuliana "Juliana" Pirtea, Coldwell Banker Realty
$639,000 (USD)
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Randolph Twp Area Single Family Home

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314 Dover Chester Rd Randolph Twp., NJ 07869

3 Bed
2 Baths
sqft
MLS# 4058633
ONE-LEVEL LIVING in a prime Randolph Location! Welcome to this 3 bedroom, 2 bath raised ranch offering the ease of one level living, an open concept layout and a convenient location. The spacious main living area flows into the dining space and kitchen, creating a comfortable layout for everyday living and entertaining.Major updates are already in place, including a brand new roof, gutters, chimney, new A/C system, new Trex deck as well as new kitchen appliances. Freshly painted in neutral colors, with some light cosmetic updating, the next owner will have an opportunity to add their own style, make it personal and unlock even more of its potential.Location is everything! Ironia Elementary School is in very close proximity, making school mornings easy with no bus ride needed. Enjoy outdoor living on the large covered patio and take advantage of the spacious yard, where mature bushes currently provide excellent privacy. For those who prefer a more open setting, the landscaping can be modified or removed to create a more expansive feel and additional usable yard space.Conveniently located near Morristown and NYC transportation, shopping, the mall, local parks, recreation, and sports facilities, this home offers an exceptional combination of location, convenience, and opportunity. Bring your vision and turn this Randolph raised ranch into the home you've been looking for!
Listing Courtesy of GARDEN STATE MLS - IDX / Listed By: Iuliana "Juliana" Pirtea, Coldwell Banker Realty