Penny Lane Realtors
The median home value in Morristown, NJ is $845,000.
This is
higher than
the county median home value of $491,000.
The national median home value is $308,980.
The average price of homes sold in Morristown, NJ is $845,000.
Approximately 39% of Morristown homes are owned,
compared to 51% rented, while
9% are vacant.
Morristown real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Morristown real estate agent to arrange a tour today!
Learn more about Morristown.
We were unable to find listings in Morristown, NJ
Discover the perfect blend of charm and convenience with this delightful mixed-use property, ideally situated in the vibrant heart of Downtown Morristown. Just a short stroll from the train station, public transit, restaurants, theaters, and more, this versatile space is a rare find. The first floor features three private offices, a welcoming reception area, a comfortable waiting room, a kitchenette, Print and Copy Area, and a bathroom. The upper level offers cozy apartments, providing an excellent opportunity for rental income or the option to live on-site while managing your business downstairs, convert the entire building into a stunning single-family townhome style, or hold it as a lucrative investment. Permitted uses include: Office (General & Professional), Medical, Art gallery, Child-care center, single-family, and multi-family. Additionally, this property is connected (attached dwelling - Different Owner) to 2 Perry Street, .Don't miss this unique chance to establish your business or enhance your investment portfolio in a thriving community!
E&N Custom Tailor and Clothing Store: A Rare Opportunity to Own a Trusted Community Stapleford over 20 years, E&N Custom Tailor has been Morristown's premier destination for exquisite bespoke tailoring and alterations, earning an impeccable reputation for quality, craftsmanship, and personalized service. Renowned for its 100% loyal repeat customers, this award-winning business boasts exclusive, high-end offerings including custom menswear, tuxedos, wedding gowns, and top-tier Italian textiles. With a prime location at 1 Elm St., a stable lease through 2029 with strong renewal prospects, 3 skilled employees, and zero competition in town, this turnkey operation promises continued success. The owner is earnest about a smooth transition, ready to personally introduce the new owner to a devoted customer base. Exceptional customer service, unparalleled reputation, and untapped digital marketing opportunities make this a truly lucrative listing. Don't miss your chance to acquire a beloved institution with years of goodwill, solid financials, and growth potential in a thriving community. This is more than a business; it's a legacy ready for its next chapter. This compelling listing description highlights E&N's strengths, long-term community ties, unique market position, and growth opportunity, creating strong buyer interest and trust.
Retail space available with liquor license to operate liquor store. Inquire directly for more details.
End Unit is Bright & Sunny 1,024 square feet Medical Office Suite #4. Ideal location close to parking with easy & direct access. Waiting Room, Reception, 3 Exam Rooms, 1 Private Office, Storage Room, Kitchenette, Closet & Powder Room. Must be Medical or Dental Use. There are 7 Units in this 10,000 square foot Building with a Partnership Agreement. Monthly Fee is $1792 includes all expenses, maintenance (trash & recycle removal, snow removal, & landscaping), utilities (heat, electric of common area, water/sewer, and insurance). Air Conditioning is separate units. The roof was redone in 2021. Located in the Heart of Madison. 4.5 Miles to Morristown Medical Center. 5.4 Miles to Overlook Medical Center. Close to shops, restaurants, Rt. 78 & Rt. 287.
Welcome to an exceptional investment property located in the heart of Parsippany just off the bustling Route 10! Commercial/residential let it be your choice! Continue to utilize the commercial units to rent out or design your dream home. This expansive multi-use office building offers a versatile space perfect for a variety of business needs. With 4 units total 3 on the first floor and 1 on the 2nd floor w/ separate entrances and exits this property is designed for convenience and functionality. The building is equipped with a total of 1 full bath and 3 half baths ensuring comfort and accessibility for both staff and clients. Ample parking is available on the side and rear of the building with the potential to expand the parking lot towards the wooded area accommodating even more vehicles. Situated near a thriving residential area this property presents a unique opportunity to attract residential clientele providing endless possibilities for growth and development. With a touch of TLC and your vision, transform this space into a premier office or suite rental destination. Don't miss out on the chance to make this prime Parsippany location your next successful venture.
Welcome to an exceptional investment property located in the heart of Parsippany just off the bustling Route 10! Commercial/residential let it be your choice! Continue to utilize the commercial units to rent out or design your dream home. This expansive multi-use office building offers a versatile space perfect for a variety of business needs. With 4 units total 3 on the first floor and 1 on the 2nd floor w/ separate entrances and exits this property is designed for convenience and functionality. The building is equipped with a total of 1 full bath and 3 half baths ensuring comfort and accessibility for both staff and clients. Ample parking is available on the side and rear of the building with the potential to expand the parking lot towards the wooded area accommodating even more vehicles. Situated near a thriving residential area this property presents a unique opportunity to attract residential clientele providing endless possibilities for growth and development. With a touch of TLC and your vision, transform this space into a premier office or suite rental destination. Don't miss out on the chance to make this prime Parsippany location your next successful venture.
This professional office condo is being offered for sale, delivering exceptional value, long-term ownership benefits, and a prime location for a wide range of business uses. This is an outstanding opportunity on Route 10 with immediate access to Routes 202 and 287, and just minutes from Morristown. The building is well-maintained and offers everything your business could need, including an elevator, bathrooms on every floor, abundant parking for staff and clients, and secure access throughout, ensuring both convenience and peace of mind.The space itself is thoughtfully designed and features a welcoming reception area, a kitchenette, a conference room, multiple private offices, an open work area, and a dedicated training space. The layout is versatile and ideal for a variety of professional uses, including medical practices, administrative offices, insurance agencies, clerical operations, or other office-based businesses. With its combination of functionality, modern amenities, and a highly desirable location, this property provides the perfect environment for your company's operations, client meetings, and staff productivity, while offering an excellent long-term investment opportunity in a thriving business corridor .Monthly maintenance is $1,616 and includes building maintenance, snow and trash removal, and water (owner pays electric).
Excellent investment opportunity in the highly desirable Florham Park business district. This well-maintained professional office condominium offers a functional layout with reception area, private offices, and flexible workspace suitable for a wide range of professional tenants. The unit is filled with natural light and features neutral finishes that appeal to long-term occupancy and ease of leasing.Located within a well-managed complex with ample parking and strong surrounding commercial demand. Prime Morris County location with convenient access to Routes 10, 24, 287, and 80, as well as nearby retail, dining, and corporate campuses. Ideal for investors seeking stable rental income, low maintenance ownership, and strong tenant demand, or for an owner-user with future leasing potential. A rare opportunity to acquire a professional office asset in one of North Jersey's most sought-after commercial markets.
Your opportunity to own a turnkey hair salon business in one of Parsippany's busiest, most desirable areas. Surrounded by popular stores, restaurants, and steady traffic, this 1,000 sq. ft. salon is perfectly situated for growth and success. Fully equipped salon with chairs, stations, and wash units included. The space also includes a large bathroom for staff and client convenience. High-visibility location in a bustling commercial area, with two parking lots in front and back of building. Current lease may be transferred, tenant responsible for repairs inside building.
Prime Commercial Office/Medical Building For Sale! Excellent opportunity to own a free-standing commercial property, ideally suited for medical or professional office use. Perfectly positioned near Routes 24, 287 & 280, this well-maintained building offers prime space. Previously utilized as a foot clinic, the space is thoughtfully designed with 2 exam rooms, a spacious waiting area with bathroom, enclosed reception, lab space with a small kitchen setup, and a private office featuring its own bathroom. The property also includes a circular driveway with ample on-site private parking, plus prominent signage for maximum business exposure. Ideal for a wide range of practices including dentistry, podiatry, accounting and legal services. This property is move-in ready and provides the perfect platform to grow your business. Don't miss this opportunity! Schedule a showing today!
Business for Sale: Happy Kidz Caf - A Thriving Family Entertainment Destination. Step into a world of fun and creativity with Happy Kidz Caf , a beloved family entertainment venue that combines a vibrant caf atmosphere with engaging play experiences for children. Located in a prime area with high foot traffic, this business has established itself as a go-to destination seeking a safe, enjoyable, and stimulating environment. The caf and play areas are fully equipped with everything needed to operate smoothly, including kitchen appliances, play equipment, and furniture. The business is ready for a new owner to step in and start operating immediately.
Welcome to Mt. Freedom Office Commons in the heart of Randolph. Conveniently located on W. Hanover Ave., close to Sussex Turnpike with quick access to Rt. 10 and all major highways. Pristinely kept office building with two levels and 74 parking spaces. This sleek office space offers two separate entrances and ample space that currently accommodates 3 separate offices with an open conference room. Private and updated kitchenette with refrigerator and private bathroom. Office has a flexible layout that you can keep or open all walls and design new space to suit your needs. Why rent when you can own your own office space at this price? Also for Lease MLS#3988017
Quarter-operated launderette with a drop-off service, a clean environment, and friendly staff. Well-established business for sale. The property is part of a strip mall condo. Prime location with high daily traffic and excellent visibility. Monthly rent including basement is $8,500. Long term lease. Tenant pays CAM.
Fully leased retail / office property on highly trafficked Route 46 on the border of Denville and Rockaway currently running at a 7 CAP rate. There is also a vacant .3 Acre lot which is included in the sale.
Owner used the building for two floors of office space in the past, then built then built an apartment upstairs which he occupies.Great location, with possible addition
Vacant Land, Prime development site just off of Rt 10. The property consist of two lots: (1) 1.88 acres on River Rd zoned PB-1 and (2) 10.49 acres,mostlywetlands, in the rear zoned R-40. Some possible uses: banks, office buildings for business, medical, professional or administrative, and SingleFamily Residences. Traffic count approximately12,000 cars per day.
Prime commercial property located on Route 46 offering excellent visibility and convenient access to major highways. The property sits on approximately 1.5 acres and provides over 30 on-site parking spaces. Improvements include a 4-bedroom, 1-bathroom structure and two oversized garages with a loft.
Elevate your business space with this spacious office condo in Mountain Lakes Business Park with prime highway location! Second floor unit with front an back entrance. Current set up is large open floor place with waiting room, bathroom, and 5 offices- one being large enough for a conference room. The second story loft area over looks the open floor plan. Currently used as office but large enough for another conference area. Plenty of storage as well! Minutes to 287 and Route 80.
This property had been a Veterinary Hospital but in recent years has not been occupied. It runs about $4,026sf approximately based on the footprint not including the full finished walk-out basement. Many systems in need of update and repair but the location is outstanding with arguably the best visibility in town. It also features being on a corner, good for many uses. The value is in the land but the commercial building is restorable and can be redeveloped or replaced within town requirements. It shares road access with 2 homes behind this building but they are not part of this sale. If a buyer wants to buy them as well as the commercial property, that, too can be arranged. One is a single family rental home the other a 2 family rental home priced at $350,000 and $450,000 respectively. A deeded easement exists for access to parking for both homes using the same egress as the commercial property and as easement is in place across the adjacent property to cross it accessing Rt. 46 East. This is an 'AS IS' sale allowing for a due diligence period only.
Prime commercial space on 1st Floor, 1 bedroom apt on 2nd floor and 3 garage bays. Located on East Main Street in the heart of Mendham, NJ a high-visibility, high-traffic location perfect for retail, office, medical, boutique fitness, or professional services. This charming, updated space offers excellent Main Street exposure, large display windows, high ceilings, and an open, flexible floor plan. Located in one of Morris County's most desirable towns, the property features ample on-site and street parking and is just steps from local restaurants, shops, and town services. With easy access to Routes 24, 206, and I-287, this location provides strong demographics, consistent foot traffic, and a vibrant community atmosphere ideal for growing your business. Previously tenant was Dental professional. Available immediately.
LOCATION! LOCATION! LOCATION! BETWEEN TWO MAJOR BANKS PNC & BANK OF AMERICA. PRIME US 46, LEGAL U TURN GOING EAST AT STOP LIGHT. ACROSS FROM TROY HILLS SHOPPING CENTER. INVESTMENT OR OWNER USE. AMPLE PARKING IN FRONT AND REAR. SEPARATE ENTRANCE & EXIT. BIG SIGN EXPOSURE. PUBLIC TRANSPORTATION AT THE DOOR. CLOSE TO INTER STATE 80.
