90 Chestnut St, Morristown Town, NJ 07960
90 Chestnut St, Morristown Town, NJ 07960
90 Chestnut St, Morristown Town, NJ 07960
39
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$1,600,000
Est. payment /mo
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8 Beds
7 Baths
3,673 SqFt
Active

90 Chestnut St Morristown Town, NJ 07960

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Christopher Burns

Christopher Burns

+1(973) 534-4734

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,673 sqft

Price per Sqft $435

MLS Listing ID 4036537

Style 3-Three Story, Duplex-Side by Side

Bedrooms 8

Full Baths 6

Half Baths 2

Year Built 2026

Annual Tax Amount $12,788

Tax Year 2025

Lot Size 0.670 Acres

Property Description

A rare opportunity to acquire a newly reconstructed, fully leased side-by-side legal two-family in one of Morristown's most desirable and walkable neighborhoods. Sold subject to existing leases, this stabilized investment offers immediate rental income with minimal landlord responsibilities, as tenants pay their own gas and electric utilities.The property consists of a 5-bedroom, 3.5-bath residence and a 3-bedroom, 3.5-bath residence, each with private entrances, separate utilities, finished basements, top-floor laundry, and dedicated ground-level storage rooms with separate exterior access. A detached 3-car garage adds further value.Unlike many older multi-family properties in Morristown, this foundation-up reconstructed duplex offers modern construction, high-end finishes, high-efficiency HVAC systems, advanced ERV ventilation, enhanced insulation, and reduced near-term maintenance.Ideally located within walking distance of Morristown Green, Headquarters Plaza, Morristown Medical Center, NJ Transit, major employers, restaurants, shopping, and entertainment. A turnkey investment with immediate cash flow in one of Northern New Jersey's strongest and fastest-growing rental markets. Includes a two-year Home Protection Plan.

Location

State NJ

County Morris

Rooms

Basement Finished, French Drain, Full, Walkout

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors

Heating Electric

Cooling 4+ Units, Central Air, Heatpump, Multi-Zone Cooling

Heat Source Electric

Exterior

Exterior Feature Stucco, Vertical Siding, Vinyl Siding

Parking Features Detached Garage

Garage Spaces 3.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Backs to Park Land, Skyline View

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, Duplex-Side by Side

Schools

Elementary Schools A.Hamilton

Middle Schools Frelghuysn

High Schools Morristown

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by WEICHERT REALTORS

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Christopher Burns

Christopher Burns

Agent | License ID: 1863802

+1(973) 534-4734

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90 Chestnut St