16 Sherman Ave, Morris, NJ 07950

Local realty services provided by:Burgdorff ERA
16 Sherman Ave,Morris Twp., NJ 07950
$825,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:ryan bruen
Office:coldwell banker realty
MLS#:3989718
Source:NJ_GSMLS

Price summary

  • Price:$825,000

About this home

Prime Morris Twp 2-Family with a 4 car detached garage with 2nd Floor storage. This turn-key asset presents significant value-add potential. The 1st Flr unit (1BR+Den) is rented below market at 60 day /mo. The VACANT 2nd Flr unit (2BR) is freshly painted with a new stove & fridge, ready for market. This upper unit also features a fantastic walk-up 3rd floor office/den. A landlord's dream with ALL SEPARATE UTILITIES and a NEW ROOF. Full basement with 2 sets of laundry hookups and dedicated tenant parking on-site. Meticulously maintained and in a fantastic location with a Morris Plains mailing address. This is the low-expense, high-potential investment you've been waiting for!

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Home facts

  • Year built:1937
  • Listing ID #:3989718
  • Added:2 day(s) ago
  • Updated:October 01, 2025 at 05:56 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Cooling:4+ Units, Wall A/C Unit(s)
  • Heating:2 Units, Radiators - Steam

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1937
  • Lot area:0.17 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$825,000
  • Tax amount:$7,697 (2024)
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