11 Cleveland St, Morristown, NJ 07960

Morristown
Local realty services provided by:ERA Central Realty Group
11 Cleveland St,Morristown Town, NJ 07960
$995,900
  • 4 Beds
  • 3 Baths
  • 1,183 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Apr 18
    01:00 pm - 04:00 pm
Listed by: douglas tucker, kelvin veras
Office: compass new jersey, llc.973-315-8180
MLS#:4020574
Source:NJ_GSMLS

Price summary

  • Price:$995,900
  • Price per sq. ft.:$841.84

About this home

ATTENTION INVESTORS: TENANT IN PLACE & BEING SOLD AS A RENTAL PROPERTY!!! Quality tenants in place in this like new two-family home. 2 leases in place. One lease recently signed for 2 years at $3,500/month and the other lease is signed at $2300/month and has one year remaining. Yearly Financials: Rent: $69,600 Property Taxes: $9,512, Sewer Costs: $400 Net Operating Income: $58,728 Walk to everything in Morristown location (train, school, downtown). Fully reconstructed home with all new everything. Laundry is private and inside the units. Off Street parking spaces. Top notch insulation and soundproofing in walls and ceilings. Rebuilt masterfully and with great care. Sizable backyard. Bathrooms are spacious with great water pressure from the new plumbing. Good ceiling height with tons of natural light, solid hardwood hickory floors. Kitchen countertops and backsplash are solid quartz and cabinets / vanities are solid wood. This property is being offered as a rental investment with a...

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Home facts

  • Year built:1906
  • Listing ID #:4020574
  • Added:3 day(s) ago
  • Updated:April 18, 2026 at 02:26 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Half bathrooms:1
  • Rooms Total:12
  • Basement Description:Basement, Unfinished
  • Living area:1,183 sq. ft.

Heating and cooling

  • Cooling:1 Unit
  • Heating:1 Unit

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1906
  • Building area:1,183 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Level Lot
  • Architectural Style:3-Three Story
  • Construction Materials:Aluminum Siding
  • Exterior Features:Curbs, Deck, Privacy Fence, Sidewalk

Schools

  • High school:Morristown
  • Middle school:Frelghuysn
  • Elementary school:A.Hamilton

Utilities

  • Water:Public Water, Water Charge Extra
  • Sewer:Public Sewer, Sewer Charge Extra

Finances and disclosures

  • Price:$995,900
  • Price per sq. ft.:$841.84
  • Tax amount:$6,892 (2025)

Features and amenities

  • Amenities:Fire Alarm Sys, Fire Extinguisher, Gas-Natural, High Ceilings, Smoke Detector

Parking

  • Parking description:2 Car Width, Blacktop Driveway
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. 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. This information is being provided 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. Date Last Updated April 18, 2026

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