249 Speedwell Ave #2, Morristown, NJ 07960

Local realty services provided by:ERA Central Realty Group
249 Speedwell Ave #2,Morristown Town, NJ 07960
$709,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by:robert kobus
Office:coldwell banker realty
MLS#:3980707
Source:NJ_GSMLS

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Price summary

  • Price:$709,999

About this home

Welcome to 249 Speedwell Avenue a fully updated, income-producing two-family home in the heart of one of New Jersey's hottest rental markets. Both apartments one spacious 5-room unit and one charming 4-room unit have been tastefully updated, allowing you to command top-dollar rent from day one with zero renovation downtime.Set on an oversized 0.29-acre lot, this property offers plenty of parking, outdoor space, and potential for future expansion (with approvals). Whether you're an investor seeking immediate cash flow, a house hacker looking to live in one unit while the other covers your mortgage. This property delivers flexibility and profit potential.The location is unbeatable minutes to the Morristown Green, NJ Transit direct to NYC, upscale dining, nightlife, shops, and year-round cultural events. With Morristown's rental demand and property values surging, this is an investment you can hold for appreciation or leverage for short-term gains. Add a premium short-term rental

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Home facts

  • Year built:1898
  • Listing ID #:3980707
  • Added:51 day(s) ago
  • Updated:October 02, 2025 at 12:14 PM

Structure and exterior

  • Year built:1898

Finances and disclosures

  • Price:$709,999
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