90 Chestnut St, Morristown, NJ 07960
Local realty services provided by:ERA Duke Realtors
90 Chestnut St,Morristown Town, NJ 07960
$1,600,000
- 8 Beds
- 6 Baths
- 3,673 sq. ft.
- Multi-family
- Active
Listed by: evgeny onishkevich, kerry cahill-defuccio
Office: weichert realtors908-735-8140
MLS#:4036537
Source:NJ_GSMLS
Price summary
- Price:$1,600,000
- Price per sq. ft.:$435.61
About this home
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....
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Home facts
- Year built:2026
- Listing ID #:4036537
- Added:51 day(s) ago
- Updated:August 14, 2026 at 02:23 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Half bathrooms:2
- Rooms Total:20
- Basement Description:Basement, Finished, French Drain, Full, Walkout
- Living area:3,673 sq. ft.
Heating and cooling
- Cooling:4+ Units, Central Air, Heatpump, Multi-Zone Cooling
- Heating:4+ Units, Forced Hot Air, Heat Pump, Multi-Zone
Structure and exterior
- Roof:Asphalt Shingle
- Year built:2026
- Building area:3,673 sq. ft.
- Lot area:0.67 Acres
- Lot Features:Backs to Park Land
- Architectural Style:3-Three Story, Duplex-Side by Side
- Construction Materials:Stucco, Vertical Siding, Vinyl Siding
- Exterior Features:Thermal Windows/Doors
Schools
- High school:Morristown
- Middle school:Frelghuysn
- Elementary school:A.Hamilton
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$435.61
- Tax amount:$12,788 (2025)
Features and amenities
- Amenities:Carbon Monoxide Detector, Gas-Natural, Smoke Detector, Tile Floors, Wood Floors
Parking
- Parking description:Detached Garage, On-Street Parking
- Garage spaces:3
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