20 King St
Morristown Town, NJ 07960
Price: $645,000
GSMLS: 4061156Type: Multi-Family
Style: 2-Two Story, See Remarks
Total Units: 3
Beds: 7
Baths: 3 Full
Garage: No
Year Built: 1900
Acres: 0.16
Property Tax: $13,775
Description
**Prime Investment Opportunity in the Heart of Morristown!** Bring your vision to 20 King Street, a unique three-family property featuring two separate buildings a two-family home in the front and a single-family home in the rear! Offering tremendous rental income potential, this property presents an exciting opportunity for investors, contractors, or buyers looking to maximize its value. In need of a complete renovation, both buildings offer the chance to transform this property into a fantastic income-producing investment. Ideally located just steps from the Morristown Train Station and a short stroll to vibrant downtown Morristown, where you'll find an incredible selection of restaurants, coffee shops, boutiques, shopping, and nightlife. Enjoy easy access to the Morristown Green, local parks, and all the dining and entertainment along South Street. With its unique layout, desirable location, and exceptional rental income potential, this is an opportunity you won't want to miss. Bring your imagination and unlock the possibilities!
General Info
Style:
2-Two Story, See Remarks
SqFt Building:
n/a
Total Rooms:
14
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X143 AVG
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width
Spaces Available:
5
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Living Room, Sunroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Porch
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Baseboard - Hotwater
Heating Fuel:
Electric, Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Morris
Town:
Morristown Town
Neighborhood:
n/a
Financial Considerations
List Price:
$645,000
Tax Amount:
$13,775
Land Assessment:
$366,400
Build. Assessment:
$416,300
Total Assessment:
$782,700
Tax Rate:
1.76
Tax Year:
2025
Listing Information
MLS ID:
4061156
List Date:
10-26-2026
Days On Market:
1
Listing Broker:
COMPASS NEW JERSEY LLC
Listing Agent:
Amanda Corry
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com
