Looking for the ultimate house hack in the heart of Morristown? This is it. Imagine living in a stunning, high-end home while your tenant helps cover the mortgage. This isn't just a renovation; it's a masterfully reconstructed property where "all new everything" actually means something. The layout is perfect for owner-occupants: a chic 1-bedroom, 1-bath unit on the first floor and a large 3-bedroom, 2.5-bath spanning the top two levels. Inside, the quality is immediately obvious. We're talking high ceilings, sun-drenched rooms, and gorgeous solid hickory hardwood floors. The kitchens are a dream with solid white wood cabinetry and sleek quartz countertops that flow right into the matching backsplashes.You'll find in-unit laundry for both spaces, top-tier insulation, and professional-grade soundproofing in the walls and ceilings to keep things quiet. Outside, you've got the rare downtown luxury of off-street parking and a sizable backyard for summer hangouts. The best part? You're just steps away from everything Morristown is famous for the Green, the restaurants, the nightlife, and the train. If you've been waiting for a turn-key investment that feels like a luxury home, this is the one.
Under contract
$950,000
11 Cleveland St, Morristown Town, NJ 07960
4beds
1,183sqft
Multi Family
Built in 1906
-- sqft lot
$1,004,800 Zestimate®
$803/sqft
$-- HOA
What's special
- 42 days |
- 90 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Douglas Tucker 973-769-1563,
Compass New Jersey, Llc,
Kelvin Veras
Source: GSMLS,MLS#: 4030422
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3.1
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- 1 Unit, Natural Gas
Cooling
- 1 Unit
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Electric, Washer/Dryer Stacked, Stackable Washer/Dryer, Electric Water Heater, Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Bedrooms, Dining Room, Kitchen, Living Room
- Basement: Yes,Unfinished,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,183
- Total interior livable area: 1,183 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Width, Asphalt
- Uncovered spaces: 2
Features
- Levels: 3-Three Story
- Stories: 3
- Patio & porch: Deck
- Exterior features: Curbs, Sidewalk
- Fencing: Privacy
Lot
- Size: 5,662 Square Feet
- Dimensions: 5528SF
- Features: Level
Details
- Parcel number: 2324052020000000010000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1906
- Major remodel year: 2024
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer, Sewer Charge Extra
- Water: Public, Water Charge Extra
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available, Garbage Included
Community & HOA
Community
- Security: Smoke Detector(s), Smoke Detector, Fire Alarm Sys, Fire Extinguisher
Location
- Region: Morristown
Financial & listing details
- Price per square foot: $803/sqft
- Tax assessed value: $582,500
- Annual tax amount: $6,892
- Date on market: 5/30/2026
- Total actual rent: 5800
- Tenant pays: Electricity, Gas, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
- Electric utility on property: Yes
Estimated market value
$1,004,800
$955,000 - $1.06M
$3,568/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Pending sale | $950,000$803/sqft |
Source:  GSMLS #4030422 Report a problem | ||
| 5/30/2026 | Listed for sale | $950,000-4.6%$803/sqft |
Source: GSMLS #4030422 Report a problem | ||
| 5/22/2026 | Listing removed | $995,900$842/sqft |
Source: GSMLS #4020574 Report a problem | ||
| 4/18/2026 | Listed for sale | $995,900+205.5%$842/sqft |
Source: GSMLS #4020574 Report a problem | ||
| 12/12/2022 | Sold | $326,000-3.6%$276/sqft |
Source: GSMLS #3793246 Report a problem | ||
| 11/18/2022 | Pending sale | $338,000$286/sqft |
Source: GSMLS #3793246 Report a problem | ||
| 10/24/2022 | Listed for sale | $338,000$286/sqft |
Source: GSMLS #3793246 Report a problem | ||
| 9/13/2022 | Contingent | $338,000$286/sqft |
Source: GSMLS #3793246 Report a problem | ||
| 9/13/2022 | Pending sale | $338,000$286/sqft |
Source: GSMLS #3793246 Report a problem | ||
| 8/2/2022 | Listing removed | -- |
Source: GSMLS #3793246 Report a problem | ||
| 8/2/2022 | Pending sale | $338,000$286/sqft |
Source: GSMLS #3793246 Report a problem | ||
| 7/19/2022 | Price change | $338,000-6.1%$286/sqft |
Source: GSMLS #3793246 Report a problem | ||
| 7/1/2022 | Listed for sale | $360,000$304/sqft |
Source: GSMLS #3793246 Report a problem | ||
| 6/21/2022 | Listing removed | -- |
Source: GSMLS #3790463 Report a problem | ||
| 6/20/2022 | Listed for sale | $360,000$304/sqft |
Source: GSMLS #3790463 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,168 -27% | $391,600 +34.7% |
| 2023 | $8,451 +0.6% | $290,800 |
| 2022 | $8,398 +0.6% | $290,800 |
| 2021 | $8,352 -0.3% | $290,800 |
| 2020 | $8,381 +1.3% | $290,800 |
| 2019 | $8,273 +3.1% | $290,800 |
| 2018 | $8,026 +2.6% | $290,800 |
| 2017 | $7,820 +2.4% | $290,800 |
| 2016 | $7,634 +1.1% | $290,800 |
| 2015 | $7,549 +0.4% | $290,800 |
| 2014 | $7,517 -1.9% | $290,800 |
| 2012 | $7,663 +1.9% | $290,800 |
| 2011 | $7,517 +2.3% | $290,800 |
| 2010 | $7,351 +7.7% | $290,800 |
| 2009 | $6,828 | $290,800 |
| 2008 | -- | $290,800 |
| 2007 | -- | $290,800 |
| 2006 | -- | $290,800 |
| 2005 | -- | $290,800 |
| 2004 | -- | $290,800 +112.7% |
| 2003 | -- | $136,700 |
| 2002 | -- | $136,700 |
| 2001 | -- | $136,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 07960
Nearby schools
GreatSchools rating
- 7/10Alexander Hamilton Elementary SchoolGrades: 3-5Distance: 0.4 mi
- 5/10Frelinghuysen Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10Morristown High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: A.hamilton
- Middle: Frelghuysn
- High: Morristown
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Morris County
- Morristown
- 07960
- 11 Cleveland St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Morristown Topics
