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Sold for $1,900,000
  • $1,900,000

    26 Franklin Pl, Morristown, NJ 07960

    6beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $2,038,200 Zestimate®
    $--/sqft
    $4,525 Estimated rent

    Home value

    $2,038,200

    $1.83M - $2.28M

    $4,525/mo

    Zestimate® history
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    $4,525/mo

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    $10,883/mo

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    What's special

    Here is your chance to own a 4 unit building on a picture perfect street in the heart of Morristown, with ample parking and tons of upside! Located on a wide, tree-lined street, between South St. & Morris and equidistant to the Morristown Green, 287 and the Morristown Train Station, you will not find a better location! Currently, this property consists of 4 units in total, 3 in the front house and 1 in the separate carriage house located in the back of the property. 1st floor was used as a doctor's office, and would be ideal for the owner occupant looking to purchase an income property while opening their own business in the professional office space below. Or, you can look into renovating the 1st floor professional space into 1 or 2 more residential units (Please check with the town and do your own due diligence on what could be allowed). 2nd, 3rd and Carriage house residential units are all nicely renovated as of 2022/23 and have fantastic tenants who are all looking to stay.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michele Zyska 646-480-7665,

    Serhant New Jersey LLC

    Bought with:

    Jacqueline Rossi

    Coldwell Banker, Morristown

    Source: NJMLS,MLS#: 24029040MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Appliances
    • Laundry: In Unit

    Property

    Parking
    • Total spaces: 7

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

    Community & HOA

    Location
    • Region: Morristown

    Financial & listing details

    • Annual tax amount: $22,768
    • Date on market: 9/9/2024
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    12/11/2024Sold$1,900,000+5.6%
    Source: NJMLS #24029040 Report a problem
    10/7/2024Pending sale$1,799,000
    Source: GSMLS #3923238 Report a problem
    9/9/2024Listed for sale$1,799,000+15.1%
    Source: NJMLS #24029040 Report a problem
    4/30/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/18/2023Listed for rent$3,300+6.5%
    Source: Zillow Rentals Report a problem
    7/17/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/29/2023Price change$3,100-6.1%
    Source: Zillow Rentals Report a problem
    6/16/2023Price change$3,300-2.9%
    Source: Zillow Rentals Report a problem
    5/10/2023Listed for rent$3,400+36%
    Source: Zillow Rentals Report a problem
    4/15/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/23/2022Price change$2,500-9.1%
    Source: Zillow Rentals Report a problem
    12/20/2022Listed for rent$2,750+10%
    Source: Zillow Rentals Report a problem
    12/20/2022Listing removed--
    Source: Zillow Rentals Report a problem
    12/19/2022Price change$2,500-9.1%
    Source: Zillow Rentals Report a problem
    12/11/2022Listed for rent$2,750+8.9%
    Source: Zillow Rentals Report a problem
    10/21/2022Sold$1,562,500+7.8%
    Source: GSMLS #3783937 Report a problem
    7/11/2022Listing removed--
    Source: GSMLS #3783937 Report a problem
    5/20/2022Listed for sale$1,450,000
    Source: GSMLS #3783937 Report a problem
    2/9/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/9/2020Price change$2,525-2.9%
    Source: COLDWELL BANKER REALTY #3644027 Report a problem
    6/28/2020Listed for rent$2,600
    Source: COLDWELL BANKER REALTY #3644027 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 07960

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,038,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,038,200