NJ > Morris Twp.
Morris Twp., NJ 07950,16 Sherman Ave
Morris Twp., NJ 07950,16 Sherman Ave
Morris Twp., NJ 07950,16 Sherman Ave
Morris Twp., NJ 07950,16 Sherman Ave
Morris Twp., NJ 07950,16 Sherman Ave
Morris Twp., NJ 07950,16 Sherman Ave
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Katora Yim

Katora Yim

+1(732) 693-4545
$ 825,000
Est. payment | /mo

3 Beds

2 Baths

7,405 Sqft Lot

Save
$ 825,000
Est. payment | /mo
Save

3 Beds

2 Baths

7,405 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3989718

Style Under/Over

Bedrooms 3

Full Baths 2

Year Built 1937

Annual Tax Amount $7,697

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

Prime Morris Twp 2-Family with a 4 car detached garage with 2nd Floor storage. This turn-key asset presents significant value-add potential. The 1st Flr unit (1BR+Den) is rented below market at 60 day /mo. The VACANT 2nd Flr unit (2BR) is freshly painted with a new stove & fridge, ready for market. This upper unit also features a fantastic walk-up 3rd floor office/den. A landlord's dream with ALL SEPARATE UTILITIES and a NEW ROOF. Full basement with 2 sets of laundry hookups and dedicated tenant parking on-site. Meticulously maintained and in a fantastic location with a Morris Plains mailing address. This is the low-expense, high-potential investment you've been waiting for!

Location

State NJ

County Morris

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector

Heating Gas-Natural

Cooling 4+ Units, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage, Loft Storage

Garage Spaces 4.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style Under/Over

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY

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Katora Yim
Katora Yim

REALTOR® | Lic# 9804062

+1(732) 693-4545

300 Main St Unit 2, Bradley Beach NJ 07720

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16 Sherman Ave