18 Sherman Ave, Morris Twp., NJ 07950-1723
- $1,095,000
- $1,095,000
Overview
- Residential Income
- 7
- 3
- 2
Description
RARE MULTI-FAMILY INVESTMENT OPPORTUNITY IN MORRIS PLAINS! TWO HOMES. ONE LOT.GREAT INCOME POTENTIAL! A phenomenal opportunity for investors seeking to expand their portfolio with a unique, income-producing property in Morris Plains! Featuring two separate homes on one lot, low property taxes, long-term tenants already in place, and a prime location within walking distance to direct train service to NYC, this property offers an attractive combination of convenience and investment potential.The main residence features a side-by-side duplex with 3 bedrooms, 1.5 baths, and a spacious basement providing abundant storage. A brand-new roof installed in October 2026 adds further appeal. The separate rear cottage was beautifully renovated in 2024 and offers 1 bedroom, a generously sized living/dining area, and a spacious primary bedroom.Additional highlights include ample off-street parking and private rear patio areas for each residence, providing desirable outdoor space and added tenant appeal.With long-term tenants in place, convenient access to NYC transportation, and the advantage of relatively low property taxes, this distinctive 3 unit property presents an exciting opportunity for investors looking to build long-term wealth through real estate. Explore the income potential, evaluate the numbers, and discover the possibilities this exceptional investment has to offer!Two homes. One property. A compelling opportunity to grow your portfolio in Morris Plains! Not to be missed!
Address
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Address: 18 Sherman Ave, Morris Twp., NJ 07950-1723
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City: Morris Twp.
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State/county: NJ
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Zip/Postal Code: 07950-1723
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Area: Morris Plains
Details
Updated on October 22, 2026 at 3:50 pm-
Property ID HZ4060667
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Price $1,095,000
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Land Area 0.17 Acres
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Bedrooms 7
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Rooms 15
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Bathrooms 3
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Garages 2
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Year Built 1928
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Property Type Residential Income
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Property Status Coming Soon
Additional details
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Roof Asphalt Shingle
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Utilities Electric, Gas-Natural
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Sewer Public Sewer
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Cooling None
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Heating 3 Units
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County Morris
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Property Type Residential Income
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Elementary School Alfredvail
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Middle School Frelghuysn
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High School Morristown
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Architectural Style 1-One Story, Duplex-Side by Side
Features
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