18 Sherman Ave, Morris Twp., NJ 07950-1723
  • $1,095,000

Overview

Property ID: HZ4060667
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Garages

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: 18 Sherman Ave, Morris Twp., NJ 07950-1723
  • City: Morris Twp.
  • State/county: NJ
  • Zip/Postal Code: 07950-1723
  • Area: Morris Plains

Details

Updated on October 22, 2026 at 3:50 pm
  • Property ID HZ4060667
  • Price $1,095,000
  • Land Area 0.17 Acres
  • Bedrooms 7
  • Rooms 15
  • Bathrooms 3
  • Garages 2
  • Year Built 1928
  • Property Type Residential Income
  • Property Status Coming Soon

Additional details

  • Roof Asphalt Shingle
  • Utilities Electric, Gas-Natural
  • Sewer Public Sewer
  • Cooling None
  • Heating 3 Units
  • County Morris
  • Property Type Residential Income
  • Elementary School Alfredvail
  • Middle School Frelghuysn
  • High School Morristown
  • Architectural Style 1-One Story, Duplex-Side by Side

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