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sales rep | Brivity IDX

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20 King St , Morristown Town, NJ 07960
$645,000
Est. Payment: $3,483.01/mo
7 Bed
3 Bath
0.16 Acres
Status: active | Days on site: 9
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550202 - 285996,305796
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House Description

**Prime Investment Opportunity in the Heart of Morristown!** Bring your vision to 20 King Street, a unique three-family property featuring two separate buildings a two-family home in the front and a single-family home in the rear! Offering tremendous rental income potential, this property presents an exciting opportunity for investors, contractors, or buyers looking to maximize its value. In need of a complete renovation, both buildings offer the chance to transform this property into a fantastic income-producing investment. Ideally located just steps from the Morristown Train Station and a short stroll to vibrant downtown Morristown, where you'll find an incredible selection of restaurants, coffee shops, boutiques, shopping, and nightlife. Enjoy easy access to the Morristown Green, local parks, and all the dining and entertainment along South Street. With its unique layout, desirable location, and exceptional rental income potential, this is an opportunity you won't want to miss. Bring your imagination and unlock the possibilities!

Highlights

Listed by AMANDA CORRY , MP and JESSICA A LOMBARDI , MP COMPASS NEW JERSEY LLC , 973-310-7360. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1900

County

Morris

Listing ID

4061156

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Window A/C(s)
Fireplaces:
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:50X143 AVG
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Vinyl Siding, 1 Car Width
Sewer:Public Sewer
Principal Interest
$3,483
Taxes
$1,148

Home Price

$645,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$129,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,483.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,483.01 $1,147.92 $0.00 $4,630.92
Yearly $41,796.09 $13,775.00 $0.00 $55,571.09
Total $1,253,882.65 $413,250.00 $0.00 $1,667,132.65
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Morristown Town, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:58:39.000Z

© 2026 Garden State MLS