Mixed-Use
Morristown Green Mixed-Use
46 S Park Pl, Morristown, NJ 07960
Listing Price: $3,250,000
Cap Rate
6.00%
Number of Units
4
Occupancy
100.0%
Price/Unit
$812,500
Price/Gross SF
$627.41
Gross SF
5,180
Investment Overview
Marcus & Millichap is pleased to exclusively present 46 South Park Place, Morristown, Morris County, New Jersey.
Morristown Green Mixed-Use
Investment Highlights
- (3) Total Apartment Units over Ground-Floor Retail Consisting of (1) One-Bed One-Bath and (2) Two-Bed Two-Bath
- New 10-Year NN Lease with (2) Five-Year Options for Ground-Floor Mashed Burgers Morristown Restaurant Tenant
- All Three Apartment Units have been Recently Renovated (Pictures Available in Package)
Exclusively Listed By
Listing Price: $3,250,000
Cap Rate
6.00%
Number of Units
4
Occupancy
100.0%
Price/Unit
$812,500
Price/Gross SF
$627.41
Gross SF
5,180
Investment Highlights
- (3) Total Apartment Units over Ground-Floor Retail Consisting of (1) One-Bed One-Bath and (2) Two-Bed Two-Bath
- New 10-Year NN Lease with (2) Five-Year Options for Ground-Floor Mashed Burgers Morristown Restaurant Tenant
- All Three Apartment Units have been Recently Renovated (Pictures Available in Package)
Investment Overview
Marcus & Millichap is pleased to exclusively present 46 South Park Place, Morristown, Morris County, New Jersey.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.