114 Maple Avenue

Morristown, NJ 07960

$799,900
Price
3
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A unique opportunity in the heart of Morristown's historic district, one block from South Street. This is a mixed-use three-unit building. First-floor commercial office, second-floor two-bedroom apartment and third-floor one-bedroom apartment. The first floor is vacant and is perfect for professional or medical use. The last tenant was a chiropractor. This floor includes a waiting room, two offices, a powder room, storage, and a kitchenette. The second floor features a kitchen, full bath, two bedrooms,...A unique opportunity in the heart of Morristown's historic district, one block from South Street. This is a mixed-use three-unit building. First-floor commercial office, second-floor two-bedroom apartment and third-floor one-bedroom apartment. The first floor is vacant and is perfect for professional or medical use. The last tenant was a chiropractor. This floor includes a waiting room, two offices, a powder room, storage, and a kitchenette. The second floor features a kitchen, full bath, two bedrooms, and a living room. This unit is currently occupied. The third floor is vacant. This unit features a kitchen, full bath, one bedroom, living room, and storage room. The fire escape is at the rear of the building. The front porch is available for use by all three tenants. The rear porch is for the first-floor tenant. There is a five-car parking lot. Currently, the parking lot is set up this way: two spaces for the first floor, one for the second floor, and one for the third floor. The third space is open for guests. Second-floor lease expires June 1st but could stay on. This property hasn't been on the market in decades. Very rare mixed-use building with a parking lot, especially in this neighborhood. Just minutes to Morristown Green and NYC train. For all questions about usage, changes in usage, & variances, please refer to the Town of Morristown Zoning Department. Seller and broker make no representations as to anything other than its current configuration. SQ is approximate.
  1. Listed by RYAN DAWSON • WEICHERT REALTORS

Property Details for 114 Maple Avenue

Directions
South Street to James Street to right on Maple Ave. The property is on the right next to Doyle Funeral Home, parking lot is part of this property.
Days On Market
2
Section/Subdiv/Development
Downtown

Location

Listing Courtesy of WEICHERT REALTORS, RYAN DAWSON
Add your commute
LISTING UPDATED: 04/26/2024 03:02 AM

Property Details for 114 Maple Avenue

StatusActive
MLS #3898054
Days on Market10
Taxes$10,601 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyMorris County

Location

Listing Courtesy of WEICHERT REALTORS, RYAN DAWSON
Add your commute

Building Information for 114 Maple Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$5,249 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,365

Property Taxes

$883

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 114 Maple Avenue

Summary
Location and General Information
  • Zoning: Mix Use
  • Middle/Jr High School: Frelghuysn
  • Grade School: K-2;3-5
  • High School: MTWN 9-12
  • Active Days on Market: 2
  • County #: Morris
  • Town Name: Morristown Town
  • Block Identifier: 6201
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Tan
  • Town #: 2325.0
  • Street # Display: 114.0
  • # Parking Spaces: 5
  • County Or Parish: Morris
  • Street Name: Maple Ave
  • Zip Code: 07960-8613
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $10,601
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 364800.0
  • Tax ID For Property: 2324-06201-0000-00004-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Common, On-Street Parking, Parking Lot-Exclusive
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 4
  • Approximate Lot Size: 3811SF
  • Total Acres: 0.09
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 138000.0
  • Assessment Land: 226800.0
  • Farm Assessment: No
Utilities
  • Cooling: Central Air, No Cool, See Remarks
  • Services: Cable TV Available, Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Baseboard - Hotwater
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es)
Interior Features
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 0
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 9999.0
  • Unit 1 Room Description: See Remarks
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 800.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 06-01-2024
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2000.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 3000.0
  • Unit 2 Sq Ft: 800.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 9999.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 9999.0
  • Unit 3 Sq Ft: 435.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $17,000.00
  • Expenses Include: Cold Water, Insurance, Maintenance, Taxes
  • Net Operating Income: $43,600.00
  • Gross Operating Income: $60,600.00
Rental
Rental Information
  • Home Warranty: false

Property History for 114 Maple Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 114 Maple Avenue

Taxable ValueLand$226,800Additions$138,000Total$364,800
Tax Record2022$10,918 ($910 / month)
Home Facts
Total Finished SqFt2,272 SqFtAbove Grade Finished SqFt2,272 SqFtStories3Lot Size3,812 SqFtStyleMiscellaneous CommercialYear Built1900ZoningORCCountyMORRISAPN24 06201-0000-00004

Schools near 114 Maple Avenue

This home is within Morris School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 2
Public - K to 2
Public - 3 to 5
Rating
School
Distance
Hillcrest Elementary School
PublicPK to 2

Alfred Vail Elementary School
PublicPK to 2

Woodland School
PublicK to 2

Thomas Jefferson Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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114 Maple Avenue is a multi-family home for sale in Morristown, NJ 07960. This property was listed for sale on April 24, 2024 by WEICHERT REALTORS, it's currently listed at $799,900. This listing's school district is Morris School District. Nearby schools include Hillcrest Elementary School, Alfred Vail Elementary School and Woodland School. 114 Maple Avenue is a 3-bed, 2.5-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS, RYAN DAWSON

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/04/2024 10:50 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.