Link Copied
Listed price in listed location currency (USD).
$825,000

320

MLS® 3989718

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes $7,697
Days Active 102
Approx. Age 1937
MLS® Number 3989718

Property Address: 16 Sherman Ave, Monroe Twp, NJ, 08831-8652

Average square foot calculated using Size range provided by listing agent.

Description

Prime Morris Twp 2-Family with a 4 car detached garage with 2nd Floor storage. This turn-key asset presents significant value-add potential. The 1st Flr unit (1BR+Den) is rented below market at 60 day /mo. The VACANT 2nd Flr unit (2BR) is freshly painted with a new stove & fridge, ready for market. This upper unit also features a fantastic walk-up 3rd floor office/den. A landlord's dream with ALL SEPARATE UTILITIES and a NEW ROOF. Full basement with 2 sets of laundry hookups and dedicated tenant parking on-site. Meticulously maintained and in a fantastic location with a Morris Plains mailing address. This is the low-expense, high-potential investment you've been waiting for!
MLS® Number3989718
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1937
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Oct 1, 2025List Date
$825,000List Price
  • Commute

Commute

Starting Address
Destination Address
16 Sherman Ave, Monroe Twp, NJ

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties