90 Chestnut St, Morristown, NJ 07960

Morristown
Local realty services provided by:Better Homes and Gardens Real Estate Elite
90 Chestnut St,Morristown Town, NJ 07960
$1,600,000
  • 8 Beds
  • 6 Baths
  • 3,673 sq. ft.
  • Multi-family
  • Pending
Listed by: evgeny onishkevich, kerry cahill-defuccio
Office: weichert realtors908-735-8140
MLS#:4058786
Source:NJ_GSMLS

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$435.61

About this home

FULLY LEASED 7.84% GROSS RENTAL YIELD AT $1.6M ASKING PRICE! Exceptional opportunity to acquire a 2026 foundation-up reconstructed legal two-family in walkable Morristown. Unlike the typical older multifamily property, this side-by-side duplex combines immediate income from two long-term leases with the quality and efficiency of modern construction; tenants pay their own gas and electric. One residence offers 5 bedrooms and 3.5 baths, the other 3 bedrooms and 3.5 baths, each including finished lower-level living space with a bedroom and full bath. Both enjoy private entrances, separate utilities, upper-level laundry, contemporary kitchens with quartz countertops and generous islands, hardwood flooring, and beautifully tiled bathrooms. Extensive reconstruction includes new structural components, electrical, plumbing, high-efficiency HVAC, ERV ventilation, and enhanced insulation. A detached garage and three separately accessed storage rooms add functionality. Set on approximately...

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Home facts

  • Year built:2026
  • Listing ID #:4058786
  • Added:16 day(s) ago
  • Updated:October 31, 2026 at 09:12 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6
  • Full bathrooms:6
  • Half bathrooms:2
  • Rooms Total:20
  • Basement Description:Basement, Finished, French Drain, Full, Walkout
  • Living area:3,673 sq. ft.

Heating and cooling

  • Cooling:4+ Units, Central Air, Heatpump, Multi-Zone Cooling
  • Heating:4+ Units, Forced Hot Air, Heat Pump, Multi-Zone

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:2026
  • Building area:3,673 sq. ft.
  • Lot area:0.67 Acres
  • Lot Features:Backs to Park Land
  • Architectural Style:3-Three Story, Duplex-Side by Side
  • Construction Materials:Stucco, Vertical Siding, Vinyl Siding
  • Exterior Features:Thermal Windows/Doors

Schools

  • High school:Morristown
  • Middle school:Frelghuysn
  • Elementary school:A.Hamilton

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$435.61
  • Tax amount:$12,788 (2025)

Features and amenities

  • Amenities:Carbon Monoxide Detector, Gas-Natural, Smoke Detector, Tile Floors, Wood Floors

Parking

  • Parking description:Detached Garage, On-Street Parking
  • Garage spaces:3
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated October 31, 2026

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