59 Franklin St | Morristown, NJ 07960
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59 Franklin St
Morristown, NJ 07960
Mixed-Use/Residential - Motivated Ownership! · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Zoned for medical and residential
- 1/2 Mile to NJ Transit Train Station
- ADA Compliant with wheelchair lift
- 1/2 Mile to Morristown Memorial Hospital
- Abundant on-site parking
- Residential conversion possible
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
5,000 SF
Building Class
B
Year Built
1930
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,667 SF
Building FAR
0.21
Lot Size
0.55 AC
Zoning
R-3 - 2.5 Story Building - Commercial/Single Family
Zoned for both medical offices on the first floor and a single apartment on the second floor.
Parking
19 Spaces (3.8 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Reception
- Monument Signage
PROPERTY TAXES
| Parcel Number | 24-04303-0000-00001 | Improvements Assessment | $920,500 |
| Land Assessment | $427,600 | Total Assessment | $1,348,100 |
PROPERTY TAXES
Parcel Number
24-04303-0000-00001
Land Assessment
$427,600
Improvements Assessment
$920,500
Total Assessment
$1,348,100
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