5-7 Stiles Ave Morris Plains, NJ $ 725,000
5-7 Stiles Ave
$ 725,000
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5-7 Stiles Ave

Morris Plains, NJ, 07950
$ 725,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 4,819

5-7 Stiles Ave, Morris Plains, NJ 07950 - Image 1

Multi-Family Home for sale in Morris Plains, NJ

for $725,000 with 4 bedrooms and 2 full baths. This home was built in 1940 on a lot size of 0.13.

Welcome to a fantastic opportunity to own a meticulously maintained multi-family home in the desirable Morris Plains! This side-by-side duplex offers identical layouts on each side, providing excellent potential for rental income or alternative living. Mirror-Image Layouts: Each unit features 2 comfortable bedrooms, 1 full bathroom, a spacious living room, and an eat-in kitchen, ensuring consistent appeal to tenants. Enjoy the charm of a front enclosed porch, perfect for relaxing, and a small rear enclosed porch for added convenience. Full, Unfinished Basements: Each unit boasts a full, unfinished 1/2 basement, offering ample storage or potential for future customization. Expand your storage options with walk-up 1/2 attics. Each unit is equipped with a dishwasher, refrigerator, and washer/dryer. Each unit has its own laundry located in the basement. Outdoor Living: A level, open backyard provides plenty of space for outdoor activities and enjoyment. Ample Parking: Each side of the house offers driveway parking, approximately 1 car wide and potentially 3 cars deep.Recent Upgrades: New Roof (2024); Updated Electric Service with Generator Plug-In (2024); New Furnace on Left Side (2023); Chimney Liners Recently Done; Replacement Windows. This property presents a prime investment opportunity in a sought-after Morris Plains location. With identical layouts and recent updates, you can attract quality tenants.

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Multi-Family Pending

Price

$ 725,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 10,002

Style

Duplex-Side by Side

Lot Size

0.13

Year Built

1940

Town/City

Morris Plains

County/Region

Morris

MLS | Web ID

3952150

Features
General
Interior Features Carbon Monoxide Detector Fire Extinguisher Smoke Detector
Sewer Public Sewer
Heating 2 Units
Cooling 2 Units
Utilities Electric Gas-Natural
Possession Nego
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 0
Architectural Style Duplex-Side by Side
Year Built 1940
Township Morris Plains Boro
Tax Year 2024
Gross Income 0
County Morris
Net Operating Income 0
Operating Expense 0
Total Rooms 8
Full Baths 2
Status Under Contract
Directions West Hanover Ave to Stiles Ave
High School Morristown
Open Parking Spaces 6
Number Of Units Total 2
Elementary School Borough
Tax Annual Amount 10002
Home Warranty Y/N No
Middle/Junior High School Borough
Drive Crushed Stone
Standard Status Under Contract
Tax Assessed Value 403000
Town # 2323
Tax Lot 11
Farm Assessment No
Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 4
Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions .132 AC
Lot Size Acres 0.13
* Excluded Features
List By
RYAN BRUEN

Listing Agent

Coldwell Banker Realty

Broker

ryan@bruenrealestate.com

Email

Affordability Calculator

$5,652
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,819
Monthly Property Taxes
$834
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5072400 Elementary School
289056 Middle School
Morristown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2025$725,000 Listed Price

Map


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5-7 Stiles Ave, Morris Plains, NJ, 07950 is a Multi-Family Home for sale at $725,000 with a lot size of 0.13. 5-7 Stiles Ave has 4 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 07950 which is in Morris Plains, NJ