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16 Sherman Ave, 
Morris Twp., NJ 07950

$825,000


Bed


2

Baths


-

Sq Ft


Multi-Family

Active

973-267-8990

Last updated:

October 1, 2025, 05:56 PM

MLS#

3989718

Source:

NJ GSMLS

Company Logo

About This Home

16 Sherman Ave

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!

Home Facts

Multi-Family

2 Baths

Built in 1937

Price Summary

825,000

MLS #:

3989718

Last Updated:

October 1, 2025, 05:56 PM

Added:

8 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Architectural Style:

Under/Over

Year Built:

1937


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$825,000

16 Sherman Ave
Source:NJ GSMLS
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. 2025 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 1, 2025

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