Listing Details

1 Pocahontas St,Morristown Town, NJ 07960-8672

  • April 18, 2026

Description

Rare opportunity to own a 4-bedroom, 3 full-bath multi-family property in the desirable Lake Pocahontas section of Morristown. This well-maintained home offers spacious layouts, bright living areas, and excellent flexibility for both investors and owner-occupants. Enjoy private access to Lake Pocahontas, providing a unique lifestyle benefit with opportunities for kayaking, fishing, and relaxing by the water. Conveniently located just minutes from downtown Morristown, NJ Transit, shopping, dining, parks, and major highways.Strong income potential in a highly sought-after location. Don’t miss this exceptional opportunity.

Details

Last Updated On: April 18th, 2026 at 6:27 am
Property ID:PT-38042704-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 780,000 $
Bedrooms:4
Year Built:1916

Additional Details

Listing Details

Status: Active

Location

County: Morris
Lotsize: 35X103
Lot Identifier: 1
Lot Description: Corner, Lake/Water View
Lot Identifier: 1

Home Details

Open Parking: 4
Basement: Yes
Renovated: 2023
Basmnt/Desc: Yes - Finished-Partially, Walkout
Acreage: 0.08
Total Baths: 3.00
Unit Style: 2-Two Story, Under/Over
Number of Units: 2
Rooms: 13
Easement/Desc: No
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: At closing
Unit 1 Appliances/Equipment: Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Washer
Unit 1 Levels: 2
Unit 1 Rooms: 8
Unit 1 Beds: 2
Unit 1 Baths: 2.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Rent: 2600
Unit 1 Room Description: Bedrooms, Dining Room, Family Room, Laundry Room, Rec Room, Storage
Unit 1 Security Deposit: 3900
Unit 2 Appliances/Equipment: Range/Oven - Electric, Refrigerator, Stackable Washer/Dryer
Unit 2 Levels: 1
Unit 2 Rooms: 5
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Rent: 2600
Unit 2 Room Description: Attic, Bedrooms, Kitchen, Living/Dining Room, Porch
Unit 2 Security Deposit: 3900
Garage Description: None
Block Identifier: 3301
County Number: 23
Town Number: 2325
YB/Desc: 1916 - Approximate
Easement: No
Parking/Driveway Description: Blacktop, Driveway-Exclusive
Block Identifier: 3301
County Number: 23
Town Number: 2325
Possession: At closing

Taxes, Fees & Assessments

Gross Operating Income: 59280
Net Operating Income: 42952
Expense Include: Cold Water, Insurance, Maintenance, Taxes
Tax ID For Property: 2324-03301-0000-00001-0000-
Tax Amount: $10,479.00
Tax Year: 2025
Tax Rate: 1.760%
Tax Rate Year: 2025
Land Assessment: $271,200.00
Building Assessment: $377,600.00
Total Assessment: $648,800.00
FHA Age Restricted: No

Utilities

Heat Source: Electric, Gas-Natural
Heat System: 1 Unit, Forced Hot Air, Radiators - Steam
Cool System: 1 Unit, Central Air, Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Features

  • Lake Privileges
  • See Remarks

Statistics

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