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Property Description
Positioned in the heart of Bernardsville, one of New Jersey's most prestigious and sought-after communities, this rare mixed-use opportunity offers exceptional flexibility for both investors and owner-occupants with HIGH visibility! Just steps from the Bernardsville Train Station, acclaimed restaurants, boutique shopping, cafes, parks, and local entertainment, the location is simply unmatched. The property is currently configured with a commercial storefront on the main level and a one-bedroom, one-bath apartment above and will be delivered completely vacant, allowing the next owner to immediately bring their vision to life. For business owners and professionals, the first floor presents an ideal opportunity for office, retail, service, or professional use while benefiting from potential rental income generated by the residential unit above. Investors will appreciate the ability to lease both spaces independently, creating multiple income streams in a highly desirable downtown location. Whether you're seeking an owner-occupied investment, a headquarters for your business, or a pure income-producing asset, the true value lies in the flexibility and long-term potential this property offers. Opportunities like this are increasingly rare in downtown Bernardsville, where walkability, convenience, and strong market fundamentals continue to drive demand. Several photos are virtually enhanced & rendered. Buyers to do due diligence as to permitted uses.
Full Property Details
Full Property Details for 23 Morristown Rd
General
- Price: $549,000
- Taxes: $8,626 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4036852
- Updated: 6/25/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Appliances, Fire Alarm, Kitchen Area, Restrooms - Private, Sign - Freestanding, Smoke Detector
Parking
- Parking: Additional Parking, Blacktop, See Remarks
Location
- County: Somerset
- Driving Directions: Mine Brook to Morristown
- Location Details: Business District, Freestanding, See Remarks
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Oil Tank Above Ground - Inside
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: CedarSid
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Ceiling Height: 8
- Door Dimensions: 7
- Bays: 4
- Stories in Building: 2
- Square Feet: 1,512
- Aprox. Leasable: 1,512 Sq. Ft.
- Office: 792 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.15
- Lot Size: .15AC
- Zoning: D-CO
Financial Considerations
- Price Per Sq. Ft.: $363
- Assessment Amount: $480,200
- Land Assmt: $310,200
- Tax Amount: $8,626
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2703-00125-0000-00006-0000-
- Block: 125
- Lot Number: 6
Listed by Signature Realty Nj
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Schools
Schools serving 23 Morristown Rd
School District:Somerset Hills Regional School District
| Name | Grades | Distance |
|---|---|---|
Bedwell Elementary School 141 Seney Drive, Bernardsville, NJ 07924 | PK-4 | 1 mi |
Bernardsville Middle School 141 Seney Drive, Bernardsville, NJ 07924 | 5-8 | 1 mi |
Bernards High School 25 Olcott Avenue, Bernardsville, NJ 07924 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23 Morristown Rd
Date
Details
Price
Change
Source
6/25/2026
Listed
$549,000
66.36%
MLS
7/25/2018
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23 Morristown Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,231
9%
$454,500
16%
2022
$7,546
7%
$392,000
14%
2022
$7,043
-4%
$343,000
-1%
2021
$7,301
4%
$348,000
1%
2019
$7,041
-11%
$345,500
-13%
2018
$7,904
3%
$397,000
—
2017
$7,650
3%
$397,000
1%
2016
$7,410
3%
$395,000
1%
2015
$7,201
5%
$392,000
1%
2013
$6,870
—
$388,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23 Morristown Rd
23 Morristown Rd, Bernardsville, NJ 07924 (MLS# 4036852) is a Retail property. 23 Morristown Rd is currently listed for $549,000 and was received on June 25, 2026. Want to learn more about 23 Morristown Rd? Do you have questions about finding other Retail real estate for sale in Bernardsville? You can browse all Bernardsville real estate or contact a Coldwell Banker agent to request more information.

