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$645,000 Just Listed
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Property Description
**Prime Investment Opportunity in the Heart of Morristown!** Bring your vision to 20 King Street, a unique three-family property featuring two separate buildings a two-family home in the front and a single-family home in the rear! Offering tremendous rental income potential, this property presents an exciting opportunity for investors, contractors, or buyers looking to maximize its value. In need of a complete renovation, both buildings offer the chance to transform this property into a fantastic income-producing investment. Ideally located just steps from the Morristown Train Station and a short stroll to vibrant downtown Morristown, where you'll find an incredible selection of restaurants, coffee shops, boutiques, shopping, and nightlife. Enjoy easy access to the Morristown Green, local parks, and all the dining and entertainment along South Street. With its unique layout, desirable location, and exceptional rental income potential, this is an opportunity you won't want to miss. Bring your imagination and unlock the possibilities!
Full Property Details
Full Property Details for 20 King St
General
- Price: $645,000
- Taxes: $13,775 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4061156
- Updated: Today (10/26/2026)
- Added to Site: Today
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Location
- County: Morris
- Driving Directions: Morris St to King Street
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units, Baseboard - Hotwater
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street, Natural Gas
Structural Information
- Architectural Style: 2-Two Story, See Remarks
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Utility Room
- Square Feet: 987
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Sunroom
- Square Feet: 1135
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Porch
- Square Feet: 1142
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 50 x 143 AVG
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Assessment Amount: $416,300
- Land Assmt: $366,400
- Tax Amount: $13,775
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 4701
- Lot Number: 57
Listed by Compass New Jersey Llc
Get Pre-Approved Today
Schools
Schools serving 20 King St
School District:Morris Township School District
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 20 King St
Date
Details
Price
Change
Source
10/26/2026
Listed
$645,000
—
MLS
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 20 King St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,328
16%
$782,700
—
2023
$10,645
1%
$782,700
114%
2022
$10,579
1%
$366,300
—
2021
$10,520
1%
$366,300
—
2018
$10,421
3%
$366,300
—
2017
$10,110
3%
$366,300
—
2016
$9,850
2%
$366,300
—
2015
$9,615
-9%
$366,300
—
2019
$10,557
11%
$366,300
—
2013
$9,469
—
$366,300
—
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 20 King St
20 King St, Morristown, NJ 07960 (MLS# 4061156) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 20 King St is currently listed for $645,000 and was received on October 26, 2026. Want to learn more about 20 King St? Do you have questions about finding other Multi-Family real estate for sale in Morristown? You can browse all Morristown real estate or contact a Coldwell Banker agent to request more information.

