Real Estate Investment Properties for Sale in Morristown, NJ

Looking for investment property in Morristown, NJ with high ROI ?

Explore a variety of short-term homes & houses in Morristown, NJ. Invest wisely with VRBO & Morristown, NJ Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Morristown, NJ

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
103 Woodcrest Dr Morristown, NJ Beautifully cared for 1st floor condo, 1 floor living. NO STAIRS! Numerous upgrades throug...	1 beds \| 1 baths \| N/A	$335,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 3.94% Airbnb Rental Income: $2652 Traditional Rental Income: $2328 Airbnb ROI: 2.97% Traditional ROI: 3.94%
282 Mount Kemble Ave Morristown, NJ Beautiful New Construction, only a short distance to Downtown Morristown! Open floorplan a...	5 beds \| 3 baths \| 3,100 sq.ft.	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.03% Airbnb Rental Income: $null Traditional Rental Income: $2250 Airbnb ROI: N/A Traditional ROI: 1.03%
22 Franklin Pl Morristown, NJ Charming 4 bed 2 full bath 2 level townhome located in the desirable and central downtown ...	4 beds \| 2 baths \| 1,403 sq.ft.	$774,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 3.39% Airbnb Rental Income: $6426 Traditional Rental Income: $4944 Airbnb ROI: 3.7% Traditional ROI: 3.39%
54 Hillairy Ave Morristown, NJ Spacious 4 Bedroom Cape with a large Walk out basement and 2 full baths. Level lot with a...	4 beds \| 2 baths \| 1,300 sq.ft.	$675,000	Airbnb cash on cash: 6.11% Traditional cash on cash: 5.76% Airbnb Rental Income: $6426 Traditional Rental Income: $4944 Airbnb ROI: 6.11% Traditional ROI: 5.76%
1 Southern Slope Ter Morristown, NJ Welcome to your dream home in Morristown, NJ! This luxurious custom-built estate seamlessl...	6 beds \| 3 baths \| 6,355 sq.ft.	$1,575,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.88% Airbnb Rental Income: $null Traditional Rental Income: $6474 Airbnb ROI: N/A Traditional ROI: 0.88%
60 Chestnut St #2 Morristown, NJ This end-unit townhome sits steps from the Morristown Green and everything downtown offers...	3 beds \| 3 baths \| N/A	$725,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 0.71% Airbnb Rental Income: $4547 Traditional Rental Income: $3366 Airbnb ROI: 1.05% Traditional ROI: 0.71%
320 S STREET 4F #F Morristown, NJ Welcome to Parsons Village, a beautifully maintained and highly desirable community in the...	1 beds \| 1 baths \| N/A	$325,000	Airbnb cash on cash: -0.37% Traditional cash on cash: -0.61% Airbnb Rental Income: $2652 Traditional Rental Income: $1949 Airbnb ROI: -0.37% Traditional ROI: -0.61%
31 Garden St Morristown, NJ 31 Garden St, Morristown, NJ 07960 \| Single Family Residential	3 beds \| 2 baths \| N/A	$575,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 3.15% Airbnb Rental Income: $4547 Traditional Rental Income: $3648 Airbnb ROI: 3.06% Traditional ROI: 3.15%
58 Chestnut St #1 Morristown, NJ	2 beds \| 3 baths \| N/A	$650,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.87% Airbnb Rental Income: $3584 Traditional Rental Income: $2784 Airbnb ROI: -0.84% Traditional ROI: -0.87%
4 Perry St Morristown, NJ 4 Perry St, Morristown, NJ 07960 \| Multi Family	3 beds \| 3 baths \| 3,500 sq.ft.	$1,599,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -1.31% Airbnb Rental Income: $3584 Traditional Rental Income: $3315 Airbnb ROI: -1.66% Traditional ROI: -1.31%
1 Conklin Ave Morristown, NJ 1 Conklin Ave, Morristown, NJ 07960 \| Single Family Residential	2 beds \| 2 baths \| N/A	$635,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 0.3% Airbnb Rental Income: $3584 Traditional Rental Income: $2332 Airbnb ROI: 1.09% Traditional ROI: 0.3%
40 Park #502 Morristown, NJ 40 Park #502, Morristown, NJ 07960 \| Condo/Coop	2 beds \| 2 baths \| 1,346 sq.ft.	$1,150,000	Airbnb cash on cash: -1.82% Traditional cash on cash: -1.84% Airbnb Rental Income: $3584 Traditional Rental Income: $2784 Airbnb ROI: -1.82% Traditional ROI: -1.84%
320 South #F Morristown, NJ 320 South #F, Morristown, NJ 07960 \| Townhouse	2 beds \| 1 baths \| N/A	$524,000	Airbnb cash on cash: -1.24% Traditional cash on cash: -1.26% Airbnb Rental Income: $3584 Traditional Rental Income: $2784 Airbnb ROI: -1.24% Traditional ROI: -1.26%
20 Mount Pleasant Rd Morristown, NJ 20 Mount Pleasant Rd, Morristown, NJ 07960 \| Single Family Residential	7 beds \| 7 baths \| N/A	$3,850,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.63% Airbnb Rental Income: $null Traditional Rental Income: $6717 Airbnb ROI: N/A Traditional ROI: -1.63%
59 Whitney Farm Pl Morristown, NJ 59 Whitney Farm Pl, Morristown, NJ 07960 \| Condo/Coop	3 beds \| 2 baths \| N/A	$1,150,000	Airbnb cash on cash: -0.78% Traditional cash on cash: -0.74% Airbnb Rental Income: $4547 Traditional Rental Income: $3648 Airbnb ROI: -0.78% Traditional ROI: -0.74%
371/2 James St Morristown, NJ 371/2 James St, Morristown, NJ 07960 \| Multi Family	4 beds \| 2 baths \| 3,000 sq.ft.	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.2% Airbnb Rental Income: $null Traditional Rental Income: $3064 Airbnb ROI: N/A Traditional ROI: -0.2%
4 Punch Bowl Rd Morristown, NJ 4 Punch Bowl Rd, Morristown, NJ 07960 \| Single Family Residential	4 beds \| 4 baths \| 4,508 sq.ft.	$1,499,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 0% Airbnb Rental Income: $6426 Traditional Rental Income: $4944 Airbnb ROI: 0.16% Traditional ROI: 0%
62 Witherspoon Ct Morristown, NJ 62 Witherspoon Ct, Morristown, NJ 07960 \| Townhouse	2 beds \| 2 baths \| N/A	$585,000	Airbnb cash on cash: 0.29% Traditional cash on cash: -0.59% Airbnb Rental Income: $3584 Traditional Rental Income: $2318 Airbnb ROI: 0.29% Traditional ROI: -0.59%
22 Franklin Pl #4A Morristown, NJ Stylish, renovated end unit duplex in a newer Victorian style building, located a short di...	4 beds \| 2 baths \| 1,403 sq.ft.	$774,900	Airbnb cash on cash: 3.84% Traditional cash on cash: 3.53% Airbnb Rental Income: $6426 Traditional Rental Income: $4944 Airbnb ROI: 3.84% Traditional ROI: 3.53%

Real Estate investment in Morristown, NJ

There are 20 properties for sale in the city of Morristown . The median list price in Morristown is $712,000 and the average price per square foot is $280. In February 2026, the average monthly cash on cash return in Morristown is N/A%. The average monthly rental income in Morristown is $3,101.

Morristown, NJ Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 20 investment properties available for sale in Morristown.

In 2026, the best neighborhood to buy investment property is Morristown.

The ROI for Long-Term is higher than the Short-Term in Morristown with average rental income of $3,101.

Your search for investment property begins and ends here

Investment Property for Sale in Morristown, NJ

103 Woodcrest Dr

Morristown, NJ

1 beds | 1 baths | N/A

$335,000

Airbnb cash on cash: 2.97%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $2652

Traditional Rental Income: $2328

Airbnb ROI: 2.97%

Traditional ROI: 3.94%

282 Mount Kemble Ave

Morristown, NJ

5 beds | 3 baths | 3,100 sq.ft.

$975,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2250

Airbnb ROI: N/A

Traditional ROI: 1.03%

22 Franklin Pl

Morristown, NJ

4 beds | 2 baths | 1,403 sq.ft.

$774,900

Airbnb cash on cash: 3.7%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $6426

Traditional Rental Income: $4944

Airbnb ROI: 3.7%

Traditional ROI: 3.39%

54 Hillairy Ave

Morristown, NJ

4 beds | 2 baths | 1,300 sq.ft.

$675,000

Airbnb cash on cash: 6.11%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $6426

Traditional Rental Income: $4944

Airbnb ROI: 6.11%

Traditional ROI: 5.76%

1 Southern Slope Ter

Morristown, NJ

6 beds | 3 baths | 6,355 sq.ft.

$1,575,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.88%

Airbnb Rental Income: $null

Traditional Rental Income: $6474

Airbnb ROI: N/A

Traditional ROI: 0.88%

60 Chestnut St #2

Morristown, NJ

3 beds | 3 baths | N/A

$725,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 0.71%

Airbnb Rental Income: $4547

Traditional Rental Income: $3366

Airbnb ROI: 1.05%

Traditional ROI: 0.71%

320 S STREET 4F #F

Morristown, NJ

1 beds | 1 baths | N/A

$325,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: -0.61%

Airbnb Rental Income: $2652

Traditional Rental Income: $1949

Airbnb ROI: -0.37%

Traditional ROI: -0.61%

31 Garden St

Morristown, NJ

3 beds | 2 baths | N/A

$575,000

Airbnb cash on cash: 3.06%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $4547

Traditional Rental Income: $3648

Airbnb ROI: 3.06%