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
1 Lyons Pl Morristown, NJ What a fantastic location! 2 bedroom condo available within walking distance of the downto...	2 beds \| 1 baths \| 1,296 sq.ft.	$500,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.36% Airbnb Rental Income: $1439 Traditional Rental Income: $2784 Airbnb ROI: -0.43% Traditional ROI: 3.36%
7 Maple Ave #6 Morristown, NJ Best value in Morristown! Downtown living - 1 block to The Green and Starbucks. Designer f...	3 beds \| 2 baths \| 1,920 sq.ft.	$1,249,000	Airbnb cash on cash: -1.67% Traditional cash on cash: -0.36% Airbnb Rental Income: $2110 Traditional Rental Income: $3089 Airbnb ROI: -1.67% Traditional ROI: -0.36%
21 Shelley Pl Morristown, NJ This immaculate corner location in Spring Brook is move in ready, waiting for you to enjoy...	3 beds \| 2 baths \| 2,117 sq.ft.	$815,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 0.8% Airbnb Rental Income: $2110 Traditional Rental Income: $2873 Airbnb ROI: -0.92% Traditional ROI: 0.8%
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: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $4343 Airbnb ROI: N/A Traditional ROI: 3.34%
26 Colgate Dr Morristown, NJ Gorgeous Newer Townhome in upscale community of Collection at Morristown with easy access ...	3 beds \| 3 baths \| 2,210 sq.ft.	$875,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.5% Airbnb Rental Income: $2110 Traditional Rental Income: $3977 Airbnb ROI: -0.45% Traditional ROI: 2.5%
320 South St #1D Morristown, NJ Welcome to Parsons Village, this spacious and bright Co-Op is situated in the heart of Mor...	2 beds \| 2 baths \| N/A	$550,000	Airbnb cash on cash: -4.91% Traditional cash on cash: -1.78% Airbnb Rental Income: $1439 Traditional Rental Income: $2618 Airbnb ROI: -4.91% Traditional ROI: -1.78%
54 Phoenix Ave Morristown, NJ Sunny and bright fully renovated home just steps to everything downtown Morristown has to ...	4 beds \| 2 baths \| N/A	$739,000	Airbnb cash on cash: 5.01% Traditional cash on cash: 3.54% Airbnb Rental Income: $6426 Traditional Rental Income: $4153 Airbnb ROI: 5.01% Traditional ROI: 3.54%
11 Cleveland St Morristown, NJ Welcome to this amazing opportunity to own a 3 bedrooms 1.5 bathroom home in Morristown wi...	4 beds \| 3 baths \| 1,183 sq.ft.	$995,900	Airbnb cash on cash: 3.64% Traditional cash on cash: 1.38% Airbnb Rental Income: $6426 Traditional Rental Income: $3070 Airbnb ROI: 3.64% Traditional ROI: 1.38%
15 Catalpa Rd Morristown, NJ Spacious 4-Bedroom, 2.5-Bath Custom Ranch in Sought-After Convent Station. Beautifully upd...	4 beds \| 2 baths \| N/A	$900,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 1.84% Airbnb Rental Income: $6426 Traditional Rental Income: $3635 Airbnb ROI: 3.67% Traditional ROI: 1.84%
21 Franklin Pl Morristown, NJ 21 Franklin Pl, Morristown, NJ 07960 \| Single Family Residential	7 beds \| 4 baths \| N/A	$1,799,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.21% Airbnb Rental Income: $null Traditional Rental Income: $5556 Airbnb ROI: N/A Traditional ROI: -0.21%
86 Chestnut St Morristown, NJ	N/A beds \| N/A baths \| N/A	$500,000	Airbnb cash on cash: -2.48% Traditional cash on cash: -0.87% Airbnb Rental Income: $892 Traditional Rental Income: $1309 Airbnb ROI: -2.48% Traditional ROI: -0.87%
20 Mount Pleasant Rd Morristown, NJ 20 Mount Pleasant Rd, Morristown, NJ 07960 \| Single Family Residential	7 beds \| 7 baths \| N/A	$3,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.44% Airbnb Rental Income: $null Traditional Rental Income: $6717 Airbnb ROI: N/A Traditional ROI: -1.44%
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: -2.68% Traditional cash on cash: -1.4% Airbnb Rental Income: $2110 Traditional Rental Income: $2947 Airbnb ROI: -2.68% Traditional ROI: -1.4%
37 1/2 James St Morristown, NJ 371/2 James St, Morristown, NJ 07960 \| Multi Family	4 beds \| 2 baths \| 3,000 sq.ft.	$929,900	Airbnb cash on cash: -1.77% Traditional cash on cash: -0.04% Airbnb Rental Income: $2110 Traditional Rental Income: $3064 Airbnb ROI: -1.77% Traditional ROI: -0.04%
218 Pitney Pl #218 Morristown, NJ MORRISTOWN opportunity in a prime location!! This spacious one-bedroom 2nd floor condo fea...	1 beds \| 1 baths \| N/A	$299,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.89% Airbnb Rental Income: $1182 Traditional Rental Income: $1743 Airbnb ROI: -1.47% Traditional ROI: 1.89%
7 Prospect St #303 Morristown, NJ 7 Prospect St #303, Morristown, NJ 07960 \| Condo/Coop	1 beds \| 1 baths \| N/A	$455,000	Airbnb cash on cash: -3.16% Traditional cash on cash: -0.74% Airbnb Rental Income: $1182 Traditional Rental Income: $1824 Airbnb ROI: -3.16% Traditional ROI: -0.74%
38 Chestnut St #4 Morristown, NJ 38 Chestnut St #4, Morristown, NJ 07960 \| Townhouse	3 beds \| 2 baths \| N/A	$649,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 0.35% Airbnb Rental Income: $2110 Traditional Rental Income: $2877 Airbnb ROI: -1.8% Traditional ROI: 0.35%
323 Pitney Pl #323 Morristown, NJ This beautifully renovated one-bedroom condo offers an exceptionally spacious layout with ...	1 beds \| 1 baths \| N/A	$339,999	Airbnb cash on cash: -1.32% Traditional cash on cash: 2.65% Airbnb Rental Income: $1182 Traditional Rental Income: $2062 Airbnb ROI: -1.32% Traditional ROI: 2.65%
17A Cleveland St Morristown, NJ Discover the perfect blend of privacy and convenience in this meticulously maintained end-...	2 beds \| 1 baths \| N/A	$389,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.45% Airbnb Rental Income: $1439 Traditional Rental Income: $2009 Airbnb ROI: -0.28% Traditional ROI: 2.45%
37 Atno Ave Morristown, NJ Charming and well-maintained single-family home located in the heart of Morristown, offeri...	4 beds \| 1 baths \| 1,604 sq.ft.	$679,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 1.62% Airbnb Rental Income: $6426 Traditional Rental Income: $2617 Airbnb ROI: 5.64% Traditional ROI: 1.62%
49 Atno Ave Morristown, NJ Charming and spacious single-family home located in the heart of Morristown, offering a we...	4 beds \| 2 baths \| 1,592 sq.ft.	$699,999	Airbnb cash on cash: 5.5% Traditional cash on cash: 2.49% Airbnb Rental Income: $6426 Traditional Rental Income: $3203 Airbnb ROI: 5.5% Traditional ROI: 2.49%
61 Lake Rd Morristown, NJ 61 Lake Rd, Morristown, NJ 07960 \| Single Family Residential	3 beds \| 1 baths \| N/A	$705,000	Airbnb cash on cash: -1.26% Traditional cash on cash: -0.16% Airbnb Rental Income: $2110 Traditional Rental Income: $2299 Airbnb ROI: -1.26% Traditional ROI: -0.16%
170 Madison Ave #7 Morristown, NJ 170 Madison Ave #7, Morristown, NJ 07960 \| Townhouse	3 beds \| 2 baths \| 2,800 sq.ft.	$799,000	Airbnb cash on cash: -2.42% Traditional cash on cash: -0.29% Airbnb Rental Income: $2110 Traditional Rental Income: $3149 Airbnb ROI: -2.42% Traditional ROI: -0.29%
35 Dehart St Morristown, NJ 35 Dehart St, Morristown, NJ 07960 \| Single Family Residential	2 beds \| 2 baths \| N/A	$869,900	Airbnb cash on cash: -2.34% Traditional cash on cash: -0.67% Airbnb Rental Income: $1439 Traditional Rental Income: $2363 Airbnb ROI: -2.34% Traditional ROI: -0.67%
44 Spring Valley Rd Morristown, NJ 44 Spring Valley Rd, Morristown, NJ 07960 \| Single Family Residential	5 beds \| 4 baths \| 9,000 sq.ft.	$4,995,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.5% Airbnb Rental Income: $null Traditional Rental Income: $4631 Airbnb ROI: N/A Traditional ROI: -2.5%
41 Atno Ave Morristown, NJ 41 Atno Ave, Morristown, NJ 07960 \| Single Family Residential	7 beds \| 1 baths \| 2,764 sq.ft.	$824,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.1% Airbnb Rental Income: $null Traditional Rental Income: $2690 Airbnb ROI: N/A Traditional ROI: -0.1%
23 Community Pl Morristown, NJ 23 Community Pl, Morristown, NJ 07960 \| Townhouse	3 beds \| 3 baths \| N/A	$1,800,000	Airbnb cash on cash: -3.16% Traditional cash on cash: -2.11% Airbnb Rental Income: $2110 Traditional Rental Income: $3329 Airbnb ROI: -3.16% Traditional ROI: -2.11%
7 Prospect St #410 Morristown, NJ 7 Prospect St #410, Morristown, NJ 07960 \| Condo/Coop	1 beds \| 1 baths \| N/A	$450,000	Airbnb cash on cash: -3.31% Traditional cash on cash: 0.33% Airbnb Rental Income: $1182 Traditional Rental Income: $2328 Airbnb ROI: -3.31% Traditional ROI: 0.33%
26 Wheatsheaf Farm Rd #84 Morristown, NJ 26 Wheatsheaf Farm Rd #84, Morristown, NJ 07960 \| Townhouse	4 beds \| 4 baths \| N/A	$1,874,000	Airbnb cash on cash: -1.4% Traditional cash on cash: -1.79% Airbnb Rental Income: $6426 Traditional Rental Income: $4486 Airbnb ROI: -1.4% Traditional ROI: -1.79%
47 Ridgedale Ave Morristown, NJ Renovated third-floor condo in sought-after Morristown featuring a private entrance and a ...	1 beds \| 1 baths \| 750 sq.ft.	$329,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 2.4% Airbnb Rental Income: $1182 Traditional Rental Income: $1796 Airbnb ROI: -0.83% Traditional ROI: 2.4%
30 Colgate Dr Morristown, NJ Experience luxury living in this stunning townhome, built in 2020, featuring 3 bedrooms an...	3 beds \| 3 baths \| N/A	$889,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 2.98% Airbnb Rental Income: $2110 Traditional Rental Income: $4424 Airbnb ROI: -0.47% Traditional ROI: 2.98%
1 Caroline Foster Ct Morristown, NJ Exquisite, refined end unit nestled among lush trees & tranquil green spaces in desirable ...	2 beds \| 2 baths \| N/A	$599,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 1.54% Airbnb Rental Income: $1439 Traditional Rental Income: $2854 Airbnb ROI: -1.76% Traditional ROI: 1.54%
11 Ames Rd Morristown, NJ 11 Ames Rd, Morristown, NJ 07960 \| Single Family Residential	5 beds \| 3 baths \| N/A	$869,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.46% Airbnb Rental Income: $null Traditional Rental Income: $4083 Airbnb ROI: N/A Traditional ROI: 1.46%
17 Spencer Dr Morristown, NJ 17 Spencer Dr, Morristown, NJ 07960 \| Single Family Residential	5 beds \| 4 baths \| N/A	$1,950,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.95% Airbnb Rental Income: $null Traditional Rental Income: $4666 Airbnb ROI: N/A Traditional ROI: -0.95%
29 Western Ave #1 Morristown, NJ 29 Western Ave #1, Morristown, NJ 07960 \| Townhouse	3 beds \| 2 baths \| N/A	$550,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 2.61% Airbnb Rental Income: $2110 Traditional Rental Income: $3648 Airbnb ROI: -1.43% Traditional ROI: 2.61%
8 Mount Pleasant Rd Morristown, NJ 8 Mount Pleasant Rd, Morristown, NJ 07960 \| Single Family Residential	4 beds \| 5 baths \| N/A	$1,795,000	Airbnb cash on cash: -0.44% Traditional cash on cash: -0.06% Airbnb Rental Income: $6426 Traditional Rental Income: $5802 Airbnb ROI: -0.44% Traditional ROI: -0.06%
70 Constitution Way Morristown, NJ 70 Constitution Way, Morristown, NJ 07960 \| Townhouse	3 beds \| 2 baths \| N/A	$899,000	Airbnb cash on cash: -2.28% Traditional cash on cash: 0.21% Airbnb Rental Income: $2110 Traditional Rental Income: $3648 Airbnb ROI: -2.28% Traditional ROI: 0.21%
50 Davenport Pl Morristown, NJ 50 Davenport Pl, Morristown, NJ 07960 \| Condo/Coop	2 beds \| 2 baths \| N/A	$699,000	Airbnb cash on cash: -3.11% Traditional cash on cash: -1.01% Airbnb Rental Income: $1439 Traditional Rental Income: $2377 Airbnb ROI: -3.11% Traditional ROI: -1.01%
16 Crestview Ter Morristown, NJ 16 Crestview Ter, Morristown, NJ 07960 \| Single Family Residential	5 beds \| 3 baths \| 3,900 sq.ft.	$1,450,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.49% Airbnb Rental Income: $null Traditional Rental Income: $4121 Airbnb ROI: N/A Traditional ROI: -0.49%
1 Entrance Ave Morristown, NJ 1 Entrance Ave, Morristown, NJ 07960 \| Townhouse	2 beds \| 2 baths \| N/A	$798,000	Airbnb cash on cash: -3.2% Traditional cash on cash: -0.81% Airbnb Rental Income: $1439 Traditional Rental Income: $2784 Airbnb ROI: -3.2% Traditional ROI: -0.81%

Real Estate investment in Morristown, NJ

There are 56 properties for sale in the city of Morristown . The median list price in Morristown is $807,000 and the average price per square foot is $309. In May 2026, the average monthly cash on cash return in Morristown is N/A%. The average monthly rental income in Morristown is $3,070.

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

There are 56 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 $3,070.

Your search for investment property begins and ends here

Investment Property for Sale in Morristown, NJ

1 Lyons Pl

Morristown, NJ

2 beds | 1 baths | 1,296 sq.ft.

$500,000

Airbnb cash on cash: -0.43%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $1439

Traditional Rental Income: $2784

Airbnb ROI: -0.43%

Traditional ROI: 3.36%

7 Maple Ave #6

Morristown, NJ

3 beds | 2 baths | 1,920 sq.ft.

$1,249,000

Airbnb cash on cash: -1.67%

Traditional cash on cash: -0.36%

Airbnb Rental Income: $2110

Traditional Rental Income: $3089

Airbnb ROI: -1.67%

Traditional ROI: -0.36%

21 Shelley Pl

Morristown, NJ

3 beds | 2 baths | 2,117 sq.ft.

$815,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: 0.8%

Airbnb Rental Income: $2110

Traditional Rental Income: $2873

Airbnb ROI: -0.92%

Traditional ROI: 0.8%

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: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $4343

Airbnb ROI: N/A

Traditional ROI: 3.34%

26 Colgate Dr

Morristown, NJ

3 beds | 3 baths | 2,210 sq.ft.

$875,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $2110

Traditional Rental Income: $3977

Airbnb ROI: -0.45%

Traditional ROI: 2.5%

320 South St #1D

Morristown, NJ

2 beds | 2 baths | N/A

$550,000

Airbnb cash on cash: -4.91%

Traditional cash on cash: -1.78%

Airbnb Rental Income: $1439

Traditional Rental Income: $2618

Airbnb ROI: -4.91%

Traditional ROI: -1.78%

54 Phoenix Ave

Morristown, NJ

4 beds | 2 baths | N/A

$739,000

Airbnb cash on cash: 5.01%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $6426

Traditional Rental Income: $4153

Airbnb ROI: 5.01%

Traditional ROI: 3.54%

11 Cleveland St

Morristown, NJ

4 beds | 3 baths | 1,183 sq.ft.

$995,900

Airbnb cash on cash: 3.64%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $6426

Traditional Rental Income: $3070

Airbnb ROI: 3.64%