








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Morristown at 2 Squirrel Run, Morristown, NJ, 07960 earns from $5,569/mo rent with a $7,317/mo payment. Total monthly income totals $5,569/mo. ROI tracks 7.77% on current figures, and rental yield reads 4.47% at a $1,495,000 purchase. Equity gained on principal adds $9,647/yr, and 5% annual appreciation supports $413,041 over five years. Five-year ROI reaches 38.9% and total cumulative return in cash sums $188,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,569/mo property income instead of your personal income.
Single Family
Built in 1979
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07960, Morristown, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,695 (100%) |
| Owner Occupied HU | 11,261 (57.2%) |
| Renter Occupied HU | 7,396 (37.6%) |
| Vacant Housing Units | 1,038 ( 5.3%) |
| Median Home Value | $753,823 |
| Average Home Value | $846,672 |
Residential
18,584
Single Family
16,093
Multi-Family
2,491
Businesses
1,783
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listed for sale | $1,495,000 |
| 2010-09-13 | Sold | $670,000 |
| 2010-06-15 | Price change | $749,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-12 | $15949.93 | -0.15% | $796,700 | N/A |
| 2023-09-12 | $15973.84 | 2.66% | $796,700 | N/A |
| 2022-09-12 | $15559.55 | 2.14% | $796,700 | N/A |



Listed by: Margaret Sellers • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3986245
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