Franklin Hill Apartments is a seventy-five (75) unit, five (5) story (elevator serviced) upscale residential apartment complex located at 44 Hill Street, Morristown, New Jersey (the “Property”). The Property is situated on approximately one and one-half (1½) acres of impeccably landscaped grounds with on-site parking and twenty (20) detached garages. The Property is ideally located on a residential street one block from the NJ Transit train station (direct service to Manhattan), exclusive South Street shopping and restaurants, as well as the Town Square (i.e. “The Green”). The Property is comprised of an excellent mix of forty-four (44) one-bedroom units with one bathroom each; thirty (30) two-bedroom units with two full bathrooms each, and one on-site manager’s apartment. These units are some of the best-maintained and largest apartment units available in the Town of Morristown. All units feature beautiful parquet hardwood flooring. All common areas (lobby, foyer & hallways) have recently been renovated by a professional interior designer. The property is monitored by state-of-the-art closed-circuit security cameras to provide our residents with the comfort of 24/7 surveillance. The heat (central boiler – hot water system), water, sewer, and cooking gas are paid for by the Property. The Tenant pays for its own electricity, which is separately metered.
