by RHP Realty

Check Availability
$538,000
House - For Sale

5 Budd St

Morristown Town, NJ 07960
bedrooms
Studio
bathrooms
1 Bath, 1 Half Bath
$2,642
Estimated Monthly

About This Property

What a cool spot!  Attention all urbanites! In a market where "in-town", affordable options are limited...time to get creative. In a mixed-use residential neighborhood, refer to town zoning for possible other uses. One-of-a-kind "in-town" location, just a short jaunt up the road to Morristown Green. An open floor plan gives several options for this space. With handsome curb appeal, this structure gives "carriage house" vibes that have a multitude of uses. The exterior is maintenance-free composite siding on the exterior, and inside. One large open space currently a conference/reception area, private office/study, powder room, and kitchenette. 1/2 a block from Whole Foods, and less than 1/2 a block to the Morris County Court House. The interior is completely renovated, with an industrial feel. Exposed beams & vents, uplighting, and skylights. Kitchenette with refrigerator and sink. An affordable option to have a presence in Morristown with parking! The property is in an MX-1 zone (per Morristown Land Development Ordinance: "The purpose of the MX-1 is to protect Morristown?s architectural heritage by providing opportunities to repurpose old residential estates for a mix of residential and office uses. This district accommodates mixed-use development at a lower intensity through the Retail Overlay, which preserves traditional neighborhood-scale commercial uses. Though commercial uses are permitted in this zone, the primary character is intended to be residential in appearance."
Unit Size
-
Days on Market
67 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$588
HOA Dues
-
Year Built
-

Listed By

RYAN DAWSON
WEICHERT REALTORS
Last updated: 3 months ago (GSMLS #3898158)

Price History

Date / Event Date Event Price
Apr 25, 2024 Listed by WEICHERT REALTORS $538,000
Listed by WEICHERT REALTORS
Jun 23, 2014 Sold to Budd Street Llc 5 $267,750
Sold to Budd Street Llc 5
Mar 11, 1998 Sold to Enterprises Llc Rpa $122,500
Sold to Enterprises Llc Rpa

Property Highlights

Air Conditioning
Parking Details
Open Parking Spaces: 2
Driveway Description: 1 Car Width
Interior Details

Bathroom Information

Half Bathrooms: 1

Interior Information

Interior Features: Bar-Wet, Carbon Monoxide Detector, Cathedral Ceiling, High Ceilings, Smoke Detector
Appliances: Carbon Monoxide Detector, See Remarks
Flooring : Laminate, Tile

Room Information

Rooms: 2
Level 1 Rooms: Foyer, Kitchen, Office, PowderRm, RecRoom
Other Room 1 Description: Rec Room
Other Room 1 Level: First
Other Room 1 Dimensions: 22x24
Other Room 2 Description: Office
Other Room 2 Level: First
Other Room 2 Dimensions: 11x14
Other Room 3 Description: Foyer
Other Room 3 Level: First
Other Room 3 Dimensions: 12x4
Other Room 4 Description: Kitchen
Other Room 4 Level: First
Other Room 4 Dimensions: 5x5
Kitchen Area Description: See Remarks

Basement Information

Basement Description: Slab

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,300
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 460
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.053
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : 5 BUDD STREET LLC
  • Previous Owner : RPA ENTERPRISES LLC
  • Owner Before Previous Owner: RED ROCK ASSOCIATES
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043801

Zoning

  • Zoning: ORC

Geography

  • District: 24
  • Parcel: 24 08303-0000-00008
  • Block: 8303
  • Lot: 8
  • Municipality: MORRISTOWN TOWN
  • Latitude: 40.7996
  • Longitude: -74.4901

    Address

  • Full Address: 5 Budd St
  • Address - House Number: 5
  • Address - Street Name: Budd
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C031
  • 4-Digit Zip Code: 5075
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,317

    Market Valuation

  • Market Total Value: $310,900
  • Market Land Value: $175,409
  • Market Improvement Value: $135,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,000
  • Assessed Land Value: $137,100
  • Assessed Improvements Value: $105,900

    Sales

  • Current Sale Contract Date: Jun 13, 2014
  • Current Sale Recording Date: Jun 23, 2014
  • Current Sale Transaction ID: 1121229323
  • Current Sale Price: $267,750
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014031021
  • Previous Sale Recording Date: Mar 11, 1998
  • Previous Sale Contract Date: Feb 27, 1998
  • Previous Sale Amount: $122,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: RICHARD F ANDERSON
  • Previous Mortgage Transaction Date: Mar 11, 1998
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1.1 Baths
-
$499,900 Nov 30, -0001
$485,000 Dec 4, 2023
$225/mo
House
3 Beds
1.1 Baths
-
$549,000 Nov 30, -0001
$625,000 Feb 27, 2023
-
House
3 Beds
2 Baths
-
$600,000 Nov 30, -0001
$675,000 Apr 2, 2024
-
House
3 Beds
2 Baths
-
$595,000 Nov 30, -0001
$665,000 Apr 1, 2024
-
House
3 Beds
2.1 Baths
-
$439,900 Nov 30, -0001
$451,000 Jul 14, 2022
-
House
2 Beds
1 Bath
-
$589,000 Nov 30, -0001
$573,500 Aug 3, 2023
-
House
3 Beds
2 Baths
-
$575,000 Mar 5, 2024
-
-
House
3 Beds
2 Baths
-
$600,000 Mar 28, 2024
-
-
House
4 Beds
1 Bath
-
$599,900 Sep 5, 2023
-
-
Condo
2 Beds
3 Baths
-
$449,900 Sep 14, 2023
-
$425/mo
Condo
3 Beds
2 Baths
-
$624,999 Mar 28, 2024
-
$425/mo

About Morristown


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Nearby Rentals

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Frequently Asked Questions

When was property at 5 Budd Street built and last sold?
The property at 5 Budd Street was built in and last sold on Jun 13, 2014 for $267,750.
How much is this home worth?
The estimated value of the home located at 5 Budd Street is $543,380.
What are some comparable homes to 5 Budd Street?
Homes that are comparable to 5 Budd Street include a house property at 58 Harrison Street, 154 Washington Street, 36 Hillcrest Avenue.

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