18 Hillairy Ave Morristown, NJ 07960
Estimated payment $5,436/month
About This Home
A rare investment or Owner-occupant opportunity in the heart of Morristown! This well-maintained 2-family home offers spacious and functional layouts in both units, each featuring 3 bedrooms and 1 full bath. Please be aware this property has been well cared for by Owner occupant and Turn Key! Whether you're looking to generate rental income or live comfortably while a tenant helps offset your mortgage, this property delivers with comparative market rents over 3500/month per unit! Set on an oversized lot, you'll enjoy a huge backyard " perfect for outdoor entertaining, gardening, or future expansion. The property also offers off-street parking, a premium feature in this sought-after neighborhood.Located in a prime Morristown location, you're close to shopping, dining, parks, and transit options " all while enjoying the charm of a quiet residential neighborhood. Don't miss this exceptional opportunity to own a multi-family property in one of Morris County's most desirable areas! BEST AND FINAL OFFERS DUE WED 7/30 BY 12PM
Listing Agent
WALKER'S REALTY Brokerage Phone: 201-580-5252 Listed on: 07/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,900
Year Built
- Built in 1926 | Remodeled
Home Design
- Siding
- Composite Building Materials
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 8 Parking Spaces
- Private Driveway
Utilities
- Window Unit Cooling System
- Multiple Heating Units
- Radiator
- Gas Water Heater
Additional Features
- Basement Fills Entire Space Under The House
- 0.25 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 2324-02402-0000-00039-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,901 | $692,100 | $225,100 | $467,000 |
| 2024 | $9,569 | $692,100 | $225,100 | $467,000 |
| 2023 | $9,569 | $329,300 | $143,100 | $186,200 |
| 2022 | $9,458 | $329,300 | $143,100 | $186,200 |
| 2021 | $9,458 | $329,300 | $143,100 | $186,200 |
| 2020 | $9,494 | $329,300 | $143,100 | $186,200 |
| 2019 | $9,490 | $329,300 | $143,100 | $186,200 |
| 2018 | $9,369 | $329,300 | $143,100 | $186,200 |
| 2017 | $9,089 | $329,300 | $143,100 | $186,200 |
| 2016 | $8,855 | $329,300 | $143,100 | $186,200 |
| 2015 | $8,644 | $329,300 | $143,100 | $186,200 |
| 2014 | $8,549 | $329,300 | $143,100 | $186,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Pending | -- | -- | -- |
| 07/19/2025 07/19/25 | For Sale | $849,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $545,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,750 | No Value Available | |
| Previous Owner | $88,533 | Unknown | |
| Previous Owner | $295,365 | FHA |
Source: Garden State MLS
MLS Number: 3976340
APN: 24-02402-0000-00039
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