Estimated payment $4,339/month
**Charming Flag Lot with Exceptional Potential on 1.52 Acres**Attention builders! Discover this unique property spanning approximately 1.52 acres, featuring a spacious flag lot with about 3/4 acres designated as wetlands offering a perfect canvas for innovative, high-end development. Currently zoned for a two-family residence, the property includes a tear down 3-bedroom, 2-bath home, complemented by a large 30x30 two-car garage and a versatile studio apartment above. A new survey and topography map have been completed, ensuring compliance with submission requirements for building plans, permits, and Letter of Intent (LOI) approval. This prime location offers convenient access to mass transportation and is just minutes from the vibrant downtown Motown, making it ideal for building your dream home or developing a luxury estate. Whether you're an investor, builder, or future homeowner, this property presents incredible potential in a desirable neighborhood. VALUE IN THE LAND - CASH OFFERS ONLY
Listing Agent
Ashley Young
REDFIN CORPORATION Brokerage Phone: 609-216-7035 Listed on: 07/11/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Utilities
Listing and Financial Details
| 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 |
|---|---|---|---|---|
| 2024 | $8,946 | $446,200 | $245,400 | $200,800 |
| 2023 | $8,946 | $446,200 | $245,400 | $200,800 |
| 2022 | $8,531 | $446,200 | $245,400 | $200,800 |
| 2021 | $8,531 | $446,200 | $245,400 | $200,800 |
| 2020 | $8,308 | $446,200 | $245,400 | $200,800 |
| 2019 | $8,179 | $446,200 | $245,400 | $200,800 |
| 2018 | $8,090 | $446,200 | $245,400 | $200,800 |
| 2017 | $8,036 | $446,200 | $245,400 | $200,800 |
| 2016 | $7,911 | $446,200 | $245,400 | $200,800 |
| 2015 | $8,737 | $344,500 | $212,400 | $132,100 |
| 2014 | $8,623 | $344,500 | $212,400 | $132,100 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $649,000 | -- | -- |
$499,000
Welcome to this charming 2 bedroom/ 1 bath cottage style home in desirable Morris Twp neighborhood. Enjoy effortless entertaining with spacious living room and large dining room that leads to expansive deck and great fenced-in backyard. Just minutes from the vibrant town of Morristown with great shopping, dining, entertainment and the Midtown Direct train. Don't miss the opportunity to make this
Suzanne McGratty WEICHERT REALTORS
Source: Garden State MLS
MLS Number: 3974699
APN: 22-06902-0000-00002
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