24 Jersey Way Morristown, VT 05661
Estimated payment $25,215/month
Highlights
- Deck
- Balcony
- Board and Batten Siding
- Corner Lot
- Double Pane Windows
- Vinyl Plank Flooring
About This Home
Listing Agent is a partner in Jersey Heights Residences LLC.
Property is fully occupied
Adjacent parcel is available and is fully permitted through Local Authority and Act 250, and improved with municipal water and sewer, underground power, sidewalks, paved driveway and parking for an additional 8 units. Separately listed at $489,000.00.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $41,607
Year Built
- Built in 2024
Lot Details
- 0.6 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Board and Batten Siding
- Vinyl Siding
Interior Spaces
- 13,440 Sq Ft Home
- Property has 2 Levels
- Double Pane Windows
- Low Emissivity Windows
- Window Screens
Flooring
- Carpet
- Vinyl Plank
Parking
- Paved Parking
- On-Site Parking
Outdoor Features
- Balcony
- Deck
Location
- City Lot
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Separate Meters
- Underground Utilities
- Internet Available
- Cable TV Available
Community Details
Overview
- 15 Units
- Jersey Heights Residences Subdivision
Recreation
- Snow Removal
Building Details
- 15 Leased Units
- Gross Income $348,000
- Net Operating Income $260,084
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 |
|---|---|---|---|---|
| 2024 | $41,607 | $2,022,700 | $194,500 | $1,828,200 |
| 2023 | $1,346 | $114,000 | $77,500 | $36,500 |
| 2022 | $5,079 | $184,100 | $92,300 | $91,800 |
| 2021 | $4,540 | $170,500 | $37,500 | $133,000 |
| 2020 | $4,384 | $170,500 | $37,500 | $133,000 |
| 2019 | $4,250 | $170,500 | $37,500 | $133,000 |
| 2018 | $4,101 | $170,500 | $37,500 | $133,000 |
| 2017 | $3,812 | $170,500 | $37,500 | $133,000 |
| 2016 | $3,775 | $170,500 | $37,500 | $133,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Price Changed | $3,999,000 | -4.8% | $298 / Sq Ft |
| 04/12/2025 04/12/25 | For Sale | $4,199,000 | 0.0% | $312 / Sq Ft |
| 04/12/2025 04/12/25 | Off Market | $4,199,000 | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $4,199,000 | -- | $312 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $110,000 | -- | |
| Deed | $110,000 | -- | |
| Deed | $110,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: PrimeMLS
MLS Number: 5035920
APN: 414-129-10078
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