$499,000
OPEN SAT 1PM - 4PM COMING SOON

54B Ridgedale Ave Morristown, NJ 07960

Estimated payment $3,676/month

Total Views 483
2 Beds
1.5 Baths
-- Sq Ft
$420/mo HOA Fee

Highlights

  • Popular Property
  • Wood Flooring
  • Butlers Pantry
  • Hillcrest School Rated A-
  • Formal Dining Room
  • Walk-In Closet

About This Home

Spacious & Pristine Unit in an Incredible Location Enjoy vibrant downtown living in this 2-bedroom, 1.5-bath townhome in Morristown's sought-after Park Plaza community. Ideally located near shops, restaurants, parks, and top schools, with easy access to major highways and NJ Transit's direct train to NYC for effortless commuting. A charming brick fa ade opens to an inviting foyer, setting the tone for the open main level beyond. Rich hardwood floors, abundant natural light, and a seamless layout highlight the generous living/dining room, which flows into the updated kitchen featuring crisp white cabinetry, granite counters, stainless steel appliances, and a pantry closet for added organization. A large coat closet with excellent storage space and a convenient half bath completes this level. Upstairs offers two nicely sized bedrooms with ceiling fans, including a serene primary suite with a large walk-in closet. The beautifully updated full bath boasts a marble-topped vanity and tub/shower combo, while a laundry room is conveniently located in the hall. Complex amenities include one assigned parking space, visitor parking, and a low monthly fee that covers exterior and common area maintenance, landscaping, snow removal, trash/recycling, and one assigned pallet in the shared basement for storage. A well-maintained gem in a prime location perfect for enjoying all that Morristown has to offer!

Listing Agent

Peter Lorenzo

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 09/02/2025

KELLER WILLIAMS METROPOLITAN

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,503

Year Built

  • Built in 1987

Lot Details

  • 1,306 Sq Ft Lot

HOA Fees

  • $420 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Powder Room

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-01901-0000-00010-0020-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Pet Policy

  • Limit on the number of pets

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,503

Year Built

Built in 1987

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 54B
  • Directions: East Hanover onto Ridgedale Ave or 287 Exit 36/36B to Ridgedale Ave.
  • I D: 5380912
  • Modified: 2025-09-02
  • Number Images: 22
  • Section Subdiv Development: PARK PLAZA
  • Attribution Contact: 973-539-1120
  • MLS Status: Coming Soon
  • Special Features: 33
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator, Stackable Washer/Dryer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Third
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Level Rooms: Storage Room
  • Dining Room Level: Second
  • Kitchen Area: Pantry, Separate Dining Area
  • Kitchen Dim: 9x9
  • Kitchen Level: Second
  • Living Room Dim: 17x19
  • Living Room Level: Second
  • Other Room 1: Foyer
  • Other Room1 Dim: 4x3
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 4x8
  • Other Room2 Level: Third
  • Level 1 Rooms: Foyer
  • Level 2 Rooms: Dining Room, Kitchen, Living Room, Pantry, Powder Room
  • Level 3 Rooms: 2 Bedrooms, Bath Main, Laundry Room, Utility Room

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Off-Street Parking, Parking Lot-Exclusive

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 420
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 1306 SF
  • Assessed Improvement Value: 162900
  • Assessed Land Value: 250000
  • Assessment: 412900
  • Easement: Unknown
  • Lot Identifier: 10.20
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.03

Rental Info

  • Pets Allowed: Number Limit, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6503
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-01901-0000-00010-0020-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.575
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,503 $412,900 $250,000 $162,900
2024 $7,361 $412,900 $250,000 $162,900
2023 $7,361 $253,300 $142,000 $111,300
2022 $7,275 $253,300 $142,000 $111,300
2021 $7,275 $253,300 $142,000 $111,300
2020 $7,303 $253,300 $142,000 $111,300
2019 $7,300 $253,300 $142,000 $111,300
2018 $7,206 $253,300 $142,000 $111,300
2017 $6,991 $253,300 $142,000 $111,300
2016 $6,811 $253,300 $142,000 $111,300
2015 $6,649 $253,300 $142,000 $111,300
2014 $6,576 $253,300 $142,000 $111,300
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $423,500 --
Deed $345,000 Fidelity Natl Title Ins Co
Deed $344,900 --
Deed $235,000 --
Deed $160,000 Old Republic Natl Title Ins
Deed $114,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,150 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $275,920 Purchase Money Mortgage
Previous Owner $188,000 Purchase Money Mortgage
Previous Owner $128,000 Purchase Money Mortgage
Previous Owner $102,400 Purchase Money Mortgage
Source: Public Records

Source: Garden State MLS

MLS Number: 3984105

Garden State MLS

APN: 24-01901-0000-00010-20