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$ 549,000
Est. payment /mo
New
5 Budd St Morristown Town, NJ 07960
0.5 Baths
936 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 936 sqft
Price per Sqft $586
MLS Listing ID 4047571
Style See Remarks, Ranch
Half Baths 1
HOA Y/N No
Year Built 2013
Annual Tax Amount $6,693
Tax Year 2025
Lot Size 2,178 Sqft
Property Sub-Type Single Family
Property Description
A unique opportunity to own a freestanding commercial building with 4 off-street parking spaces in the heart of Morristown - just steps from Whole Foods, near the Morris County Courthouse and a short walk to the Green. Recently upgraded from top to bottom, the interior offers a large open-concept main space with vaulted ceilings, separate private office, private bathroom and wet bar/kitchenette area, providing a functional layout for a variety of professional uses. Roof just 3 years old, forced hot air, central air, public sewer, public water. Located in Morristown's MX-1 zone, the property presents a multitude of options beyond a traditional office. Attorneys, financial planners, consultants and other professionals can own their office or satellite location rather than lease, while buyers may also explore a potential residential/live-work conversion with the Town potentially without necessarily altering the existing exterior footprint. This could create a rare opportunity to combine living and working space under one roof, with potential qualifying home-office tax benefits depending on the owner's circumstances. The Seller is also open to including the remaining furniture for an agreed-upon price, offering the ability to purchase a nearly turnkey space. This unique property offers several different paths at a price point rarely available this close to the center of town. Commercial, residential and mixed-use possibilities are subject to Town approval and buyer due diligence.
Location
State NJ
County Morris
Zoning MX-1
Rooms
Kitchen See Remarks
Interior
Heating Electric
Cooling 1 Unit, Central Air
Flooring Laminate, Wood
Heat Source Electric
Exterior
Exterior Feature Composition Siding
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks, Ranch
Schools
High Schools Morristown
Others
Senior Community No
Ownership Fee Simple
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Listed by WEICHERT REALTORS
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