$549,000
 $2,947 est/mo Sourced by Back At You

5 Budd St,Morristown Town, NJ 07960

Morristown Town, NJ 07960

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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.

Details

MLS #4047571
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusUnder Contract
Year2013
Days On Site57
Listing Provided ByWEICHERT REALTORS | NIREN SAKARIA

Features

SQ Feet936
ZoningMX-1

Taxes

Property6693

Area Information

StateNJ
CountyMorris
CityMorristown Town
Zip Code07960
AreaMorris
School DistrictMorristown
High SchoolMorristown
Listing VS Median (in 07960)
Price:
$549,000
low | high
Med:
$575,000
45.264116575592% of Average
sqft:
936
low | high
Med:
1,200
21.794871794872% of Average
$ / sqft:
$587
low | high
Med:
$479
68.306010928962% of Average
On site:
57
low | high
Med:
62
91.935483870968% of Average
Sourced by Back At You

Market Activity 07960

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Learn More About This Property

Fran Duffy

Fran Duffy

Village Square Realtors

 (917) 975-8719francesduffy99@gmail.com
StateNJ
CountyMorris
CityMorristown Town
Zip Code07960
AreaMorris
School DistrictMorristown
High SchoolMorristown
Listing VS Median (in 07960)
Price:
$549,000
low | high
Med:
$575,000
45.264116575592% of Average
sqft:
936
low | high
Med:
1,200
21.794871794872% of Average
$ / sqft:
$587
low | high
Med:
$479
68.306010928962% of Average
On site:
57
low | high
Med:
62
91.935483870968% of Average
Sourced by Back At You
Listing Updated: October 2, 2026 at 11:09:58 AM PDT

Fran Duffy - Village Square Realtors