5 Budd St
Morristown Town, NJ 07960-5075
- – beds
- 0.5 baths
- – sqft
- 2,178 sqft lot
- 2013 build
- – on site
What a cool spot! Attention all urbanites! In a market where "in-town", affordable options are limited...time to get creative. In a mixed-use residential neighborhood, refer to town zoning for possible other uses. One-of-a-kind "in-town" location, just a short jaunt up the road to Morristown Green. An open floor plan gives several options for this space. With handsome curb appeal, this structure gives "carriage house" vibes that have a multitude of uses. The exterior is maintenance-free composite siding on the exterior, and inside. One large open space currently a conference/reception area, private office/study, powder room, and kitchenette. 1/2 a block from Whole Foods, and less than 1/2 a block to the Morris County Court House. The interior is completely renovated, with an industrial feel. Exposed beams & vents, uplighting, and skylights. Kitchenette with refrigerator and sink. An affordable option to have a presence in Morristown with parking! The property is in an MX-1 zone (per Morristown Land Development Ordinance: "The purpose of the MX-1 is to protect Morristown?s architectural heritage by providing opportunities to repurpose old residential estates for a mix of residential and office uses. This district accommodates mixed-use development at a lower intensity through the Retail Overlay, which preserves traditional neighborhood-scale commercial uses. Though commercial uses are permitted in this zone, the primary character is intended to be residential in appearance."
Listing courtesy of GSMLS / RYAN DAWSON / WEICHERT REALTORS
Last checked:
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Last updated Apr 26, 2024
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MLS# 3898158 —
Monthly cost estimate
Asking price
$538,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,880
|
Taxes | N/A |
Insurance | $147 |
Utilities | N/A |
Total | $3,027/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/25/24
Apr 25, 2024
|
Listed / Active | GSMLS | $538,000 |
68% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $30k above asking price on average, but some went as high as $120k over asking price.