74 Morristown Road
$3,600,000
188,614 / 4.33
Description
Discover an extraordinary opportunity with this 4.3-acre (188,615 SF) gem, perfect for developers and investors! This expansive property offers the potential to build up to 80 units, making it an exceptional investment in a sought-after location. While the existing home, with its 12 rooms including 6 bedrooms and 5 full baths, requires some TLC to restore its former glory, the land itself holds immense value. Features include a large living room with a fireplace, a formal dining room, and a kitchen...Discover an extraordinary opportunity with this 4.3-acre (188,615 SF) gem, perfect for developers and investors! This expansive property offers the potential to build up to 80 units, making it an exceptional investment in a sought-after location. While the existing home, with its 12 rooms including 6 bedrooms and 5 full baths, requires some TLC to restore its former glory, the land itself holds immense value. Features include a large living room with a fireplace, a formal dining room, and a kitchen with a central island. Two master bedrooms each boast a full bath and an oversized Jacuzzi. The fully finished basement adds extra space for various needs. With lake access, this property presents a unique chance to create a stunning residential development or enhance the existing home. Sold as-is, this diamond in the rough awaits the right buyer to realize its full potential. Don't miss out on this incredible opportunity!
- Listed by WILLY MORA • REALTYLINE
Property Details for 74 Morristown Road
Directions
GPS - Longhill Rd-Mtn Ave-Delaware Ave - Morristown
Days On Market165
LISTING UPDATED: 07/11/2024 11:52 AM
Property Details for 74 Morristown Road
Status | Active |
---|---|
MLS # | 3912700 |
Days on Market | 172 |
Taxes | $20,065 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lots And Land |
Year Built | - |
Lot Size | 4.33 AC |
County | Morris County |
Building Information for 74 Morristown Road
Lot Size4.33 AC
Property Information for 74 Morristown Road
Property History for 74 Morristown Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 74 Morristown Road
Taxable ValueLand$306,500Additions$609,800Total$916,300
Tax Record2023$20,066 ($1,672 / month)
Home Facts
Beds0Total Finished SqFt3,404 SqFtAbove Grade Finished SqFt3,404 SqFtStories2Lot Size188,615 SqFtStyleSingle Family ResidenceYear Built1952ZoningR-2CountyMORRISAPN30 13302-0000-00017
Schools near 74 Morristown Road
This home is within Watchung Hills Regional High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 1 | |||
Public - | 2 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gillette Elementary School PublicPK to 1 | ||
Millington Elementary School Public2 to 5 | ||
Central Middle School Public6 to 8 | ||
Watchung Hills Reg High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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