74 Morristown Road

Gillette, NJ 07933

$3,600,000
Price
187,308 / 4.3
Lot Size / Acres

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!
  1. Listed by Willy Mora • Realtyline - Teaneck • (201) 281-9155

Property Details for 74 Morristown Road

Sub style
Other
Waterfront
None
LISTING UPDATED: 10/14/2024 09:29 AM

Property Details for 74 Morristown Road

StatusActive
MLS #24022228
Days on Market134
Taxes$20,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residntl
Year Built-
Lot Size4.30 AC
CountyMorris County

Virtual Tour

Building Information for 74 Morristown Road

Building Size-Lot Size4.30 AC

Property Information for 74 Morristown Road

Summary
Location and General Information
  • Area: 1430
  • Area name: Long Hill
  • Zone: Residntl
  • Flood plain: None
  • Street Name: Morristown
  • Topography: See Remarks
  • County Name: MORRIS
  • Status: ACTIVE
  • Street Number Numeric: 74
  • Zip Code: 07933
Taxes and HOA Information
  • Tax: $20,000
  • Tax ID: 143013302 00017
Property
Lot Information
  • Lot: 00017
  • Improvements: O/See Remk
  • Wetland: See Remarks
  • Average Acres: 4.3
  • Block: 13302
Property and Assessments
  • Photo: Y
  • Photo Number: 16
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Full Baths Total: 0
  • Num of Baths: 0.0
Agent
Sale and Listing Information
  • Search Class: LND
  • List Price: $3,600,000.00
  • Listing Date: 07-11-2024
  • Status Date: 07-11-2024
Showing Information
  • Internet Remarks: 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!

Property History for 74 Morristown Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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74 Morristown Road is a 4.3 ac of land for sale in Gillette, NJ 07933. This property was listed for sale on July 11, 2024 by Realtyline - Teaneck, it's currently listed at $3,600,000. It has been on the market for a total of 134 days and was last sold on October 13, 2005. This listing's school districts are Watchung Hills Regional High School District, Long Hill Township School District. Nearby schools include Gillette Elementary School, Millington Elementary School and Central Middle School. 74 Morristown Road is a 0-bed, 0-bath, 4.3 ac of land on a 187,308 sq. ft. / 4.3 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realtyline - Teaneck, Willy Mora

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 11/23/2024 08:23 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 11/23/2024 08:23 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.