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.
5 Budd St, Morristown Town NJ 07960-5075
Property City
Morristown Town
Property Price
$549,000
Year Built
2013
Tax Annual Amount
$6693
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Floors No
Concrete, Laminate, Wood
Lot Size Area
0.05
MLS Status
Active
MLS #
4047566
Yearly Tax Rate
1.760
Year Built (*numeric)
2013
Basement
No
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
No
Cooling (*text)
1 Unit, Central Air
GarageSpaces
2
Heating
1 Unit, Forced Hot Air
Lot Size Dimensions
46X50
Data import from
GSMLS