5 Budd St

Morristown Town, NJ 07960


 

Price: $549,000

GSMLS:  4047571
Type: Single Family
Style: See Remarks
Beds: 0
Baths: 0 Full & 1 Half
Garage: No
Year Built: 2013
Acres: 0.05
Property Tax: $6,693
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.
Rooms Sizes
Kitchen:
n/a
Dining Room:
n/a
Living Room:
n/a
Family Room:
n/a
Den:
n/a
Bedroom 1:
n/a
Bedroom 2:
n/a
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
n/a
Ground:
BathMain,GreatRm,Office,SeeRem
Level 1:
n/a
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
See Remarks
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
936
Year Renovated:
n/a
Basement:
No
Full Baths:
0
Half Baths:
1
Appliances:
See Remarks
Flooring:
Laminate, Wood
Fireplaces:
No
Fireplace:
n/a
Interior:
n/a
Exterior Features
Garage Space:
No
Garage:
n/a
Driveway:
2 Car Width, Blacktop, Parking Lot-Exclusive, See Remarks
Roof:
Asphalt Shingle
Exterior:
Composition Siding
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
1 Unit, Forced Hot Air
Heating Source:
Electric
Cooling:
1 Unit, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Services:
n/a
Lot Features
Acres:
0.05
Lot Dimensions:
46X50
Lot Features:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
Morristown High School (9-12)
Community Information
County:
Morris
Town:
Morristown Town
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$549,000
Tax Amount:
$6,693
Land Assessment:
$224,200
Build. Assessment:
$156,100
Total Assessment:
$380,300
Tax Rate:
1.76
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4047571
List Date:
08-18-2026
Days On Market:
0
Listing Broker:
WEICHERT REALTORS
Listing Agent:
Niren Sakaria
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox