5 Budd St, Morristown Town, NJ 07960
5 Budd St, Morristown Town, NJ 07960
5 Budd St, Morristown Town, NJ 07960
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$549,000
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936 SqFt
New

5 Budd St Morristown Town, NJ 07960

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $586

MLS Listing ID 4047566

Year Built 2013

Annual Tax Amount $6,693

Tax Year 2025

Lot Size 2,178 Sqft

Property Sub-Type Mixed Use

Property 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.

Location

State NJ

County Morris

Zoning MX-1

Interior

Heating Electric

Cooling 1 Unit, Central Air

Flooring Concrete, Laminate, Wood

Equipment Appliances, Furniture, Kitchen Area, Office Equipment, Restrooms - Private, Security System

Heat Source Electric

Exterior

Exterior Feature Composition Siding

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by WEICHERT REALTORS

NEARBY SCHOOLS & PROPERTIES

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David Wainwright Jr

David Wainwright Jr

Broker Associate | License ID: 8744778

+1(973) 818-7100

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5 Budd St