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$ 549,000
Est. payment /mo
New
5 Budd St Morristown Town, NJ 07960
936 SqFt
UPDATED:
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
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Listed by WEICHERT REALTORS
NEARBY SCHOOL & BUSINESS