$290,000

48-50 Elm St Unit B1 Morristown Town, NJ 07960

$3,444
Closing credit¹
1 bed
1 full
0.4 acres
Condo

Property details

About 48-50 Elm St Unit B1

Located just a 6-minute walk from the Morristown train station, this 1-bedroom, 1-bath condo offers an unbeatable location in the heart of town. The unit features a practical layout with tileand carpet flooring throughout, a functional kitchen ready for your personal touch. The spacious bedroom offers ample closet space and natural light, making it a comfortable retreat. With on-site laundry, dedicated parking, and close proximity to Morristown?s vibrant downtown area?featuring shops, restaurants, parks, and nightlife?this condo is a great opportunity for first-time buyers, investors, or anyone looking to customize a space in a highly desirable location.

Highlights

Home typeCondominium
HeatingNatural Gas
StatusActive
Lot size0.36 Acres
Year built1965
ParkingBlacktop, Parking Lot-Exclusive
MLS #3971009

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Gas Range, Gas Oven, Refrigerator
  • Basement: No
  • Flooring Type: Carpeting, Tile
  • Total Bedroom Count: 1
  • Private Pool: No
  • Parking: Blacktop, Parking Lot-Exclusive
  • Architectural Style: One Floor Unit
  • Heating: Natural Gas
  • List Price: $290,000
  • HOA Amount: $473 Monthly
  • Directions: 287 South to exit 36, left on Ridgedale, right on Morris, Left on Elm
  • Year Built: 1965
  • Lot Size: 0.36 Acres
  • MLS Number: 3971009
  • Office Name: PROFESSIONAL REALTY
  • Office Phone: (973) 252-3333

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Last updated on: 6/26/2025, 1:55:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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48-50 Elm St Unit B1, Morristown Town, NJ 07960 - view of front of property with brick siding

$290,000

48-50 Elm St Unit B1

$3,444

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

9

Brooklake School

Public District 3-5

1.4 mi

235 Brooklake Rd

9

Central Avenue Elementary School

Public District PK-5

1.8 mi

50 Central Ave

6

Normandy Park School

Public District KG-5

2.2 mi

19A Normandy Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,752. The most common annual income of people living in Morristown Town, NJ is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

32%
<35k
39%
35k-100k
23%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
5%
12-17 yrs old
58%
18-34 yrs old
20%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

Frequently asked questions

About 48-50 Elm St Unit B1

The listing price of 48-50 Elm St Unit B1 property is $290,000.

The property 48-50 Elm St Unit B1 is a condo located in Morristown Town, New Jersey, 07960.

Active Listing: 48-50 Elm St Unit B1 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 48-50 Elm St Unit B1 are: Brooklake School (GreatSchools Rating 9/10), Central Avenue Elementary School (GreatSchools Rating 9/10), Normandy Park School (GreatSchools Rating 6/10), Ridgedale Middle School (GreatSchools Rating 7/10), Madison Junior School (GreatSchools Rating 6/10), Memorial Junior School (GreatSchools Rating 8/10), Madison High School (GreatSchools Rating 6/10), Whippany Park High School (GreatSchools Rating 8/10), Hanover Park High School (GreatSchools Rating 8/10).

The property at 48-50 Elm St Unit B1 has 1 bedroom and 1 bathroom.

The year of construction for 48-50 Elm St Unit B1 is 1965.

This home is located at 48-50 Elm St Unit B1 in Morristown Town, NJ and zip code 07932. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $290,000.

While more than 3 listings in Morristown Town, NJ in May 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Morristown Town, NJ between April and May 2025 increased by 50%. While the average time on the market in May 2025 was 38 days, the median list price was $999,999.

From Rocket Homes Real Estate and based on county public records data.

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