25 days on rocket

73 Madison St, Morristown Town, NJ, 07960

$775,000

Home List Price

$9,203*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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73 Madison St, Morristown$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPark Space
HeatingBaseboard, Natural Gas, Hot Water
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24032897
StatusActive
(ACTIVE)

About 73 Madison St

Welcome to this gorgeous 2 family home in the heart of Morristown, NJ. A unique opportunity to buy a completely vacant two family home and live In one side and rent the other. Separate newer utilities and a large backyard make this property a perfect one to keep in your portfolio. There's even laundry in each unit. Owner was collecting $2,500 per unit but now the house is totally vacant.

Property Details

Property Features

Listing Office:

  • Office Name: Prestige Property Group - Montclair
  • Office Phone: (201) 708-5067
  • Listing Agent: Joseph Aziz

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, Hdwd As In

Parking Information:

  • Parking: Park Space

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
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Housing Market Comparison

See how this home compares to others in Morristown, NJ.

Med. Sold Price

$800K

Med. Price/SqFt

$428

Avg. Days On Market

84

# of Sold Homes

28

73 Madison St vs Morristown

25 DAYS ON ROCKET

-59 Days

$775,000

-$25K Less

KEY TAKEAWAY

This property is $25K less than the Median Sold Price in Morristown, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24032897

Listing Office:

  • Office Name: Prestige Property Group - Montclair
  • Office Phone: (201) 708-5067
  • Listing Agent: Joseph Aziz

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2104551
5
/10
  • Thomas Jefferson School

  • James St And Ogden Place

  • 0.19 miles

  • Public District Grades 3-5

school-card-donut-2104552
4
/10
  • Alexander Hamilton

  • 24 Mills St

  • 0.99 miles

  • Public District Grades 3-5

school-card-donut-2104553
5
/10
  • Sussex Avenue School

  • 125 Sussex Ave

  • 1.52 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,467. Residents of Morristown, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyMorris CountyMorristown0796073 Madison St

This home is located at 73 Madison St in Morristown Town, NJ and zip code 07960. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $775,000.

While more than 18 listings in Morristown, NJ in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. The number of listings in Morristown, NJ increased by 15.4% between September 2024 and October 2024. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $800,000.

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

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