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Listing Agent is a partner in Jersey Heights Residences LLC. Property is fully occupied Adjacent parcel is available and is fully permitted through Local Authority and Act 250, and improved with municipal water and sewer, underground power, sidewalks, paved driveway and parking for an additional 8 units. Separately listed at $489,000.00. †
Property Location
24 Jersey Way Morristown
Property Details
List Price 4,199,000
Bedrooms 0
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 0
Year Built 2024
MLS# 5035920
Lot Size 0.6 Acres
Taxes $0
Type Multi-Family
Days on Market 17 Days
Tax Year 2024
Units 15
Stories 2
Road Frontage 435
Annual Income $348,000
Style Near Shopping
Water Frontage
Annual Expenses $0
Finished 13,440 Sqft
Construction No, Existing
Zoning Residential/commercial
Above Grade 13,440 Sqft
Seasonal No
Total Rooms 0
Below Grade 0 Sqft
List Date Apr 11th, 2025
Gross Income $348,000
Operating Expenses $0
Net Income $260,084
Expenses Includes
Construction
Basement, No Tenant Access, Frostwall, Concrete, Crawl Space, Exterior Access
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Concrete
House Color Red-yellow
Floors Carpet, Vinyl Plank
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsI-89 to Exit 10, (Waterbury) head North thru Stowe to Morrisville. Turn right at Catholic Church onto Historic Route 100. Property is on right just past Maplefields Market.
Lot DescriptionYes, Near Bus/Shuttle, Level, Rental Complex, Sidewalks, Near Golf Course, Near Skiing, Near Public Transportatn, Near Hospital, Windows - Double Pane
Garage & Parking No, Paved, On Site, 21+ Spaces
Road Frontage 435
Water Access
Driveway Paved
Water Type
Flood Zone No
Water Body
Zoning Residential/commercial
School District Morristown School District
Middle
Elementary
High
Heat Fuel , Electric
Excluded
Heating/Cool Mini Split, Electric
Negotiable
Sewer Public
Parcel Access ROW No
Water
ROW for Other Parcel Yes
Water Heater
Financing
Cable Co
Documents Building Plans, Deed, Labor/Industry Permit, Plot Plan, Property Disclosure, Survey, Home Energy Rating Cert., Labor/Industry Permit, Plot Plan, Property Disclosure, State Land-Use Permit, State Wastewater Permit, Survey, Tax Map, Town Approvals, Town Permit
Electric Circuit Breaker, 200 Amp
Tax ID 414-129-10078
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† The remarks published on this webpage originate from Listed By Robert Provost of Provost Real Estate LLC via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.